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...In the fourth quarter of 2023, Carvana’s widely cited “gross profit per unit” hit $6,000, doubling from the lowest levels of 2022....
...This has increased to 28 per cent of total cross-border lending in October 2023 from 17 per cent at the end of 2021....
...On an annual basis, prices rose 7.3 per cent, up from 6.7 per cent in January....
...Prices rebounded in the capital in the first three months of 2024, rising at an annual rate of 1.6 per cent, up from a contraction of 2.3 per cent in the final quarter of 2023....
...Shares in French luxury group Hermès fell 2.9 per cent despite a 17 per cent jump in the company’s revenues in the first three months of the year....
...It has then pulled off a neat trick: units sales have fallen by a quarter but the closely watched “gross profit per unit” has reached $6,000, a record level....
...Overall, military spending topped $2.4tn last year, or 2.3 per cent of economic output and a 6.8 per cent increase on the previous year, according to the Stockholm International Peace Research Institute....
...For the year to January, prices increased 6.6 per cent, an acceleration from November’s 6.2 per cent pace, as low inventory continued to support demand....
...A sudden spike in the price at 6.17 pm in New York pushed the price to a high of $2,222.39 per troy ounce, and moderated closer to the $2,200 level soon after....
...Revenue climbed 17 per cent to $61.9bn in the quarter, compared with analysts’ expectations for $60.80bn. Earnings per share rose to $2.94, ahead of expectations for $2.82....
...Data also published on Tuesday showed that eurozone headline inflation remained steady at 2.4 per cent for April, after a 17-month period in which it had fallen almost continuously....
...It posted a 6.8 per cent rise in retail sales, excluding fuel, to £30.6bn for the year to March 2....
...The Spanish group said on Wednesday that sales increased by 6.6 per cent to €8.8bn in the three months to the end of October, slightly less than analysts had expected and a drop from growth of well over...
...China has struggled to engineer a strong economic recovery in the wake of the pandemic, with gross domestic product expanding 5.2 per cent last year....
...The figure was below the recent high of 17.5 per cent registered in March 2023 but marked a slower decline than the 2.2 percentage points decrease between November and December, new data showed....
...Tankstellen, which has 340 sites in Germany and neighbouring countries....
...Still, 17 out of 20 major metro markets reported month-over-month price decreases in December, S&P said....
...probability of the UK’s first quarter-point interest rate cut being delivered in June, down from a 75 per cent chance ahead of official figures that showed average annual earnings excluding bonuses rose 6.2...
...Prices unexpectedly dipped 0.2 per cent month on month in March but were still 1.6 per cent higher than a year earlier, the fastest annual rise since December 2022....
...April 6 to 9, May 2 and 4; further information and tickets here Alexei Ratmansky’s take on Swan Lake returns to Miami following its North American premiere here in 2022....
...Hugo Boss: Shares in the German fashion label slid more than 17 per cent after it said sales and profits for the year ahead would come in below market expectations amid slowing demand....
...Sales of branded goods pushed just ahead of own-label items, with sales increasing by 6.1 per cent and 4.7 per cent, respectively, in the past four weeks....
...Now he is a frontrunner, who was joint leader with 17-year-old Gukesh D (India) on 4/6, ahead of the favourite Fabiano Caruana (US) and Praggnanandhaa R (India) on 3.5....
...That August, the price of Title Transfer Facility, Europe’s gas benchmark, surged past €340 per megawatt hour, an all-time high....
...Its 10-year debt yields 3.2 per cent, well below Italy’s at 3.6 per cent and the UK’s at 4 per cent. This recovery has benefited its banks, in particular....
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