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...Fast-growing private capital managers such as Apollo have in recent years pushed aggressively to create higher earning assets for insurance companies....
...The data unit, Parameta Solutions, was registered in February as a standalone company as TP ICAP prepared a possible sale or listing of it, said two people with knowledge of the matter....
...Influencers affiliated with Ogilvy will need to clearly say when they are being paid by a pharma company....
...As part of the changes, Deloitte’s advisory businesses, which advise companies on everything from technology to dealmaking and also includes its tax and legal unit, will be cut to three divisions from four...
...“When India’s gross domestic product gets to $15tn, I’m sure we’ll have those [big companies] too.”...
...Bernard Arnault’s son Frédéric has been appointed chief executive of LVMH’s watches unit, a role he says will result in “working more closely” with his billionaire father....
...The move marks the reintroduction of a unit similar to one that was folded into another department in 2021 after former chief strategy and transformation officer Mike Sherman left the company....
...Airbus and Atos confirmed in January that talks over the unit were under way as Atos chair Jean-Pierre Mustier sought options to deal with the company’s big debt burden, while trying to assuage political...
...Vodafone Idea was formed in 2018 as a joint venture between the UK telecoms company’s Indian unit and the Mumbai-based conglomerate Aditya Birla Group, after the disruptive entrance of Jio, the operator...
...unit BDS for as much as €1.8bn....
...It said betting companies had a significant role to play in combating financial crime....
...The companies confirmed in January that talks over the unit were under way as Atos chair Jean Pierre Mustier sought to deal with the company’s debt....
...The new manufacturing division, aimed at building chips designed by other companies, is part of a turnaround plan introduced by chief executive Pat Gelsinger, who took the helm three years ago....
...Microsoft has hired Mustafa Suleyman, the co-founder of Google’s DeepMind and chief executive of artificial intelligence start-up Inflection, to run a new consumer AI unit....
...Cruise later halted its driverless car operations across the country, and GM said it would cut spending on the unit by “hundreds of millions of dollars”....
...Shares in the Asia-Pacific unit of Anheuser-Busch InBev fell on Thursday after the company missed profit estimates by almost 50 per cent....
...“They [Berkshire] know when they put their name behind a company like HomeServices that homeowners trust that name,” Ketchmark said. “We believe they exploited that.”...
...This year HSBC has completed the sale of its Canada unit and its French retail banking business. It has previously agreed to sell its operations in Greece and Russia....
...It is also talking to the German government about taking a stake in the business, the company said....
...Luminate calculates album-equivalent units that include listening on streaming platforms as well as sales of vinyl, CDs and digital downloads....
...TikTok suspended its shopping unit in the country following introduction of the rules....
...The carmaker stressed the unit is “self-funding”, and that it did not need the IPO to raise capital for the wider company....
...Staff in EY’s UK deals business have hit out at the company’s management for the way recent job cuts were handled, saying “trust is broken” and that employees feel “deflated” as sales in the department slump...
...DeepMind was acquired by Google in 2014 for $500mn, one of the first large bets by a big tech company on a start-up AI lab....
...The report, which Cruise commissioned from law firm Quinn Emanuel, provides new details of the company’s response to the crisis, which has dealt a major blow to its expansion ambitions and renewed concerns...
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