From Breakingviews: Soho House is looking for outside help to delist after its market cap halved since its 2021 IPO. Potential new investors should carefully evaluate whether the group’s global expansion plans can make it…
In 2021 and 2022, over 700 large companies generated at least $1 trillion of combined windfall profit. Now central bankers want companies to absorb the higher labor costs without passing it onto consumers. Francesco Guerrera…
War in the Middle East hasn’t spooked oil investors nearly as much as Russia’s Ukraine invasion did in 2022. That reflects expectations of weak crude demand, ample supply, and US leniency on Iran, whose exports…
The Chinese tech giant is charging up its auto business, which could be valued at as much as $35 billion. Extra cash would be handy for research into chips, AI and more, after geopolitical tensions…
Mukesh Ambani’s $210 billion Indian conglomerate missed earnings expectations as high crude refining margins driven by dislocation in energy markets wear off and weak global demand bites. The tycoon’s newer consumer-facing businesses may attract more…
Russian President Vladimir Putin’s meeting this week in Beijing with his Chinese counterpart Xi Jinping will underscore a strengthening bilateral bond and increasing erosion of Moscow’s economic sovereignty, Lisa Jucca explains. Read here: https://reut.rs/48RVziB Keep…
Amazon’s plan to invest up to $4 billion in artificial intelligence startup Anthropic — one of its biggest deals ever — is risky but overall, a smart decision, explains Anita Ramaswamy Keep up with the…
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