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...However, a recent research note by debt rating agency S&P Global said it has annual revenue of more than $2.5bn and earnings before interest, tax, depreciation and amortisation of about $500mn....
...Nicholas Cullinan has been appointed the new director of the British Museum, which has been battling to restore its reputation since it emerged last year that about 2,000 artefacts had been stolen over a...
...Nicholas MegawSo there are a couple of things going on....
...This behemothic 63-complication, 2,877-component pocket watch is the focus of attention on the Vacheron Constantin stand at the annual Watches and Wonders fair in Geneva....
Drug developers raised $6bn in January, helped by a rebound in merger activity
...added a further 0.6 per cent by mid-afternoon on Monday, but the gains were not enough to offset declines in more interest rate-sensitive sectors such as real estate and utilities, and the index dipped 0.2...
...The shares had a market value of almost $2.9bn based on Thursday’s closing price. The sale is set to be the largest follow-on offering in a US-listed group since January 2022....
...The shares had a market value of almost $2.9bn based on Thursday’s closing price, though the stock is likely to be sold at a slight discount....
...Gaming chips produced $2.9bn of sales....
...Nvidia shares rose 4 per cent on Friday, giving it a valuation of about $2.05tn. Its share price has now climbed 66 per cent since the start of 2024, or about $830bn in dollar terms....
...Although British companies experienced 2.39mn cyber attacks over the past year, only 18 per cent of them provided cyber security training to their staff, according to the UK government’s 2023 Cyber Security...
...The S&P 500, Wall Street’s benchmark gauge, closed up 2.1 per cent, marking its biggest daily gain since January 2023 and surpassing last week’s record high....
...The tech sector was the main driver of a 1.2 per cent increase in the S&P 500, bringing the benchmark index to a record high for the first time since January 2022....
...Public sector net investment will decline from 2.6 per cent of GDP in 2023-24 to 1.8 per cent in 2028-29, according to the analysis of the chancellor’s Autumn Statement by the Office for Budget Responsibility...
...The 10-year Treasury yield has risen 0.29 percentage points this year, while the two-year yield has added 0.2 percentage points as central bank officials pushed back on investor hopes that they would cut...
...The core personal consumption expenditure index rose 2.9 per cent year on year, down from a 3.2 per cent pace in November and lower than consensus forecasts....
...Chipmaker Nvidia, which has gained 23.5 per cent year-to-date, rose 4.2 per cent....
...The equal-weighted version of the S&P 500 has risen just 0.2 per cent compared with the benchmark index’s 4 per cent gain....
...It reported revenue of $2.8bn in the first nine months of 2023, and net income of $1.3bn....
...The S&P 500 index rose 1.2 per cent to close at 4,839.81, overtaking a previous record set on January 3 2022. Its intraday value also reached a fresh high of 4,842.07 during the trading session....
...The S&P 500 slipped back 0.2 per cent after strong gains in the previous session, but remained in touching distance of its all-time record. The Nasdaq Composite eked out a 0.1 per cent increase....
...The Nasdaq Composite slid further, reversing an early rise to trade 0.2 per cent lower....
...The continent-wide Stoxx Europe 600 stock index has fallen 2 per cent this month, and investors have scaled back their rate cut expectations further than in the US....
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