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...It comes after Eli Lilly, the world’s largest drugmaker by market value, launched a similar platform in an industry first earlier this year....
...The decision comes as European consumers have been grappling with several years of high inflation, which has particularly affected food prices....
...The latter, fed up with high prices, are reining in spending and ditching big brands. The outlook for yoghurt looks particularly sour....
...In the relatively young US sports betting industry, there is no time for self satisfaction....
...In recent years, the S&P has shifted towards high price/book, high profit margin industries, such as tech....
...But that would not alone be enough to stop touts from price gouging. If a reseller buys the ticket, and then sells it again to the end user, Ticketmaster gets paid twice....
...“The imminent demise of the industry has been a talking point since 1952,” he told me....
...American, Delta and JetBlue all cited rising industry costs as driving their decision. The airline industry is confronting inflation, higher fuel prices and higher labour costs....
...“Those who had a lot of budget and were organised have already booked during the period when prices were very high in November and December, making prices go up,” he said....
...Bloomsbury’s shares are up 22 per cent in the past year, though the stock trades on a forward price-to-earnings multiple of under 12 times, below pre-pandemic levels....
...The outcome could have ramifications beyond the industry....
Home rental platform’s revenue growth forecast of 8%-10% in the second quarter is below recent trend
...The expansion speaks to the persistence of Canada’s oil industry, the world’s fourth largest by production volume....
...It will also allow merchants to charge different prices to consumers based on which credit card they use....
...Prices of non-food items in UK supermarkets have fallen year on year for the first time since 2021, taking overall shop inflation below 1 per cent, according to industry data that will come as a relief to...
...Many companies across multiple industries seek to become consolidators that create platforms to extract synergies, increasingly funded by private equity....
...This industry body is examining adherence by these companies to an emerging set of requirements on a voluntary basis,” he said....
...Gulden also said he did not expect that the bumper deal would lift prices for similar sponsorship deals with other partners, “only for Nike [as] we will not pay those prices”....
...“Type in ‘black tote,’ you’ll see thousands of choices and hundreds of brands at any price point,” she said....
...Peloton’s share price never regained its pandemic-era highs, leaving the equity awards that made up most of McCarthy’s pay package worth a fraction of its initial valuation....
At-home exercise equipment seems to have been just a Covid lockdown fad, and cars a necessity
...“If you know there is a change in legislation and if that is just limited to Europe, you might try to fight it,” one tech industry executive said....
People in the US are being squeezed to such an extent that they are spending less altogether
...In contrast, Toyota’s stock price has rallied more than 44 per cent in the same period....
...But they do not rule out further big price swings, particularly with gas demand rebounding recently, having remained subdued during the energy crisis....
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