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Travel & leisure industry
Spain supplants UK as top hotel investment destination amid buoyant demand
...Interest rate volatility because of inflation made investors nervous in dealmaking, as properties were held back from being put on sale pending more stability....
April 14, 2024
Google LLC
Google considers charging for AI-powered search in big change to business model
...It has offered access to SGE to only a select few users, including some subscribers to its Google One bundle that offers benefits such as extra cloud storage for a monthly fee....
April 3, 2024
FT Live
Future of the Car
The technology and new business models shaping the next decade in automotive
Tuesday, 7 MaySancroft, Paternoster Square, London EC4M 7DQ, UK
Tesla Inc
Tesla to cut 10% of global workforce
...The pressure is especially high in China, the world’s biggest auto market and the US EV maker’s second-largest market by sales, where competition between local EV makers and foreign carmakers is heating...
April 15, 2024
BYD Co Ltd
BYD misses profit forecasts as Huawei challenge emerges
...Elon Musk’s decision to lower the price of Tesla vehicles in China in late 2022 sparked savage price cuts across the auto industry, leading to squeezed margins for both legacy multinational auto groups in...
March 26, 2024
Tesla Inc
Tesla and BYD sales fall as concerns mount over electric shift
...Tesla’s sales figures also “suggested a sharp deterioration in growth” in the US, said Tom Narayan, an auto analyst at RBC Capital Market, while the Model Y and 3, which account for more than 90 per cent...
April 2, 2024
Tesla Inc
Tesla’s Q1 is going to be a wreck. Will anyone care?
...It was something tenable on the horizon, so was a reason to look past the current EV sales slump....
April 17, 2024
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
UK politics
Senior UK MPs raise concerns over TikTok’s ownership
...China has powers to block the export of ByteDance’s algorithms that power TikTok and Beijing’s commerce ministry said last year it would “firmly oppose” a forced sale by ByteDance....
March 21, 2024
Due Diligence
Is private equity’s $3tn problem starting to ease? Premium content
...Your default choice would typically be to run a “dual track” process exploring a public listing alongside a sale — and then select whichever exit path will maximise your financial return....
March 12, 2024
BYD Co Ltd
BYD loses EV throne to Tesla as sales slip
...Analysts said the ongoing price war in China’s auto market could lead to a vicious cycle. “In the case of China, when the price is lower, people think, ‘wait a minute....
April 2, 2024
The FT ViewThe editorial board
The electric vehicle revolution is running out of steam
...The lull in EV sales is having a damaging impact on the auto industry....
April 10, 2024
XPeng, Inc
China’s Xpeng to boost spending to survive ‘bloody sea’ of EV competition
...The slowing pace of sales growth has fuelled expectations among auto executives for a wave of consolidation that will leave only a handful of companies in the world’s largest car market....
February 19, 2024
Lex PopuliPersonal Finance
Athleisure shares appear out of shape
...One is the proliferation of gyms across UK cities. Wimbledonites now refer to their leafy borough as “Gymbledon”....
March 29, 2024
Unhedged
Where Tesla departs from the Mag 7 Premium content
...Yet sales, the same data set predicts, will lag even further behind. EV interest last year resulted in sales of 9.5mn vehicles, but the figure is only expected to be 9.8mn this year....
April 3, 2024
News in-depthAutomobiles
Zombie car factories on the rise in China as buyers opt for EVs
...Growth, VW believes, will mostly come from the hundreds of smaller Chinese cities that usually have a population of 3mn or below....
March 14, 2024
The Art Market
Sotheby’s set to make record for Surrealist Leonora Carrington
...Carrington died in Mexico City in 2011....
April 18, 2024
FT Live
Building an AI-First Organisation
How can business leaders use AI to drive value?
Thursday, 25 AprilHôtel Lutetia, Paris, France
News in-depthNIO, Inc
Inside Nio: Electric car group’s boss William Li and his fight for survival
...He is effectively China’s Elon . . . if we are looking at branding, looking at bold moves,” said Tu Le, founder of Beijing-based advisory company Sino Auto Insights....
December 29, 2023
Inside BusinessJune Yoon
BYD’s $230,000 electric sports car signals plan to take on VW and Toyota
...Less than two years into entering Thailand, the region’s second-biggest auto market, BYD holds the position as the biggest EV maker and the third-largest automaker for the overall passenger car market, according...
March 5, 2024
FT Globetrotter
New York uncorked: Manhattan’s coolest wine stores
...Since then, the store has doubled in size and now has about 1,130 labels for sale....
March 26, 2024
Rivian Automotive, Inc.
Electric-truck maker Rivian projects no production growth in 2024
...Sales grew by 55 per cent between January 2022 and January 2023....
February 21, 2024
Driverless vehicles
China challenges the west for driverless car supremacy
...Tu Le, founder of Sino Auto Insights, said the US still led China in several of the technologies underpinning key areas of autonomous driving including machine learning and sensors....
January 31, 2024
Apple Inc
Apple resumes US sales of Watch as court order puts ban on hold
...The watches will initially be available at select physical stores, with wider availability by December 30, Apple said. Masimo declined to comment....
December 27, 2023
Transcript
A historic auto workers strike
...But, you know, the major player in electric vehicles, Tesla, which has most of the sales, extremely anti-union....
September 18, 2023
The Art Market
Marlborough Gallery to close as tougher times bite
...The remaining third passed down the family, which — no longer attached to Kansas City — is selling its portion....
April 4, 2024
Special ReportFTfm: Exchange Traded Funds
Financial advisers seek guidance on recommending bitcoin ETFs
...Already, several of the major broker-dealers have approved bitcoin ETFs for sale on their platforms — although Vanguard has, notably, declined to offer any of the products....
March 25, 2024
Elaine Moore
Chat apps have conquered office life — is that a good thing?
...Sales growth has fallen. In the last quarter, it was 16 per cent, down from 33 per cent the previous year. The co-founders have left....
March 15, 2024

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