The investment firm managing nearly $1.5 billion of assets for members of Nintendo’s founding family is willing to play a long game when it comes to portfolio companies and can wait more than a decade to see a turnaround, a top executive said. That timeline helps explain why Yamauchi-No.10 Family Office shows no sign of […]
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Europe will lose out to countries like the U.S. and Japan on new medical research, trials and treatments unless draft rules reforming the European pharmaceutical landscape change, the CEO of Danish drugmaker Novo Nordisk warned on Thursday. The European Commission will present its proposed overhaul of the bloc’s pharmaceuticals regulation on March 29, the first […]
German Chancellor Olaf Scholz will hold confidential talks on Friday in Washington with U.S. President Joe Biden about the war in Ukraine amid growing concerns that China may provide weapons to Russia as its invasion of Ukraine grinds into a second year. Scholz set off on the one-day trip, which unusually will not include a […]
I’ve known Heather McDonald, one of the two protagonists of this article, for the better part of a decade. The impression she made on me, and doubtless, the whole media industry in the UAE was pure dynamite. As head of Filmmasters MEA, she had vision and an uncompromising attitude towards quality in both the films […]
U.S. stock index futures inched higher on Friday as Treasury yields took a breather from a week-long rally, which was sparked by worries that the Federal Reserve would keep interest rates higher for longer to tame stubborn inflation. Wall Street indexes have had a volatile start to March after the latest economic data pointed to […]
European shares rose on Friday, as hopes that the U.S. Federal Reserve could adopt a measured approach for rate hikes ahead lifted technology stocks, while miners jumped on growing bets of demand recovery in China. The continent-wide STOXX 600 rose 0.7% in early trading, with rate-sensitive tech stocks up 1.4%. Overnight, Atlanta Fed President Raphael […]
Salesforce Inc on Wednesday forecast first-quarter revenue above analysts’ estimates and doubled its share repurchase to $20 billion, indicating a strong cash flow for the company that has come under pressure from activist investors. The upbeat forecast and fourth-quarter results that beat analysts’ estimates pushed the shares of the cloud-based software provider up 14% in […]
Microsoft Corp has reached a deal with Africa’s biggest independent fiber network toward its goal of expanding internet access on the continent, its President Brad Smith said. The agreement, with Liquid Intelligent Technologies, by 2025 aims to widen connectivity in countries such as Zambia and the Democratic Republic of the Congo to 20 million people, […]
The hunger for fossil fuel is not what it once was. The urgent need for a sustainable solution to help limit environmental damage has showcased that fossil fuels are not the only way to go. Fuel alternatives started becoming mainstream, making life easier for companies in various sectors by helping them reduce costs and become […]
Blockchain is the ultimate disruptive technology, capable of decentralizing power and creating a more transparent and equitable society.” These words by Don Tapscott, an influential author and blockchain expert, capture the essence of how blockchain technology can transform industries and the world as we know it. At the heart of blockchain lies decentralization, which enables […]