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...F1’s operating profit rose by 64 per cent to $392mn in 2023 from a year earlier, as revenues jumped to $3.2bn from $2.5bn....
...Topher Forhecz is our executive producer and our global head of audio is Cheryl Brumley. Have a lovely week and we will find each other again on Friday....
...In Scotland the figure rose from 11.7 per cent to 33.5 per cent over the decade. In Wales, it jumped from 15.6 per cent to 40.5 per cent....
...The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com...
...this may have affected many other SFO cases for many years, particularly if the SFO knew about the issue but did not inform the defence,” said Christopher Houssemayne du Boulay, a partner at Hickman & Rose...
...Topher Forhecz is our executive producer and our global head of audio is Cheryl Brumley. Have a lovely holiday weekend and we’ll find each other again on Monday. [MUSIC PLAYING]...
...In today’s newsletter: Kirkland & Ellis confronts a dealmaking slowdown The PE dealmaker who’s everywhere right now KKR jumps on a deal Carlyle snubbed QE+PE= K&E Chicago law firm Kirkland & Ellis has...
...Ann E Harrison is an economist and the 15th dean of the Berkeley Haas School of Business....
...Boeing reported earnings last week, and the stock rose 5 per cent on the results. Did management make the right noises — or do they still think its problems are anomalous and disconnected?...
...They don't court Wall Street equity analysts like the other Chinese e-commerce giants do....
...They don’t have an e-shop or any information online, so you have to go to the store if you’d like to see their new arrivals, which feels so refreshing these days....
...Exports also rose for a fifth straight month in December, though at a slower pace than expected....
...The executive producer is Manuela Saragosa and Cheryl Brumley is the FT’s global head of audio. Thanks for listening....
...Now, according to an analysis of Fema data by the E&E News website, this doubling of rates will become a reality in 800 of 3,000 counties....
...Shares in the first Tata company to go public in almost two decades rose as much as 180 per cent, valuing the group at $7bn. The Indian stock market is at record highs....
...Trainline’s investments are paying off with rising e-ticket penetration and growth in its software division. Train tourism has returned on the continent as well....
...Ethan WuAnd just to put a finer point on it, the point here is it’s not enough to just look at headline p/e for the UK, headline p/e for the US and say, well, golly, there’s a huge discount here....
...Anti-protectionist: Mercedes-Benz has urged Brussels to lower tariffs on Chinese e-cars, just as the European Commission is considering the opposite....
...Her eye for colour inspired many heirs and followers, among them Maud E Stebbing, whose Colour in the Garden, a finely illustrated book, is overlooked but still valuable: it had two major editions, one in...
...In the European tech sector, you can attribute the high P/E to heavy weighting of expensive ASML and SAP, which together make up half the sub-index....
...Payment service providers may include banks, building societies, e-money issuers, remittance services and credit card issuers....
...Cheryl Brumley is the FT’s global head of audio. Special thanks to Laura Clarke, Alastair Mackie, Gretta Cohn and Natalie Sadler. FT premium subscribers can get the Unhedged newsletter for free....
...Share moves to note on the New York Stock Exchange include E.L.F Beauty, CVS Health, and Carlyle Group: Shares of discount cosmetics retailer E.L.F Beauty jumped 14.6 per cent after it raised its guidance...
...In some countries, the takeover has been striking: in Croatia, sales rose from 12 per cent of the total to almost 60 per cent in a decade....
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