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...The company’s chair David Thomson — Canada’s richest man with a wealth of tens of billions of dollars — heads the media empire founded by his grandfather Roy Thomson....
...The benchmark S&P 500 fell 0.2 per cent on Thursday afternoon, notching five straight daily losses for the first time since October....
...S&P said it originally expected the war would not last “more than six months” as it downgraded Israel’s sovereign credit rating from double A minus to A plus....
...The S&P 500 declined on Thursday, headed for its fifth straight loss since October....
...The blue-chip S&P 500 dropped 0.9 per cent on Friday, capping its longest losing streak since October 2022. It fell for the third week in a row, losing 3.1 per cent across five sessions....
...“There’s a huge consensus, I would say, scientifically within Europe that a Higgs factory is the right thing to do next,” Thomson said in an interview....
...Thomson Reuters has an $8bn war chest to spend on acquisitions and investments in artificial intelligence, its chief executive has told the FT....
...The bank’s upgrade follows its forecast last week that Brent crude prices will hit $90 a barrel by the third-quarter....
...Last week traders pushed back their bets on when the BoE would first cut rates from June to August, after stronger-than-expected US inflation for a third month in a row....
...On Tuesday the oil major said that Thomson, who has been with the company for 19 years and has held a number of senior financial positions, would replace Auchincloss in the finance job, also on an interim...
...The S&P 500 notched its first gain of the week, recovering from a back-to-back decline, as traders took in new data that indicated a softening US economy....
...US blue-chips ended their best quarter in five years, with the S&P 500 squeezing out a 0.1 per cent gain even as big tech names including Apple, Tesla and Meta dragged the Nasdaq Composite to a similar-sized...
...More than 90 per cent of S&P 500 stocks closed higher on Wednesday, as a broad rally in late trading lifted the benchmark index to its first record high in almost a week....
...About nine in 10 S&P 500 stocks were trading lower as traders assessed US inflation data that was higher than expected for March....
...Meanwhile, the dollar was up 0.6 per cent against a basket of six peers and on track for a four-session winning streak....
...But for F1, the Red Bull drama is a major, unwanted distraction. The head of F1’s governing body told the FT last week it was “damaging the sport”....
...Thomson was handed a 10-month prison sentence in May last year, suspended for two years, for breaching a restraining order on his assets obtained as part of a probe by the Serious Fraud Office....
...News Corp boss Robert Thomson has warned that artificial intelligence companies using its content without approval were “stealing” from the publisher, as he set out plans to be a core content provider for...
...News Corp boss Robert Thomson warned artificial intelligence companies using its content without approval were “stealing” from the publisher as he set out plans to be a core content provider for the industry...
...Overall, almost three-quarters of the S&P 500’s constituents fell, with pharmacy operator Walgreens Boots Alliance the worst performer with a 9.9 per cent drop....
...More than 90 per cent of S&P 500 stocks closed higher, as a broad rally in late trading lifted the benchmark index to its first record high in almost a week....
...Gold hit a record high for the third successive session, climbing 1.2 per cent to $2,277 per troy ounce....
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