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...Elon Musk’s Tesla and Chinese rival BYD both reported sharp falls in electric car sales, adding to concerns of the slowing shift towards electric vehicles....
...Its three suspended mines in the US are a lower priority than the expansion of McArthur River but “don’t rule those out either as they are on our batting line-up further down the list”, said chief executive...
...inflation number bolsters expectations of ECB interest rate cuts by summer, People’s Liberation Army mobilisation units reflect Xi Jinping’s focus on security, Tesla faces a tough moment, and big investors line...
...Additional reporting by Eung Sea A version of this article was first published by Nikkei Asia on March 12. ©2024 Nikkei Inc. All rights reserved....
...Ad revenue accounts for almost 80 per cent of Alphabet’s top line....
...For connoisseurs of the unique form of abstract art that adorns modern-day bond prospectuses, here’s the structure diagram: Writing margin loans against paintings is not a particularly new business line...
...This connects Greenpoint with East 34th Street in Midtown in 8 minutes and to Wall Street’s Pier 11 in a little over half an hour....
...And if Lyft had expected gross bookings to fall by 60 per cent-plus this year, it probably wouldn’t have said in the line directly above its typo that gross bookings would rise....
...BYD reported a 42 per cent fall in its electric vehicle deliveries in the first three months of the year compared to the final quarter of 2023, allowing Tesla to reclaim the crown as the world’s largest...
...Garth Thompson, chair of the United Airlines unit of the Air Line Pilots Association, said that while the union was happy that regulators had acted cautiously, he had yet to hear of inspections finding a...
...with the official propaganda lines.”...
...The argument runs along these lines: $12bn of inflows has been chasing a scarce asset that will only get more scarce after this month’s quadrennial “halving” event in the bitcoin system, when the rewards...
...Airbnb is examining new business lines as revenue growth slows following a post-pandemic boom....
...General merchandise prices were lower than a year ago, he told analysts, “but not as much as the trend line would have suggested” at the end of the preceding quarter....
...Its bottom line in China is also set to take a hit this year as it loses a 15 per cent preferential tax rate, which remains available to many of its local competitors....
...industry — particularly for lower-cost carriers — which has consolidated rapidly over the past two decades, leaving it dominated by the four big carriers: American Airlines, United Airlines, Delta Air Lines...
...The biggest falls were in the north and east, the 10th, 11th and 18th arrondissements – areas that had recent price booms....
...Assume, then, that TMTG’s weighted average cost of capital falls from more than 20 per cent to 5-6 per cent, the S&P 500’s average WACC. Even then, we’re only at $51....
...Not everyone will fall into line. Stripe co-founder John Collison told the Financial Times this week that he was “not in a rush” for an IPO of the $65bn payments group....
...I have a good shower, the sheets are soft, and I fall into a sleep filled with vivid dreams....
...In explaining the GIP deal, BlackRock chief executive Larry Fink expressed confidence that other governments would fall into line: “Policymakers are only just beginning to implement once-in-a-generation...
...In the rarefied world of France’s business elite, the fall of the Lagardère family is a cautionary tale....
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