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...UBS has said it aims to reduce costs by $13bn by the end of 2026, with a further $1.5bn of savings over the course of 2024....
...BYD’s battery-electric car market share in western Europe was just 1.7 per cent in the first quarter of 2024, according to Schmidt Automotive Research....
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...That is lower than Deliveroo’s closing share price on Monday of £1.219, which would have generated about £83mn for Delivery Hero....
...“What we are going to do over the coming years, at least through 2030 and potentially beyond, is continue to grow our LNG business . . . stabilise our oil production at around 1.4mn barrels per day . . ....
...Investigations into alleged violence against women or sexual abuse by more than 1,600 serving officers and staff are ongoing....
...They were delivering contractors to “set up the temporary living area” for the UN-authorised multinational security force, led by 1,000 Kenyan police officers, Southern Command said in a statement....
...Completion of the vessel, which has taken almost seven years at a cost of NT$49.4bn ($1.5bn), is a milestone for Taiwan, which has struggled for decades to buy submarines and acquire the technology to build...
...Taylor said the Met would be deploying a further 1,000 officers to police planned pro-Palestinian protests in London on Saturday....
...Israel’s military said it had dismissed two officers over the strike, and also formally reprimanded two others, including the commander of the Southern Command for his overall responsibility for the incident...
...BP said it would spend another $1.75bn on share buybacks in the second quarter and Auchincloss said the company remained committed to returning “at least $14bn” to shareholders by the end of 2025, as long...
...Adrian Lewis, Inchcape’s chief financial officer, said there were several offers for its retail sites and following the deal, Inchcape would largely be a “pure-play” car distribution company....
...Wall Street’s benchmark index was down 1.1 per cent during Wednesday afternoon trading in New York....
...The company sold 374,000 vehicles in China, down 1.6 per cent from a year earlier....
...Jane Turton, chief executive, and Sara Geater, chief operating officer, will continue to lead the company. Read more here...
...Coca-Cola’s chief financial officer John Murphy said price increases would slow as inflationary pressures subsided....
...Lloyds’ total lending fell £1.2bn to £448.5bn in the first quarter, with its mortgage balance shrinking by £1.6bn. The group however flagged a rise in mortgage applications in the first quarter....
...Philips: Shares in the Dutch health technology group soared 30 per cent after it reached a $1.1bn settlement over personal injury litigation claims in the US, where millions of its sleep apnoea devices were...
...It failed in June 2020 after disclosing that €1.9bn in corporate cash linked to outsourced operations in Asia did not exist....
...Angela Constance, Scotland’s justice secretary, said almost half of the reports had been made on April 1, when the legislation came into force, with the number of daily complaints falling by 90 per cent...
...Shareholders will vote later today on a plan to raise Soriot’s pay by £1.8mn to a maximum of £18.7mn in 2024....
...Chief financial officer Christophe Salmon and executive director Jose Maria Larocca are due to leave Trafigura in the second shake-up of the commodity trader’s leadership team in seven months....
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