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Probe finds snack maker tried to prevent products moving between countries so consumers could get lower prices
...The push came as ByteDance was moving towards a blockbuster initial public offering, seeking to impress investors with TikTok’s explosive growth....
...In the attempt to appeal to as wide an audience as possible, too many title characters are becoming homogenised....
...Microsoft’s $13bn partnership with OpenAI, which has given it access to the much-hyped ChatGPT model, has been a blow to Google and has driven its rival to become the most valuable listed company in the world...
...For the past two months, the S&P 500 has traded about 15 per cent above its 52-week moving average....
...Such instant messaging has even been credited with lowering noise in open-plan offices by moving incidental chatter online....
...Industry-wide ASK has shrunk 5.6 per cent over the same period as many carriers retrenched during the pandemic, according to the International Air Transport Association....
...Bob Iger defeats Nelson Peltz by wide margin in Walt Disney board clash The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino....
...“Wide fiscal deficits and rising government debt in recent years have eroded fiscal buffers from a ratings perspective,” it added. China’s finance ministry hit back at the downgrade....
...TMTG replied: “Citadel Securities, a corporate behemoth that has been fined and censured for an incredibly wide range of offenses including issues related to naked short selling, and is world famous for...
...World-beating US growth, somewhat stubborn inflation and central bankers emphasising patience have meant rate-cut expectations are being curtailed....
...As high rates persist, more customers are moving their money out of low-interest rate checking and savings accounts and into higher-yielding products like certificates of deposit, Treasuries and money market...
...However, rather than this being symptomatic of a broad rise in New World enthusiasm for Old World stocks, the evidence again pointed to model portfolio rebalancing....
...The group is also moving into an increasingly competitive market....
...Davie on Tuesday said it was necessary to “ask fundamental questions about the longevity [of the licence fee] in a world that is now full of choice”, as he outlined a wide-ranging plan for ensuring sustained...
...Gig economy companies meanwhile have resisted EU-wide regulation imposed on them from Brussels since they fear the rules will bring them higher costs, such as paying extra for healthcare coverage....
...The full effect is localised in a so-called “path of totality”, which is less than 200km wide this time....
...His success is part of a clear Europe-wide pattern. Political groups that were once dismissed as fringe far-right parties are gaining popularity — and in some places power....
...Meanwhile, the Belgians have activated an EU crisis response mechanism over concerns about disinformation ahead of bloc-wide elections in June....
...But the dispersion of their returns has been very wide, as this chart shows: Amazon has barely outperformed the S&P 500, Nvidia has gone absolutely bananas, and the rest have covered the range in-between...
...Their Asian rivals, meanwhile, opt for expansion through mergers and provide a wide range of equipment for battery production....
...Deglobalisation seems to be moving up a gear. The US House of Representatives last week passed a bill that would in effect ban TikTok in America unless its Chinese owner sells the video-sharing app....
...BlackRock’s bitcoin exchange-traded funded has reached $10bn faster than any US ETF in history, fuelled by a rally that continues to send the world’s largest cryptocurrency to record heights....
...Among rightwing media, Fox News still leads by a wide margin....
...China, the world’s largest emitter of the gas, pledged last year to track and reduce emissions from methane but remains outside the pact, as do Russia and India, also among the world’s top emitters....
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