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Messages were expected to appear in the batch of Mandelson files, published earlier this week, but did not. Source link
Partners Group is prepared to restrict investor withdrawals across more of its funds, the Swiss private markets giant said Thursday, after capping redemptions in one of its European vehicles following a surge in exit requests.The Zurich-listed fund manager warned that the spike in client withdrawals that upended private credit markets this year now appears to be spilling over into the private equity space.On Wednesday, Partners Group said it was halting withdrawals from its Global Value SICAV vehicle at 5%, after redemption requests hit 9.8%. It warned that another one of its funds — a Delaware-domiciled U.S. private equity vehicle —…
Broadcom posted strong quarterly results after the bell on Wednesday, but didn’t provide enough upside to its guidance to move the stock higher. Revenue in the fiscal second quarter of 2026, which ended May 3, was $22.19 billion, a slight miss versus the $22.27 billion consensus forecast, according to estimates compiled by LSEG. On an annual basis, revenue rose 48%. Adjusted earnings per share (EPS) increased 54% to $2.44, beating expectations of $2.40, LSEG data showed. Adjusted EBITDA grew 52% to $15.24 billion in the quarter, beating the FactSet consensus of $15.06 billion. A measure of operating profitability, EBTIDA is short for…
Barry Callebaut dips as Goldman cuts rating, expects growth strategy to take time Source link
Meta CEO Mark Zuckerberg during the Meta Connect event in Menlo Park, California, Sept. 25, 2024.Bloomberg | Bloomberg | Getty ImagesMeta’s effort to push beyond ads and to make money from artificial intelligence is now targeting the red-hot market of AI agents. The company said Wednesday that a new Meta Business Agent feature can be used across apps like WhatsApp, Messenger and Instagram to respond to customer inquiries, recommend products and book appointments. It will be included in a business-focused subscription tier for Meta One, which the company introduced last week as a way to package premium services for creators…
Reacting to the report, Karen Newman, vice president of the Board of Deputies of British Jews, said: “Our public services must set the standard for confronting anti-Jewish hatred and discrimination, and we must ensure the NHS, one of our proudest national institutions, is safe and welcoming for every staff member or service user, regardless of faith or ethnicity.” Source link
The Quantinuum logo is displayed on a smartphone screen placed on a reflective surface onto which lines of computer code are projected, in Creteil, France, on May 27, 2026. The quantum computing company files its official paperwork with the SEC for an initial public offering (IPO) on the Nasdaq. (Photo by Samuel Boivin/NurPhoto via Getty Images)Nurphoto | Nurphoto | Getty ImagesHoneywell’s Quantinuum said on Wednesday it has raised $1.68 billion in its U.S. initial public offering after pricing shares at $60 apiece, as investors flocked to one of the market’s fast-growing emerging technology sectors.Broomfield, Colorado-based Quantinuum sold 28 million shares in the offering.Reuters exclusively reported the…
US Castlelake looking at MSC shipping giant as partner for easyJet bid, report says Source link
Gemma 4 12B is almost as capable as the version with 26 billion parameters. Credit: Google Gemma 4 12B is almost as capable as the version with 26 billion parameters. Credit: Google Google says the new model is capable of complex multistep reasoning and agentic workflows that previously required the larger Gemma variants. Despite the smaller parameter count, Gemma 4 12B comes with the newly devised Multi-Token Prediction (MTP) drafters, which take advantage of unused processing cycles to calculate possible future tokens. The result is greater speed and efficiency. Google has released optional MTP versions of the other Gemma 4…
Leading the tributes, Prime Minister Sir Keir Starmer said Sir Alex “led an exemplary life and career”, adding “he will be remembered by the many ministers, colleagues, friends and family for his utmost dedication to British public life and protecting our nation.” Source link