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...My point is more general....
...India, which last year overtook China to become the world’s most populous country with 1.4bn people, is expected to have grown 7.5 per cent in the fiscal year to March, up from 7 per cent a year earlier....
...Caixin’s China general manufacturing purchasing managers’ index rose to 50.7, indicating a month-on-month increase in activity and well above the 49.3 forecast by a Reuters poll of analysts....
...McKinsey declined to comment on its contracting or subcontracting work, but confirmed it had negotiated a new schedule contract....
...A technical recession is defined as two consecutive quarters of contracting GDP....
...But for now he is saddled with a record that saw a contracting economy in the second part of 2023 in spite of the fact that Britain’s GDP was given a boost by a growing population....
...However, GSK’s general counsel James Ford points out that the remaining part of the company also needed a reinvention....
...Cruise, the self-driving car subsidiary of General Motors, targeted annual revenues of $1bn by 2025. Last year, the business reported sales of just $102mn amid a $3.4bn loss....
...So, we are in a general equity rally, not a US big cap tech rally. Does the distinction matter?...
...The vote will take place at company’s May 15 annual general meeting....
...Botín’s total pay rose 4.3 per cent last year, with her €12.2mn package made up of €7.4mn in cash and €4.8mn in gross profit on shares and other special payments....
...However, this quarter will also be one week shorter, hitting revenue by 7 per cent....
...The deal helped Sistani and her team increase full-year subscriber numbers for the first time in three years to 3.8mn, up 7 per cent from 2022....
...UK business activity grew marginally in November, easing fears of the economy contracting in the last three months of the year....
...Replacing him is Gil West, a former chief operating officer of Delta Air Lines and General Motors’ Cruise self-driving car unit....
...Contracting other companies for hardware or services is a last resort, so much so that an executive once told car reviewers the company made everything on the vehicle “except the tyres and the windscreen...
...to 7.1 per cent in the last month of the year....
...A version of this article was first published by Nikkei Asia on March 11. ©2024 Nikkei Inc. All rights reserved....
...Yield was hard to find and cash was abundant, so borrowers’ lawyers were able to take the offensive, as a general rule....
...The five traded at about 7 times forward earnings in mid 2020. Today they fetch an average of 12 times....
...Revenue was up 7 per cent year on year to $4.6bn and operating margins ticked up slightly to 41.6 per cent....
...EVs made up 7.6 per cent of the domestic car market, up from 5.9 per cent in 2022....
...While sales are still rising worldwide, battery vehicles’ share of the market rose 2.8 percentage points to 15.8 per cent last year, compared with a 4.7 percentage point rise during 2022, according to data...
...Fast-food chain McDonald's followed with 5.7 per cent, and candy maker Hershey’s accounted for 4.2 per cent....
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