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Shares of world’s most valuable pharmaceuticals group reapproach record highs
Electric-car maker’s public policy unit also being disbanded as chief announces in memo hundreds more jobs to be cut
Creation of subsidiary is US money manager’s latest move to build ties and win mandates in Middle East
McDonald’s and Coca-Cola among companies highlighting impact of persistent inflation
Higher processing volumes help global agricultural commodities merchant offset lower pricing
Abu Dhabi-backed group will auction off newspaper and Spectator magazine after UK government blocked takeover
EV maker’s chief executive held talks with Chinese premier and secured key approval for data use
Chief executive leaves in sign of disarray at Hollywood group
Plus, Exor scores big on Philips bet and private equity navigates Gaza war protests in south-east Asia
iPhone maker has also created a secretive Zurich lab as it prepares fightback against rivals
Agreement would give senior creditors control of reorganised co-working company in exchange for $450mn
Regulators set to express concern over insufficient moderation of political ads that risk undermining electoral process
Shares in US electric-car maker soar 17% on autonomous driving prospects in world’s biggest auto market
Justices’ denial means billionaire must have comments about electric-car maker reviewed in advance
Carrier says production problems have held up negotiations as it announces deal with Airbus
US brands including Starbucks, KFC and Pizza Hut are being targeted over Washington’s stance on Israel
Agreement comes as Microsoft-backed start-up seeks data from reliable sources to train latest artificial intelligence models
Latest offer from US private equity group wins backing of UK-listed music rights owner
Several funds have received valuable tokens that they did not buy and cannot sell
A soaring stock market is adding to the fortunes of American bosses compared with counterparts in the UK
Company weighs deal with Skydance as Sony and Apollo prepare counterbid
Regulators should be embracing much more sophisticated measures of lenders’ health
Billionaire arrives in world’s largest car market as he makes push on ‘robotaxis’ in bid to revive fortunes
Venture capital firm’s success underlines divergence between big names and smaller groups as fundraising slows more broadly
Elite law firms have been relocating to the west side development as they seek to appeal to younger workers
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