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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....
...The company makes about four-fifths of its sales in the US, where the market is highly competitive....
...industry, and was seen as an endorsement of the company’s investment in its Paramount+ streaming platform, as well as its ability to compete with deeper pocketed rivals such as Netflix, Disney and Warner Bros Discovery...
...One school of thought is that EV sales growth in Europe has, thus far, been from wealthy early adopters and corporate buyers....
...Redstone has long said Paramount was not for sale....
...Warner Bros Discovery, which produced the $190mn film alongside Legendary Entertainment, needs Dune: Part Two to perform well....
...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...
...Warner Bros Discovery shares fell 19 per cent on Wednesday for their biggest daily drop since March 2021 after the entertainment group warned investors it was “unlikely” to meet its goals for paying off...
...But ESPN’s annual cash flow is too valuable to give up in a sale or spin-off....
...When price discovery evaporates, poor capital allocation decisions are not appropriately rewarded....
...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....
...The electric racing series, which is backed by Liberty Global, Warner Bros Discovery and Saudi Arabia’s sovereign wealth fund, was selling the 12th and final spot on its grid, chief executive Jeff Dodds...
...Paramount’s shares have risen almost 40 per cent since early November as sale speculation mounted....
...Sales of higher-margin discretionary items like home decor were down 12 per cent....
...The return of music’s biggest star to the platform underscores TikTok’s importance to artists as one of the biggest drivers of music discovery and promotion....
...Disney’s ESPN, Fox and Warner Bros Discovery plan to launch a sports streaming service later this year that will aggregate the games offered by the media groups’ traditional television networks....
...The focus on robotaxis seems an attempt to draw attention away from falling sales. Inventory is piling up. Tesla has 28 days of unsold supply, up from 15 days last year....
Potential sale comes after Apollo’s $26bn offer was rebuffed
...Of Tesla’s total quarterly sales of $21.3bn, 82 per cent were indeed “automotive revenues” while the rest were energy and services....
...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....
...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....
...Last year, 80 per cent of exits were sales to corporate buyers ($271bn). The next most popular exit was sales to other PE firms ($62bn)....
...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...
...News of United’s discovery, which was first reported by the trade publication The Air Current, hit Boeing’s shares further....
...In 2022, Warner merged with media group Discovery, putting HBO under the same roof as reality television fare and giving Bloys a new boss: Discovery chief David Zaslav....
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