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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....
...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...
...The Knoxville-based company is the largest business of its kind in America with more than 750 locations in the US and Canada and 30,000 employees....
...By shifting its mix of businesses to services, Apple has kept margins expanding even as sales dip....
...Talks of a sale should come as no surprise. Under boss Jeff Harmening, General Mills has been looking to filter out underperforming assets. But hoisting the “for sale” sign may be the easy part....
...Interest in House of Flame and Shadow has also pushed up sales of Maas’s back catalogue....
...Sales of battery electric vehicles (BEV) in Europe dropped 11.3 per cent year on year in March, the second fall in four months, according to figures this month. The timing of Easter played a part....
...In the first half of April, sales of pure EVs and plug-in hybrids crept above half of new car sales in China for the first time, highlighting the decline of the industry producing cars with internal combustion...
...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....
...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 number of female wine buyers at Sotheby’s peaked in 2022 when the pandemic was accelerating the growth of sales online, a development that Sutcliffe suggests allowed buyers to “research in privacy and...
...This month, a consortium of global telecoms standards organisations declared plans to work on a sixth generation of superfast wireless cellular communications specifications....
...Sales of higher-margin discretionary items like home decor were down 12 per cent....
...Profitability soared even as its sales volumes declined sharply. Now sales are rising. In the recently completed first quarter, units sold rose 16 per cent. Shares rallied by a third in response....
...The US biotech group will also benefit from a double-digit percentage of royalties from the sales of its Covid jab as well as any combined shot using its technology, but the French company will take the...
...hire a top investment bank to help consider a sale of all or part of the business....
...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....
...The $26bn value of Apollo’s takeover offer included debt....
...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....
...Revenue of $2.14bn beat analyst forecasts for $2.06bn. Earnings were fuelled by sales growth helped by the timing of Easter, which occurred on March 31, as well as “cost discipline”, it said....
...The company has also been hit by a global slowdown in EV sales growth and cut thousands of jobs. Tesla did not respond to a request for comment....
...PMI says it has invested $12.5bn in smoke-free products since 2008, and that these products made up 36 per cent of its sales last year....
...For airlines, demand for international cargo and flights is starting to recover, with the weak yen further boosting profits for sales made in foreign currencies....
...EVs are still more expensive to make than petrol cars, partly because of the high cost of minerals required for their batteries....
...iPhone sales plunged 24 per cent In the first six weeks of the year, according to a Counterpoint Research report....
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