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...A jump in sales at BCG’s AI division also partly offset a slowdown in other parts of the business last year amid a tougher economic backdrop....
...US confectionery giant Mondelez will be fined millions of euros as early as next month for restricting sales of its products between EU member states, according to three people with direct knowledge of the...
...One school of thought is that EV sales growth in Europe has, thus far, been from wealthy early adopters and corporate buyers....
...Sales of battery electric and plug-in hybrid cars could rise more than 20 per cent to reach 17mn this year, up from just under 14mn in 2023, and grow to account for as much as two-thirds of global sales...
...Lululemon’s sales in mainland China were up 60 per cent year on year in the latest quarter on a constant currency basis, and now make up nearly a tenth of total sales....
...Five Churchill Place, a former Bear Stearns office owned by Chinese investor Cheung Kei Group, was put up for sale last year after being placed into receivership by a syndicate of lenders....
...Cutting Edge Group (CEG), a music financier, publisher and record label based in London, has secured $500mn from a syndicate of four banks, led by US lender Fifth Third Bank and Northleaf Capital....
...Instead the bank and the former head of its equity syndicate, Pawan Passi, used the information “to position themselves ahead of those trades”, said Gensler....
...Sales of higher-margin discretionary items like home decor were down 12 per cent....
...barriers to cross-border sales....
Potential sale comes after Apollo’s $26bn offer was rebuffed
...The focus on robotaxis seems an attempt to draw attention away from falling sales. Inventory is piling up. Tesla has 28 days of unsold supply, up from 15 days last year....
...Of Tesla’s total quarterly sales of $21.3bn, 82 per cent were indeed “automotive revenues” while the rest were energy and services....
...Analysts estimate that NetEase, as the publisher of Blizzard games in China, made as much as 5 per cent of its total sales from Blizzard games before the partnership was terminated....
...Sparta, which also wants a review to look at a sale, might fare better with bidders. But there is little reason to think a deal will be struck now, after last year’s interest faltered....
...Last year, 80 per cent of exits were sales to corporate buyers ($271bn). The next most popular exit was sales to other PE firms ($62bn)....
...However, overall sales of European ETFs remained on a steady course in early 2024....
Shares drop after car sales slip in first quarter
...“My sale of shares today was a gift to myself and my family, and I do not intend to sell any further shares,” Handler said in a statement....
...But when a shadowy new cult threatens to undermine the Suns’ Triad (a Chinese crime syndicate), Charles is sent to LA to protect the “brains” behind the operation: his stew-cooking, mah-jong-playing mum...
...iPhone sales plunged 24 per cent In the first six weeks of the year, according to a Counterpoint Research report....
...Moderna generated sales of $18.4bn in 2022 from its Spikevax vaccine....
...Rising delinquencies as well as faltering retail sales growth will add to the pressure....
...When AbbVie’s record-breaking immunology drug Humira came off-patent early last year after generating more than $200bn in sales for the drugmaker over two decades, a number of cheaper copycat products, known...
...“Global EV sales continue to be under pressure as many carmakers prioritise hybrid over EVs.”...
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