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...“He didn’t know the big fortunes of France a few years ago and now he does,” said Niel....
...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....
...The island of Syros is a microcosm of Greece’s maritime history....
...If TikTok is banned, it will dent Yass’s fortune, said Li Chengdong, head of internet think-tank Haitun....
Billionaire arrives in world’s largest car market as he makes push on ‘robotaxis’ in bid to revive fortunes
...The three EV start-ups have had differing fortunes since listing — Li Auto has seen its stock rise 66 per cent while Xpeng and Nio are trading below their IPO prices....
...The result is that the fortunes of dollar stores have been determined by which particular stratum of low-income consumer they serve....
Valuation of the companies surged during the pandemic as used-car prices soared, but have now taken different paths
...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....
...Lastly, if you buy one thing this autumn, make sure it’s maritime in theme....
...The disruption to maritime trade has raised concerns that it will filter through to energy prices and inflation....
...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....
...The Golden Road, a new book by William Dalrymple coming out in September, focuses on the ancient maritime highway linking the Roman empire and India in the 1st and 2nd century CE through the Red Sea....
...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”....
...Bernard Arnault, chief executive of luxury goods brand LVMH, is second on the list with a personal fortune of $201bn, according to Forbes....
...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...
...US steel unions have asked President Joe Biden to open a trade investigation into alleged Chinese unfair economic practices in the shipbuilding and maritime logistics sectors....
...Redstone has prioritised the merger with Skydance because she believes Ellison can revive the fortunes of Paramount....
...A version of this article was first published by Nikkei Asia on January 16. ©2024 Nikkei Inc. All rights reserved....
...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....
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