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...In the 12 months to June 2023, revenues at the division rose 8 per cent to about £635mn....
...The chancellor’s decision to end a policy of letting local authorities keep 100 per cent of the revenues from sales of council homes was taken as part of the deliberations for his Budget on Wednesday....
...His assertion comes off the back of the group’s annual 2023 earnings on Thursday, where net revenues were up 17 per cent to €4.7bn compared with the previous year, fuelled by a sharp surge in Miu Miu sales...
...The bank faced the wrath of thousands of customers and Germany’s financial watchdog BaFin as clients of its domestic retail division were locked out of their accounts for weeks, causing helplines to be overwhelmed...
...LinkSquares specialises in AI software for companies’ legal departments. Ranked 43rd in the FT-Statista table, it reported revenue of $24mn in 2022, up from $2mn in 2019....
...Part of the “daily fight” is building Hermès’ reputation as a watchmaker, says Dordet, who has led the watch division since 2015 but has been with the company in other departments since 1995....
...By contrast, concert promotion, by far Live Nation’s biggest division with 82 per cent of group revenue, pulled in only 17 per cent of total AOI....
...Parent company LVMH reported a record year of sales in 2023 as it reached €86.2bn in annual revenues....
...Under Buchbauer, the group has phased out collections, such as Swarovski Atelier, the home decor and jewellery line run by his cousin Nadja Swarovski, and shut the professional division that supplied crystal...
...The US Department of Justice on Friday unsealed court documents accusing individuals from Iran, Turkey, China and Oman of operating a global network to illicitly sell Iranian oil to government-linked buyers...
...Part of this will involve the creation of a department tasked with developing the view outlined above and ensuring that the spending of departments fits within the agreed overall direction....
...Its jewellery divisions posted double-digit growth in the fourth quarter, while its eyewear division was a bright spot, hitting a new record of €1.5bn in sales for the year....
...Historically, the commercial aviation division generates the most revenue of Boeing’s three businesses, though the defence business eclipsed it during the depths of the Max and Covid-19 crises....
...Between 2019 and 2022, sales from department stores’ private labels increased from 9 per cent to 16 per cent of turnover, according to the International Association of Department Stores....
...The latest accounts show 11 per cent of British Library revenue in 2022-23 came from commercial operations and 9 per cent from donors....
...Guiony also points to Sephora’s product offering, which spans the more affordable range of Sephora Collection to brands such as Chanel and Clarins, where face creams can sell for upwards of €50, as well...
...It sold more than 100mn tonnes of metals and bulk commodities, including coal. Its revenues of $244bn exceeded those of British oil major BP....
...The $9.2bn loan is the single largest investment in the two-decade history of the Loan Programs Office, a formerly obscure division of the energy department’s office that was given extra lending authorities...
...The latest ZM 11 collection of time-and-date watches takes up an ambitious position....
...for securing lucrative contracts, and kickback for themselves,” said Jim Lee, chief of the Internal Revenue Service’s criminal investigation division....
...When Apple considered giving users of its Safari browser a choice of search defaults, an email from Google warned: “No default — no revenue share.”...
...Some 382 investors bought a stake in Mage, the Kentucky Derby winner, through the Commonwealth sports investment app — thoroughbred ownership goes for as little as $50....
...But Tim Cook reported an “all-time revenue record in services” which includes the App Store, iCloud, Apple Pay and Apple TV. Sales at the division rose 11 per cent to $23.1bn....
...The UK is upgrading its main battle tank — but only aims to have 148 of the new Challenger 3s. A recent parliamentary report speculated about whether the UK could even deploy a heavy division....
...Goldman Sachs is planning to increase bonuses in its trading business despite revenues in the division falling this year, according to people familiar with the matter....
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