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...We are trying to test the waters now.”...
...Perhaps unsurprisingly, the fate of a water utility stirs up greater emotion than more typical investment targets for financial investors such as niche software companies....
...richard.waters@ft.com...
...Instead, he said the company’s former chief financial officer had been central in carrying out the fraud....
...The charges are similar to ones that have already resulted in a five-year jail sentence for former Autonomy chief financial officer Sushovan Hussain....
...As the Financial Times reported this week, Big Tech companies are using ever more water to cool their energy-intensive data centres....
...The fund will seek commercial returns, without concessional financing, said Tomasz Telma, global head of the IFC’s financial institutions group....
...Check back next week for more US political analysis from the Financial Times....
...But signs that business applications are further off than expected have led to warnings of a possible “quantum winter” of waning investor confidence and financial backing....
...Clips from Activision Blizzard For further reading: How Brad Smith used Microsoft’s $1bn law and lobbying machine to win Activision battle The newfound influence of the UK’s competition watchdog US v...
...In 2016, the Army Corps of Engineers concluded that it was not cost-effective to build flood walls, levies and pump stations to protect Manville....
...Maxine Waters, the top Democrat on the House financial services committee, on Wednesday urged the DoJ and banking regulators to swiftly block the deal....
...Speaking in a Financial Times interview this year, Nadella admitted the two companies had developed a “mutual dependence”....
...Pushing for higher prices, however, also increases the danger that some customers will consider abandoning Arm altogether and switching to Risc-V, a rival open-source technology, this person said....
...Dave Zinsner, chief financial officer, said that all of Intel’s businesses had performed better than expected, with PCs leading the way....
...Biden said the US Army Corps of Engineers would work swiftly to clear the channel and allow the port to reopen to ships....
...For more on his extravagant lifestyle, including his 322-foot boat that was once described as “Ritz-Carlton on the water”, click here....
...Cytokinetics (WSJ) Bet365 chief Denise Coates’s salary rises to £221mn (FT) Chris Hohn’s hedge fund TCI beats markets with 33% gain (FT) Tronchetti Provera increases stake in tyremaker Pirelli (FT) Thames Water...
...Microsoft received an unexpected financial boost from generative AI while Google struggled with sagging growth in a core part of its business as it ploughs money into the tech industry’s hottest new technology...
...Trevor Milton, former chief executive/chair of Nikola Corp, is scheduled for sentencing later this month after being convicted of fraud....
...“We are . . . so very close to being above the water now,” said Goto, referring to the Vision funds’ performance....
...Shareholders approved the cash call last week, and chief executive David Frumkin and chief financial officer James Hopkinson backed the deeply discounted fundraising by buying substantial quantities of shares...
...As we’ve covered previously, the US’s auto insurance rates have soared 24 per cent over the past two years (v BLS data)....
...Financial markets closed UK: Labour Force Survey key indicators Results: Caterpillar Q4, Estée Lauder Q2, Itochu Q3, Kikkoman Q3, Loews Corp Q4, McDonald’s Q4, Mitsubishi UFJ Financial Group Q3, NXP Semiconductors...
...“We have got to be able to take more water out of the reservoir, and so there are plans to pull more water out with some additional drilling and surface equipment . . ....
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