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...BCG’s total revenues climbed just 5 per cent in 2023 to $12.3bn, the firm’s weakest growth in at least seven years....
...Inflation has fallen from a high of 11.1 per cent in the UK to 4 per cent, and from 9.1 per cent to 3.2 per cent in the US....
...The flash composite purchasing managers’ index for the eurozone, tracked by policymakers as an early gauge of economic fortunes, rose to an 11-month high of 51.4 in April, up from 50.3 a month earlier....
...Chinese carmakers’ product costs are €3,500-€5,000 per unit cheaper than European counterparts, says Fabian Brandt of Oliver Wyman....
...In a $100 purchase, for example, a shop might pay 2.5 per cent — or $2.50 — in fees to accept a credit card payment....
...Rival Lowe’s reported an even steeper 11 per cent drop in annual sales. Wooing professional contractors and tradespeople makes sense....
...On the Toronto Stock Exchange, Teck Resources gained 7.9 per cent and First Quantum added 10.5 per cent, their biggest increases since October and January, respectively....
...Earnings before interest taxes depreciation and amortisation rose 11.7 per cent to $5.5bn....
...Based on Tesla’s closing price on Friday, 11 per cent of 267mn shares comes out to roughly 29mn shares, which would be worth $5.9bn....
...Payouts for UK partners at Grant Thornton rose by 11 per cent to an average of £644,000 last year despite a slowdown in growth at the mid-tier accounting firm....
...Its decline comes as outflows from the 11 new bitcoin exchange traded funds hit nearly $500mn in the last two days, according to data compiled by CoinShares, an asset management group....
...11, ahead of Lei Tingjie (China) 7, Aleksandra Goryachkina and Kateryna Lagno (both Russia) and Koneru Humpy (India) 5.5....
...But investors have been leaving the fund and its 1.5 per cent management fee now that they can more efficiently transfer their holdings to lower-cost alternatives, some of which have waived their fees entirely...
...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....
...The company’s stock price is down more than 5 per cent in 2024, after a strong fourth quarter during which time it rose more than 25 per cent....
...GymGroup, with 233 sites and 850,000 members, reckons to be on track for revenues growth of 4-5 per cent this year, after an 18 per cent jump last year....
...Ithaca is buying the Italian energy major’s interests in 11 fields....
...At its intraday Friday high of 37,285, the index came within a 5 per cent move of the December 1989 all-time high of 38,915....
...It accounted for 11.8 per cent of UPS revenue in 2023, down from 13.3 per cent in 2020. That figure can only fall. Amazon reportedly delivered 5.9bn US packages last year....
...Five US carriers have raised bag fees by $5 in the past two months, starting with Alaska Airlines and JetBlue Airways in January and February, then American Airlines, United Airlines and Delta in a two-week...
...Renesas shares on the other hand fell as much as 5 per cent and closed down 2.5 per cent, in stark contrast to a nearly 30 per cent jump in Altium shares....
...company Reckitt, Paris-based Gucci owner Kering and Dutch maker of water processing equipment for semiconductor manufacturers ASM International: Reckitt: Shares in the health products maker advanced 4.5...
...Revenues at the Chicago-based exchange group reached $5.6bn in 2023, up 11 per cent compared with the year before. Its net income hit $3.2bn, a 20 per cent rise versus 2022....
...The exchange said only 11.5 per cent of companies on its Standard section — which has lower listing requirements than the Prime section — had disclosed plans....
...We est. that Citi’s market value implies an ROTCE of only about 5-6%, or about half Citi’s target of 11-12% in 2025E-2026E. (c) 1 LOB (“Services”) = almost all of Citi’s market cap....
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