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...BCG is working with global tech giants and AI companies — from Microsoft and Google to OpenAI and Anthropic — to integrate their technology into company operations and processes....
...US confectionery giant Mondelez will be fined millions of euros as early as next month for restricting sales of its products between EU member states, according to three people with direct knowledge of the...
...Price pressures also picked up, as services companies passed on higher wage costs....
...The downturn in the eurozone’s struggling economy is easing, according to a closely tracked business survey, which found a stabilisation of activity at services companies offset a steep decline in manufacturing...
...However, consumers remained cautious at the start of this year, after retail sales fell 0.4 per cent in January from the previous month....
...And these companies now face an existential crisis. If we look at just the EV market in China alone, 45 per cent or thereabouts of new car sales are sold out by BYD and Tesla....
...Sales of higher-margin combustion engine vehicles help with cash flows while the legacy European companies invest in electric models. The question is how long the breathing space will last....
...Sparta, which also wants a review to look at a sale, might fare better with bidders. But there is little reason to think a deal will be struck now, after last year’s interest faltered....
...Sales of battery electric and plug-in hybrid cars could rise more than 20 per cent to reach 17mn this year, up from just under 14mn in 2023, and grow to account for as much as two-thirds of global sales...
...The German economy contracted 0.4 per cent in the third quarter compared with the same period a year earlier after sharp falls in retail sales, exports and industrial production....
...But the company was ultimately unable to get permission to operate locally....
...The gloomy outlook for the eurozone economy was underlined by the Ifo Institute’s closely watched survey of German companies....
...Consumers also reined in their spending in the run-up to Christmas with retail sales in the eurozone falling 0.3 per cent in November from a month earlier, confounding economists’ expectations for a rebound...
...However, companies still reported their selling prices rose at a faster pace, pointing to persistent inflation....
...part-time workers and generating about €50bn of annual sales....
...Additional reporting by Martin Arnold in Frankfurt...
...He was selected as the receiver in charge of a group suit brought over the collapse of a condominium block in Miami, Florida, in June 2021 that killed 98 people, co-ordinating the sale of the land and property...
...It is a stretch to imagine that robotaxis can turn the company’s fortunes around this year. Musk presided over the company’s latest quarterly earnings call with a confusing message....
...Lululemon’s sales in mainland China were up 60 per cent year on year in the latest quarter on a constant currency basis, and now make up nearly a tenth of total sales....
...Rybolovlev — the owner of the AS Monaco football club, who amassed a fortune worth more than $7bn through the sale of his fertiliser company — was a constant presence in the courtroom, testifying and following...
...“My sale of shares today was a gift to myself and my family, and I do not intend to sell any further shares,” Handler said in a statement....
...Moderna generated sales of $18.4bn in 2022 from its Spikevax vaccine....
...The Technoking is the reason Tesla remains the most distinctive car company in the world....
...In the year to February, it generated net sales of $1.7bn and pre-tax profit of $131.6mn....
...David Ellison, who runs Skydance, has 30 days to reach a deal with the company controlled by Shari Redstone’s National Amusements (NAI), her family’s privately owned cinema group that holds 77 per cent of...
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