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...Statistically Hong Kong’s economy has been much more correlated with the US than with China, as its growth trajectory almost hugs that of the US, up 2.3 times in 30 years versus America’s 2.1 times....
...AO World raised its annual pre-tax profit guidance for 2023 to a range of £28mn to £33mn in November, after pivoting to a £13.2mn pre-tax profit for the six months to 30 September on the back of the elimination...
...Last year, the country accounted for 13.7 per cent of EU oil imports and 30.3 per cent of its gas imports, which gave it the top slot....
...Like-for-like food sales increased 9.9 per cent to £2.3bn in the 13 weeks to December 30, ahead of the 6.6 per cent analysts expected....
...Alstom’s shares are trading about 30 per cent lower than before the October warning, near their historic lows, to close at €14.13 on Thursday....
...The firm implemented an alert that would notify when such products were held more than 30 days, but the firms “almost immediately deactivated this alert after it resulted in over 2,000 hits per day”....
...The property is also around a 30-minute drive from the Dedham Vale Area of Outstanding Natural Beauty....
...Earnings per share reached $1.89, up from $1.17 last year and exceeding the average $1.53 estimate....
...“Trump 2 will be different from Trump 1,” Letta warned. “The single market of the beginning was for a small world, now we need a single market with teeth for a big world.”...
...Due Diligence (33.5 points) 13 (tied). Ka-Powell (32.5 points) 13 (tied). Stragglers Beta (32.5 points) 15 (tied)....
...Twelve mainly Mexican companies participated in the industrial park auctions, with 30 bids across five sites....
...His passion was not enough to pep up a disappointing sale, which came in below its £1.6mn-£2.4mn estimate with a total £1mn (£1.3mn with fees)....
...M&S said like-for-like food sales rose 9.9 per cent to £2.3bn in the 13 weeks to December 30, ahead of the 6.6 per cent expected....
...Join Claer Barrett and guests for a free FT FLIC webinar on The True Cost of Childcare on Fri 8 March 12.30-13.30 UK time. Register here now....
...to €8.13, at hostels and guesthouses from €1 to €2.60....
...Underlying sales growth came in at 5.2 per cent in the period, with revenue down 3.8 per cent to €15.2bn (£13.2bn) on the back of currency headwinds and consumer downtrading....
...The rules demand that domestic fund companies lower management fees on equities and equities-focused mixed-asset funds to a maximum of 1.2 per cent per year....
...The charge card company’s third-quarter earnings per share rose 30 per cent to $3.30 on revenue of $15.38bn, compared to the $2.94 EPS on revenue of $15.36bn analysts had expected....
...Net income came in below analysts’ expectations at €2.2bn, but compared with a loss the previous year after the carmaker was hit with writedowns on its Russia exit....
...at c12-13%....
...October 3 to 13; further information and tickets here Expovina Wine Fair Every year, this charming — and incredibly popular — wine fair is held on 12 boats on Lake Zürich....
...Its all-in sustaining cost for the first half was $1,287 (£1,025.03) an oz, flat compared with the year before. Guidance for the full year has been tightened to $1,325-$1,350 an oz from just $1,350....
...Rome will offer as much as €13,750 to low-income families that exchange Euro 2 cars — which are more than 20 years old — for EVs, according to a concept note seen by the Financial Times....
...Israel’s government is forecasting a budget deficit of 6.6 per cent of gross domestic product this year, and predicts that growth will drop from 2 per cent in 2023 to 1.6 per cent this year....
...The settlement is expected to cut fees on the average home sale by $5,000 to $13,000....
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