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...Instead, Severn has announced it will reduce leakages by 16 per cent and cut sewage run-offs, plus hire 7,000 workers to do so. The outlay roughly doubles Severn’s capital and operating costs....
...Severn plans to raise the average customer’s bill by almost 37 per cent in the region by the end of the decade to £518, as part of a new five-year spending plan....
...However, it would be the first class action-style lawsuit to be brought against the utility groups....
...The group estimated the rule would cost airlines $33bn over 10 years....
...Much of the past two years has seen the industry headlines dominated by the dumping of raw sewage — a topic that Severn Trent did well to mention only three times in its whole statement....
...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...
...The French president and EU officials called on Vladimir Putin not to use a terror attack on a Moscow concert hall, which has been claimed by the Isis militant group, as a pretext to expand the war in Ukraine...
...The commission said it was investigating under the Digital Markets Act, a new law aimed at curbing the power of the biggest online platforms....
...Liv Garfield, the boss of Severn Trent, received a total pay package of £3.2mn in the year to 31 March 2023, down from £3.9mn in the prior period....
...But the forecasting challenges facing investors in the social media group are not all that much worse than those facing, say, a computer gaming company or a movie studio....
...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....
...In an indication of the pressure building on the industry, the boss of Severn Trent, another big British utility group, called on rivals to join together to avert any threat of nationalisation by a potential...
...It came a day after shares of Astera Labs, an artificial intelligence infrastructure-related group, surged 72 per cent on the Nasdaq in an offering that raised $713mn....
...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....
...So a co-head structure is agreed pretty much explicitly along colonial lines; one co-head is the voice of the bank in the business and the other is the voice of the business in the bank....
...Such software is part of the new and growing sector of “collaborative work management”, where providers include Asana and Monday.com....
...The one thing that draws all these groups together is their collective rejection of the tyranny of AI-controlled work....
...Coatue Management managing director Aaron Weiner is leaving the group to start a new hedge fund, Bloomberg reports....
...group battled increased competition, including from the recent arrival of Huawei in the car market....
...Perrette said that the group was “way ahead of what we thought we’d do” in driving profits from its streaming platform. WBD will also start to crack down on password sharing among its existing users....
...Its former chief executive, Alan Bruce, left the group early this year....
...court to rule in case of human rights groups who seek to block the government from exporting F-35 fighter jet parts to Israel, which they claim enables war crimes in the besieged Gaza Strip UAE: World...
...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....
...Paviland, then, was no sea cave but rather a crevice in a range that rose sharply from the Severn plains....
...Thames Water’s overarching group is burdened with a consolidated debt mountain of £18.3bn as of March 31, up from £15.4bn the year before....
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