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...Meanwhile, hotel investment volumes in the UK last year fell 38 per cent to €2.2bn, contracting nearly 70 per cent from pre-pandemic levels....
...BCG’s total revenues climbed just 5 per cent in 2023 to $12.3bn, the firm’s weakest growth in at least seven years....
...Italian bakery company Forno D’Asolo to a rival buyout group....
...But the groups “would prefer to solve their own problems, as opposed to have politicians solve it”, he said....
...Analysts said Chinese consumers still strongly preferred natural diamonds, but some retailers were suspected of selling man-made stones advertised as mined....
...Paramount’s share price was trading below $12 before The Wall Street Journal on Wednesday reported the exclusive talks with Skydance, but closed up 15 per cent at $13.52....
...March’s reading was above the 12-month average of 2.9 per cent....
...That segment is dominated by UK-listed Gym Group and private equity owned PureGym....
...Lok’nStore reported revenue of £27.1mn for the 12 months to the end of July, up marginally from £26.9mn the year before, while its operating profit fell 22 per cent year on year to £8.9mn....
...service is betting that screening three live programmes a week will allow it to capture the large and loyal fan base for a show that helped launch the careers of Dwayne “The Rock” Johnson, John Cena and “Stone...
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...Groups such as Apple and Pfizer increasingly use contract manufacturing or merchanting arrangements to have their products made in low-cost countries, often in Asia, but they keep the intellectual property...
...Live Nation is on just 12 times. Live Nation investors might find — like Swift herself — that a break up doesn’t have to be all bad news. pan.yuk@ft.com...
...One of them is De Beers, and De Beers is part of the Anglo American mining group; also Alrosa, which is the Russian state-controlled or at least -owned Russian diamondmaker....
...Dev Shetty, chief executive of Fura Gems, a private Dubai-based gemstone mining group, estimates the coloured gemstone market will hit $5bn by 2030, up from $2bn in 2012....
...That worked out to nearly 12 per cent of group total. On a profit level, the card deal carries even more weight....
...UPS in July reached a pay deal with the Teamsters, which represents 340,000 of its employees, that resulted in a 12.1 per cent increase in union wage rates....
...It tested the blood of 55 people who were experiencing symptoms — predominantly fatigue — at least five months after contracting Covid-19....
...Tesla shares fell 12 per cent in New York on Thursday after warning that sales growth would be “notably lower” this year because of flagging demand, intensifying competition and persistent high interest...
...The group would collectively become BlackRock’s second-largest shareholder....
...But given the transformative nature of the treatment for a disease with a poor prognosis, the high list price has not held back sales for the pharma group....
...BlackRock is also paying most of the $12.5bn purchase price in stock, handing GIP’s six founders 7mn shares now and 5mn more in five years....
...BlackRock chief executive Larry Fink said Friday’s deal was “transformational” for the larger group’s ambitions in private markets....
...group battled increased competition, including from the recent arrival of Huawei in the car market....
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