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...A version of this article was first published by Nikkei Asia on June 7, 2023. ©2023 Nikkei Inc. All rights reserved....
...“There are many groups who want to stop me from becoming prime minister . . . because they are about to lose their interests, whether it be a concession or business....
...The upstart progressive party will have to persuade more established opposition groups to co-operate in a coalition despite its radical reform agenda, while also avoiding any intervention by Thailand’s deeply...
...The group estimated the rule would cost airlines $33bn over 10 years....
...It also opened proceedings against Meta over whether the group’s new “pay or consent” subscription model complied with the DMA requirement for gatekeepers to obtain user agreement to “combine or cross-use...
...Need to know: business Novo Nordisk announced a €1bn deal for a German biotech developing therapies to treat heart disease, as the Danish group seeks to branch out from its blockbuster diabetes and weight...
...Pita’s coalition plans to nominate him again....
Brussels seeks explanation from iPhone-maker after group behind ‘Fortnite’ has account terminated
...Hong Kong Exchanges and Clearing and Australian drinks and leisure retailer Endeavour Group also report....
...More importantly, Trump Media & Technology Group rose another 14 per cent, right after we wrote that it looked a bit overvalued. Unhedged’s record as a contrarian indicator remains spotless....
...Bigger US prizes down the line include Nvidia-backed software group Databricks, valued at $43bn in a funding round last year and payments group Stripe, worth about $50bn....
...Trump Media & Technology Group, the company behind his Truth Social platform, rose as high as $79.38 a share from the previous day’s price of $49.95, before closing up 16 per cent at $57.99....
A detailed taxonomy of management company rationales for this weird Wall Street anomaly
...UK software group Solidatus, which helps companies manage their data, is ranked 91st....
...Its former chief executive, Alan Bruce, left the group early this year....
...The group reported margins for its auto business of 23.02 per cent last year, 2.63 percentage points higher compared with the previous year....
...Coatue Management managing director Aaron Weiner is leaving the group to start a new hedge fund, Bloomberg reports....
...“The broader trend of people rising up against gig work exploitation has given a collective voice to [this] group.”...
...The leader of the Move Forward party, Pita Limjaroenrat, was prevented from taking over as prime minister in May....
...Move Forward’s Pita is already the subject of a complaint to the election commission over his ownership of shares in a broadcaster....
...The seven largest tech groups — Microsoft, Apple, Amazon, Alphabet, Meta, Tesla and Nvidia — drove most of last year’s stock market gains as traders bet that they would be winners from the growth of AI....
...Advertising software group Klaviyo was the only large software listing on NYSE last year, as Nasdaq lured chip designer Arm and delivery group Instacart....
...The problems buyout groups are having with selling assets are leading to a divergence in fortunes when they try to raise new money from investors....
...In the end, the Fenway-led group, dubbed Strategic Sports Group, stepped to the front of the line....
...At HSBC’s offices the mood may be a bit cheerier: the group stands out for increasing its company-wide bonus pool by 12 per cent....
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