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...It is down nearly 17 per cent since January 1 as top holding Tesla has fallen about 37 per cent this year....
...Windsor joined Abrdn in October after holding the same role at housebuilder Persimmon. He previously worked at insurance group Aviva for more than a decade....
...Executives at Apollo and MassMutual know each other well....
...As well as paying off obligations to retirees, the new structure involves repaying capital to current and former partners....
...If it succeeds, we’re all better off and if it doesn’t, well, the exchange’s investors lost.”...
...Accor is restoring 17 original train carriages to be launched on a route named the “Orient-Express-Nostalgie-Istanbul” as well as launching six other train routes and several hotels in Italy under the Orient...
Thank [expletive] for Michael O’Leary
...The Federal Trade Commission has sued to block US luxury goods group Tapestry’s $8.5bn acquisition of Capri Holdings, a move that threatens a bid to create a US rival to European giants LVMH and Kering....
...Jana Partners, the prominent US activist fund with around $2bn in assets, announced on Wednesday that it would work alongside Cannae Holdings, a financial sponsor holding company....
...Some multi-strategy firms, which trade a range of strategies, also performed well — including Citadel....
...“Our leadership in AI research and infrastructure, and our global product footprint, position us well for the next wave of AI innovation,” he added....
...Many other people, most of them apparently heading to the MWC as well, looked as shocked as I was. A very kind Chinese man offered to share an Uber with me, though we had to wait 20 minutes for a car....
...Its hodgepodge included a legacy talent management agency as well as live events and a mixed martial arts league....
...Emanuel will roll his equity holdings into the privatisation alongside other Endeavor executives....
...Bank of America, Barclays, Citigroup, Jump Trading, JPMorgan Chase, Morgan Stanley, Tower Research Capital and Wells Fargo are also investing in FMX....
...In an annual letter to investors, Tiger recently expressed optimism that its largest private investments, such as Stripe, software company Databricks and ByteDance, were “performing well and should have...
...The deal allowed Credit Suisse to cut its holdings of such assets from $75bn to $20bn. Apollo rebranded the business as Atlas....
...They have questioned the company’s previous disclosures over the limitations of its technology as well as its handling of the incident....
...The evidence cited by the appeals court included testimony by one current and one former Apollo chief financial officer, as well as a high-level investor, that they believed Apollo, not the funds, was to...
...Some of the trading was likely to have been rotational as investors sold out of Grayscale’s flagship bitcoin trust, which charges a 1.5 per cent fee, well above its competitors, said Todd Rosenbluth, head...
...His investment vehicle was ultimately paid $578mn for part of its equity holdings in WeWork....
...On Friday the company was trading at $33.92 after soaring over the past two days, but the price remains well below its intraday peak of $79.38....
...Finally, in the second half of the 20th and early 21st centuries, the integrated circuit, personal computers, and the internet combined to compress the 10x increase in economic well-being as measured by...
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