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...Italian prosecutors find suspicious that AC Milan’s parent holding company is “based at the same address” as Elliott’s previous controlling company....
...Amazon, Microsoft and Google parent Alphabet look set to ramp up capital spending, as the world’s biggest cloud computing groups build up capacity to serve the growth of generative artificial intelligence...
...Neither the subsidiary nor the parent company responded to multiple requests for comment....
...The co-head of SoftBank’s Latin American fund said he had “zero concern” about securing extra capital from its Japanese parent, despite nearly $1bn of investment losses and the departure of the man considered...
...However, at the level of consolidated earnings before interest, taxes, depreciation and amortisation, News UK contributed a profit to parent company, the US-listed News Corp, for 2023....
...Thames Water — which supplies 16mn people in London and the surrounding area, or about a quarter of the population of England and Wales — has suffered a sharp drop in its bond prices after its parent company...
...Noting that the JIC deal is expected to be completed in early March, the filing says: “In less than five weeks, Inpria and its parent company, JSR, will try to make righting these wrongs impossible.”...
...TMTG became a publicly listed company after merging with a cash-rich Spac called Digital World Acquisition Corp, several of whose founders have taken legal action....
...Smith predicted that more investment was likely to flow into the design and development of AI chips, a sector led by Nvidia, which recently leapfrogged Amazon and Google parent Alphabet to become the third-most...
...discuss its response to an investigation by its Compliance Advisor Ombudsman that it failed to meet the conditions in its own sustainability policies after investing $13.5mn in NewGlobe Schools, the US parent...
...Meta, the parent company of Facebook, Instagram and WhatsApp, reduced depreciation expenses by $860mn in 2022, which added $693mn to net income that year....
...Margherita now says she is entitled to a stake in Dicembre, Exor’s parent company, based on her allegedly unlawful exclusion from her mother’s will....
...Amazon, Microsoft, Meta, Google parent Alphabet and music streaming service Spotify are among the companies that have signalled plans to strike such a balance this year....
...After well over a decade of investment and development in the sector, Comac brought the 164-seater C919 jet into service last year....
...A scandal over safety testing at Japanese carmaker Daihatsu is shaping up as a pressure point for change at its parent Toyota....
...Indeed, its results were a lone bright spot in parent Thyssenkrupp’s challenging quarter. What makes Nucera different?...
...When VMware was spun off from Dell Technologies in 2021, it then paid its former parent company a special dividend of more than $9bn that was used to repay the large debts Dell and Silver Lake had accumulated...
...Crisis hit Austrian property business Signa Group held talks with hedge fund Elliott Investment Management to try to secure more than €400mn of financing to save it from collapse....
...Rupert Murdoch’s News Corp is also interested in buying the Spectator....
...Few have so far felt pity for the holders of Microsoft, Apple, Amazon, Google-parent Alphabet, Tesla, Facebook-parent Meta, and Nvidia, which have seen gains this year ranging from about 35 per cent (Apple...
...Last month, SVB Financial announced a deal to sell its securities and investment banking business to a buyout group led by one of its investment bankers, Jeffrey Leerink, in a transaction valued at about...
...Its shares rose 4 per cent on the earnings news, adding about $100bn to its stock market value, while Alphabet, Google’s parent, lost about $100bn in market capitalisation as its shares slid more than 6...
...Moving the stake back to the SoftBank parent company dispels uncertainty for future Arm investors on if and when the Vision Fund would sell down its stake after the company had gone public....
...The question for investors is whether these components are worth more in total than the market capitalisation of the parent....
...The two companies have also signed a long-term partnership that will see Great-West Lifeco’s parent, the Power Corporation of Canada, allocate $25bn to Franklin’s alternative investment funds, which had...
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