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...Revenues rose more than 20 per cent to $804mn last year. However, the company has yet to report an annual profit. It recorded a net loss of almost $91mn in 2023....
...Companies remain reluctant to make major acquisitions after interest rates and debt costs rose rapidly, and with high levels of geopolitical tension from wars in Ukraine and the Middle East....
...Enjoy your weekend, Elaine MooreDeputy head of Lex...
...Capex at Microsoft similarly rose during the quarter to $14bn from $11.5bn a year earlier....
...Ad revenue on YouTube also rose 21 per cent to $8.1bn, while Google Cloud services business had a 28 per cent increase to $9.6bn....
...Revenue at Google’s core search-linked advertising business also rose 13 per cent....
...elaine.moore@ft.com...
...The shares rose more than 9 per cent in after-hours trading. Read more here...
...It has continued to cut prices for its most popular models as unsold-vehicle inventory piles up: that measure rose to 28 days of supply from 15 days a year ago....
...The bank’s profits in Asia, its biggest market, rose 18 per cent year on year in the fourth quarter to $928mn....
...The bank’s total bonus pool rose 12 per cent to $3.8bn....
...The bank rose to fame in 1815 when Nathan Mayer Rothschild made a fortune buying British government bonds in anticipation of Napoleon’s defeat at Waterloo....
...Pre-tax profits rose from £293mn to £332mn. TJ Morris is owned by the Morris family and headed by Tom Morris, who founded the retailer as a single shop in 1976....
Households took on subsidised mortgages and deals with groups leaving the country rose, according to central bank
...Shares in Barclays rose 7 per cent to 159p, although they are still down by around a fifth since Venkat took over....
...However, NatWest said there was “no finding of misconduct” against Rose, who had been CEO since 2019....
...Rose will, however, continue to receive about £850,000 of stock that can be cashed in before her notice period ends in July....
...In a ruling seen by the Financial Times on Wednesday, the ICO concluded Rose inappropriately shared Farage’s personal data in an inaccurate way....
...Enjoy the rest of your week, Elaine MooreDeputy head of Lex...
...Rose said the report confirmed “everything I told the board [of NatWest] in July was correct.”...
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