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...A jump in sales at BCG’s AI division also partly offset a slowdown in other parts of the business last year amid a tougher economic backdrop....
...The Danish group almost doubled its sales of lab-grown diamonds in the first quarter, increasing revenue by 87 per cent to DKr63mn ($9mn)....
...At T Rowe Price, specialists wore “a lot of different hats”, which included regularly engaging with divisional sales managers across teams and assisting in sales calls, Coyne said....
...By shifting its mix of businesses to services, Apple has kept margins expanding even as sales dip....
...Universal Music, which distributes Swift’s music and receives a percentage of her album sales, reported €1.3bn in net income on €11.1bn in revenue last year....
...Last year, the beer group was hit by overstocking and economic weakness in Vietnam, as well as the impact of stricter drink-driving rules....
...is under way,” said Alex Kerr, economist at research company Capital Economics....
...The acceleration in sales at Amazon Web Services, a critical profit driver for the ecommerce group, came as businesses spent more on cloud computing services, including new generative AI tools....
...Universal Music Group has ended its months-long boycott of TikTok, returning music from some of the world’s top artists to the billion-plus users on the Chinese-owned social media platform....
...The brewing group’s total volumes declined by 0.6 per cent, compared to an expected 1 per cent drop, while revenues rose 2.6 per cent in the three months to April....
...Palantir — known for its ties to government defence and security departments — said its commercial sales outpaced its government revenue in the first quarter and made up 47 per cent of group sales....
...Net income at the state-owned group was $27.3bn, down from $31.9bn a year ago. It blamed lower volumes of crude oil sales and weakening refining and chemicals margins....
...Hamas said on Wednesday that three sons of Ismail Haniyeh, the Palestinian militant group’s political leader, had been killed in an Israeli air strike in Gaza....
...Luxury group Tapestry trimmed its full-year revenue outlook on Thursday as it contends with weak demand in North America and China....
...French luxury group Kering failed to arrest a slide in sales in the fourth quarter, underlining the pressure on the company to revive the fortunes of its flagship Gucci brand....
...Soaring sales of Eli Lilly’s hugely popular diabetes and weight loss drugs Mounjaro and Zepbound prompted the US pharmaceutical group to lift its guidance for the year and pushed its share price towards...
...The group, often seen as a bellwether of how British consumers are doing, reiterated an earlier forecast for pre-tax profits of £960mn this year on a 2.5 per cent increase in full-price sales....
...Sales at Amazon Web Services, a critical profit driver for the ecommerce giant, rose 17 per cent to $25bn, ahead of analyst forecasts for $24.5bn....
...UK food-to-go retailer Greggs said it was on track to double sales by 2026 as the Newcastle-based group expects to open up to 160 new shops this year after adding 145 in 2023....
...Data analytics group Palantir lifted its full-year outlook after a forecast-beating first quarter, although not by as much as Wall Street expected....
...its financial services division....
...Private equity groups Advent International and Carlyle ended up pulling their bids for the business when it was first put up for sale, partly because they were not prepared to shoulder the responsibility...
...Demand for Microsoft’s AI services boosted sales by 7 percentage points during the quarter, up from 6 in the previous quarter and 3 in the one before that....
...Apple’s revenue fell 4 per cent in the first three months of 2024, narrowly beating analysts’ expectations for a bigger decline, as sales in China continued to slow....
...Shares of cyber security group Cloudflare slid 14 per cent in extended trade after its sales outlook for the current quarter disappointed investors....
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