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Plus, Apollo boss Marc Rowan signals the end of an era for private equity
Investment in the burgeoning technology is increasing, but there is uncertainty as to when it will start to pay off
Paramount has been shopping the company since regulators blocked proposed deal with Penguin Random House
Tech giant’s revenue down 1% to $81.8bn for quarter in third straight decline
Slowdown in growth at ecommerce company’s cloud division proves less severe than anticipated
Chase Coleman’s hedge fund also makes investments in aerospace and healthcare
Uber just made money. Is it really a profitable company now?
US markets are booming again and London is falling behind its rivals
Car insurance still isn’t looking good, and then there’s the weather . . .
WBD’s economics works neither for writers and actors nor for capital markets
UK exchange operator says it is working with US group in effort to harness new technology
Buyout groups must ‘go back to investing in the old-fashioned way’, Marc Rowan says
Uber finally turns a profit after more than $30bn of operating losses
Executives extol strategic focus on financial discipline as losses narrow in group’s streaming unit
Departure of top executive comes amid restructuring by chief executive Jane Fraser
Start-up has raised far less in funding than OpenAI, and is yet to present a convincing business model
Enter the dragon
Plus, Harvey Schwartz confronts a big challenge at Carlyle
Some insiders fear it could take years to replace top-tier bankers
A US court order compelling Covington & Burling to hand over client names to SEC after data breach has put firms on edge
Novo Nordisk and Eli Lilly accused of failing to warn patients of gastroparesis risk
Pinegrove Capital hopes to take advantage of plunging valuations of venture-backed groups
Chief executive Harvey Schwartz vows to be ‘disciplined’ in plotting recovery for buyout group
Deal for CorpAcq based in north-west England shows how far Spac sponsors are having to spread their net
Company becomes the second brewer to benefit from the dethroning of America’s top-selling beer
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