At a $150bn valuation that’s a 0.33% stake. Masa is so back. www.reuters.com/technology/s...
Japanese telecom company SoftBank's Vision Fund will invest $500 million in OpenAI's latest funding round, The Information reported on Monday, citing a person familiar with the deal.
Britain's new "light-touch" stock market listings regime in action: Vodafone shareholders no longer get to vote on merging its UK business with Three.Britain's new "light-touch" stock market listings regime in action: Vodafone shareholders no longer get to vote on merging its UK business with Three.
When a bemused subeditor protested that he didn’t understand an article of his, Jay replied: “It’s not intended to be understood by people like you. It’s only intended to be understood by three people, two of whom are in the Treasury and one of whom is in the Bank of England.” on.ft.com/3XLFiXu
After helping to undo the postwar consensus, he became Britain’s man in Washington DC
I wrote about the significance of the fight over the future of Commerzbank. Alternative title: Twenty years of talking about European bank consolidation. www.reuters.com/breakingview...
Commerzbank has long been an also-ran in European banking. Its balance sheet is roughly one-fifth as large as French rival BNP Paribas ; its stock market value is barely a quarter of Spain’s Banco Santander . Yet Germany’s second-largest private lender is at the centre of a battle that could determine the outcome of a decade-long effort to level the playing field for financial institutions in the
Meanwhile, in Lebanon www.reuters.com/world/middle...
The Israeli military said on Saturday it had killed Hezbollah leader Sayyed Hassan Nasrallah in an airstrike on the group's central headquarters in the southern suburbs of Beirut a day earlier.
I knew Open AI had high running costs because of the computing power required to run ChatGPT, but I didn’t expect the costs to be quite that high. Wow. www.nytimes.com/2024/09/27/t...
Will this be the day when the yield on10-year Spanish government bonds drops below French ones? Both at 2.96% now...
Rupert Murdoch is in a similar position to a London buyer trying to get on the housing ladder." www.reuters.com/breakingview...
Rupert Murdoch is in a similar position to a London buyer trying to get on the housing ladder. The tycoon’s online property listing company REA Group on Monday outlined a third attempt to buy Rightmove , valuing the UK’s largest online real estate listing portal at 6.1 billion pounds ($8.1 billion). As with property transactions in the UK capital, an offer can simultaneously be generous and not a