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...It has a capacity exceeding 18mn tonnes a year and is due to begin producing LNG in the first half of 2025. Exxon is also pursuing LNG projects in Papua New Guinea and Mozambique....
Decision comes as advertising industry faces existential threats from generative artificial intelligence
...Cloudflare shares have risen about 7 per cent this year. first-quarter results released on Thursday showed 30 per cent revenue growth of $378.6mn and a net loss of $35.5mn, exceeding analysts’ expectations...
...The UK’s blue-chip index was down 1.9 per cent by mid-afternoon on Tuesday, exceeding the 1.6 per cent declines of its peers in France and Germany. The mid-cap FTSE 250 fell 1.7 per cent....
...The Office for Budget Responsibility forecast in March that the UK would expand 0.8 per cent this year and by 1.9 per cent in 2025, exceeding the IMF’s new 1.5 per cent prediction....
...The yen fell past ¥154 to the dollar for the first time since 1990, exceeding levels that some analysts have warned could draw direct intervention from Japan....
...Earnings per share were $1.89, up from $1.17 last year and exceeding the average $1.53 estimate....
...China’s gross domestic product grew 5.3 per cent in the first quarter against a year earlier, exceeding market expectations as Beijing tries to steer a manufacturing-led revival of the world’s second-largest...
...The fast-casual chain reported net income of $359mn on revenues of $2.7bn, matching expectations for sales and exceeding analysts’ profit forecasts by about 12 per cent....
...Demand from investors is exceeding the size of the deal, according to those working on it, with the company aiming to sell up to €3bn of shares.A strong listing for Puig would build momentum in Europe’s...
...Glass Lewis said: “The company has notched its second consecutive year with a significant disconnect between pay and performance, driven, at least in part, by compensation levels exceeding the median of...
...France’s Thales has reported an 11 per cent jump in annual operating profit to €2.1bn, exceeding the level seen before the pandemic for the first time since 2019 as it benefits from a recovery in civil aviation...
...The Bundesbank warned it expected to make another “significant” loss this year, exceeding the €700mn of remaining reserves....
...He sits on a stake exceeding $5bn, making him one of Europe’s wealthiest executives....
...Japan’s stock market has climbed past its all-time closing high, exceeding the record level struck during the country’s late-1980s asset bubble after a 34-year wait....
...Data from Eurostat showed industrial production on an annual basis rose 1.2 per cent in December — exceeding the 4.1 per cent fall predicted by economists — in part due to a 45 per cent annual increase in...
...The deal cements gains exceeding $1.5bn for each of the two groups, according to calculations by the Financial Times. Both first invested in 2016 and added more funds during the Covid-19 pandemic....
...Consumer price inflation in the UK rose to 4 per cent in December from 3.9 per cent the month before, but that left the rate far below the levels exceeding 10 per cent that it reached a year earlier....
...In another blow, Glass Lewis raised concerns over the board’s plan to be able to issue shares of up to 50 per cent of the company’s share capital — exceeding the 33 per cent cap set by the industry body,...
...With annual sales exceeding 3mn cars, BYD’s volume allows it to cut prices while maintaining profitability, a feat given that most battery EV-only manufacturers are loss making....
...Inflation is notoriously difficult to forecast, with absolute errors (relative to consensus) on one- and two-year ahead consensus inflation forecasts regularly exceeding 0.4pp....
...Roland Rechtsteiner, a partner at McKinsey and one of the authors of the widely read annual study, estimated that earnings before interest and tax across the sector reached $104bn in 2024, exceeding the...
...Last year, more than 183,000 panels were installed across the country, exceeding the total for 2022 by one-third, according to MCS, a renewable energy certification scheme....
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