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...“We would not accept a power grab by the commission,” said a senior EU diplomat, who described an associated idea of the 27 member states issuing new jointly backed defence bonds as “pure fantasy”....
...That helped power total flows into ETFs in the quarter to $67bn....
...The father of mortgage-backed securities, unsurprisingly, puts his faith in the power of markets. Larry Fink last week released his perennially anticipated shareholder letter....
...If there is one man who knows about how to tailor a blouson, it’s Henri Zaks, proprietor of Seraphin in Paris....
...The group’s market capitalisation has almost halved from its late-2021 peak of $1.2tn, when investors’ faith in the messianic powers of Musk went unquestioned....
...It’s baffling to watch a film about the relevance of the public broadcast service produced by the subscriber-funded disrupter whose role in the cultural discourse has been to undermine its power....
...Tesla has paused production and evacuated its only European car manufacturing plant after a suspected arson attack on a nearby electricity pylon caused widespread power cuts....
...“Buy what you know” was a keystone of his investing philosophy — one that earned the Fidelity Magellan fund a benchmark-beating 29 per cent annualised return under his 13-year stewardship....
...Flutter — previously Paddy Power Betfair — was an early mover. It now operates mobile sports betting in 22 states and online gaming in five....
...Venues can feel pressured to use Ticketmaster as its ticket vendor: Live Nation could use its promotional power to prevent the venue from getting shows....
...This will include research, models, computing power and those responsible for overseeing their accuracy and trustworthiness....
...Or as one legal expert put it: “If they think that we’re at the top and so they’re getting out, that’s a rather stark signal to everyone else.”...
...The EU has launched probes into Apple, Alphabet and Meta in the first use of a landmark new law designed to rein in Big Tech’s market power....
...Talent agency UTA has parted with veteran Hollywood power broker Michael Kassan, sparking a bitter legal battle over differing allegations about the use of a $950,000 “special expenses” fund....
...One is that Apple blocks the distribution of some apps and services that might threaten its model....
...Around the world, more attempts are being made to put limits on tech company power. Slowly, Apple’s closed ecosystem is being chipped away....
...One is energy giant TotalEnergies, where Patrick Pouyanné’s dual role is being challenged by investors wanting a faster shift away from fossil fuels....
...France’s state-controlled nuclear power operator EDF aims to build roughly one 1.6 Gigawatt reactor a year once it gets going with its new orders for at least six new ones in France by the mid-2030s, according...
...It is time now for Renesas to demonstrate that its purchases were the right ones, not make new ones....
...Assuming the government wins on the market power issue, I think the case for undoing those two mergers is a pretty good one....
...but it’s often the best one can do....
...But anyone surprised that a venerable auction house, which traces its history back to 18th century England, is now taking the financialisation one step further by securitising those loans, clearly doesn’...
...Finding appropriate sites can be challenging, with power just one factor to consider among others such as the availability of large volumes of water to cool data centres....
...The first tune, “Empirical Perception”, one of two homages to Whitten, ghosted the contours of Ornette Coleman’s “Lonely Woman”....
...The commission said it was investigating under the Digital Markets Act, a new law aimed at curbing the power of the biggest online platforms....
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