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...But the fall in coronavirus infections has meant a reversal in fortunes for these Covid-19 winners, with the shares sliding on sales uncertainty and questions surrounding their future growth....
...He chairs consumer health group Haleon and was instrumental in reviving Tesco’s fortunes during his tenure after an accounting scandal in 2014....
...If TikTok is banned, it will dent Yass’s fortune, said Li Chengdong, head of internet think-tank Haitun....
...It is a stretch to imagine that robotaxis can turn the company’s fortunes around this year. Musk presided over the company’s latest quarterly earnings call with a confusing message....
...Yass’s estimated $30bn fortune is now caught up in growing geopolitical tensions between China and the US as Congress pushes ahead to potentially ban the viral video platform, the FT reports....
...The result is that the fortunes of dollar stores have been determined by which particular stratum of low-income consumer they serve....
...The flash composite purchasing managers’ index for the eurozone, tracked by policymakers as an early gauge of economic fortunes, rose to an 11-month high of 51.4 in April, up from 50.3 a month earlier....
Valuation of the companies surged during the pandemic as used-car prices soared, but have now taken different paths
...The problems buyout groups are having with selling assets are leading to a divergence in fortunes when they try to raise new money from investors....
Fading flotation fortunes
...It plans to share its good fortune with investors by launching a $7bn share buyback programme. But there is another reason why Uber might want to repurchase its own shares....
...Whether Jones can turn Bumble’s fortunes around depends in part on her plans for global expansion and bringing about “the next wave of innovation”....
...He has spent years tying the company’s fortunes to China and built a supply chain that is heavily dependent on factories in Shenzhen and Zhengzhou — although the company is now trying to diversify manufacturing...
...Bernard Arnault, chief executive of luxury goods brand LVMH, is second on the list with a personal fortune of $201bn, according to Forbes....
...While the GIP top brass crystallise their billion-dollar fortunes, the economics are trickier for mid-level executives. They will not play a large part in the liquidity event....
Chinese video app hopes investment in Jakarta-listed unit will revive its fortunes after ban in its biggest market
...One big winner was the Newhouse family, who through Advance Magazine Publishers Inc own Condé Nast, which bought Reddit in 2006 for $10mn before spinning it out in 2011....
...Turner, angered by the rapid loss of his fortune as the stock tanked, openly attacked Levin in a board meeting. Then, after less than two years, Levin said he had enough....
...Over the upcoming earnings season, investors will be closely monitoring divergent fortunes among the companies, to see signs of which group is moving fastest to profit from the AI boom....
...Rybolovlev — the owner of the AS Monaco football club, who amassed a fortune worth more than $7bn through the sale of his fertiliser company — was a constant presence in the courtroom, testifying and following...
...But it is to say that what often matters most about their fortunes is what it suggests about the future of their industries as a whole....
...As podcasting has gone from boom to not-quite-bust — all this, despite growing audiences — Heavyweight’s fortunes have shifted accordingly....
...It is too soon to say what a Super Bowl berth — let alone win — could portend for the Lions’ fortunes. First, they face the San Francisco 49ers in a must-win game tomorrow....
...The auction house argued that Rybolovlev, who has amassed a fortune of about $7bn, did not take any measures to verify the provenance or the last price of the artworks he was purchasing, and said Rybolovlev...
...think about it, there has already been a way for investors to play the bitcoin rollercoaster for years: by buying, or selling, the stock of enterprise software company MicroStrategy which has hitched its fortunes...
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