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...The central government purchasing office this month also said limited purchases of Intel- and AMD-powered computers could continue, provided departments “comply with relevant management procedures”....
...All these factors are helping inflation come down earlier than central banks expected only last year....
...He added that Lemonade remained subscale and needed to grow for its digital operating model to demonstrate its full value....
...And it is a policy approach that is to likely to be superior to others as central banks tackle an operating environment that is particularly fluid economically and politically at domestic and global levels...
...Macy’s central problem remains the same as 10 years ago: the products it sells and the environments in which it sells them fail to appeal, in particular, to younger consumers....
...World-beating US growth, somewhat stubborn inflation and central bankers emphasising patience have meant rate-cut expectations are being curtailed....
...Adjusted operating margin was negative last year, compared with Dollar Tree’s 13.7 per cent. But arch-rival Dollar General is struggling too....
...The commission said it was looking at whether Apple was meeting its obligations to allow users “to easily uninstall any software applications” on its iOS operating systems and change default settings, browsers...
...Sweden’s central bank announces its latest monetary policy decision....
...The Fed takes stock of QT Quantitative tightening — the shrinking of central bank balance sheets — is badly understood....
...It points to the high price of smartphones, the grip Apple has over app distribution and lack of access it provides to the iPhone operating system....
...Polish central bank chief Adam Glapiński told the FT he was seeking a truce with Prime Minister Donald Tusk after an increasingly bitter feud....
...The companies, which employ about 4,000 people, will continue operating in insolvency, while culture minister Bartłomiej Sienkiewicz said on social media platform X on Wednesday that “the state of liquidation...
...All it took was 15 years for ride-hailing company Uber to report its first annual operating profit. Delayed gratification has been rewarded. For years, Uber shares traded below their listing price....
...Netflix’s operating margin dropped sharply from 21 per cent to 18 per cent. The company’s market cap traded below Disney’s. By focusing on operating margins, Netflix has staged a comeback....
...Analysts at Citi put operating margins at least 60 per cent; they reckon ad sales generated about 7.5 per cent of Walmart’s total operating income last year and could account for 8.6 per cent this year....
...Operating profit in 2023 was $1.1bn, compared with a $1.8bn loss in 2022, with fourth-quarter operating income of $652mn comfortably beating forecasts....
...The recognition of failure by central bank governors (“Central banks rethink forecasting after failures”, Report, December 29) strikes one as acknowledgment of technical error in mitigation of more egregious...
...On monetary policy, the central bank’s ability to lower rates clashes with the competing goal of currency stability, since aggressive rate cuts would weaken the renminbi....
...These are “superapps” that enfold many different services and would make the App Store less central, and cloud gaming services that can rely on less powerful handsets, weakening the need for an iPhone....
...Still, putting a stop to the car may not result in a dramatic reduction in operating expenses. The team is reportedly moving to artificial intelligence, another expensive endeavour....
Residents reject carmaker’s proposals to increase production capacity at gigafactory next to Berlin
...That compares with a Won1.9tn operating loss in the fourth quarter of 2022, and a Won1.8tn operating loss in the third quarter of 2023, illustrating the global memory sector’s recovery after a year-long...
...Let’s put aside the fact that Google’s Android mobile operating system controls 70 per cent of the market worldwide (and 40 per cent in the US)....
...The agreement “dramatically expands the reach of WWE and brings weekly live appointment viewing to Netflix”, said Mark Shapiro, president and chief operating officer of WWE owner TKO....
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