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...growth outlook and geopolitical tensions between Beijing and western capitals....
...Both Tesla and BYD — the world’s first and second-largest EV manufacturers — reported a strong drop in sales in the first three months of this year compared with the previous quarter....
...As the company of the moment builds its first electric car factory outside Asia in the Latin American country, it is also eyeing up lithium assets there....
...Net flows into ESG ETFs totalled €7.1bn in the first quarter, down from €13.8bn in the previous three-month period....
...Many Parisians intend to flee the city during the games, which start on July 26, as an expected 15mn people visit the capital, according to tourism officials....
...While the group has invested $3.5bn in more than 350 Chinese start-ups, it somehow hasn’t come under fire in Washington yet, even while rivals like Sequoia Capital and GGV Capital have faced scrutiny....
...“At the moment there is definitely a feeling . . . that it’s important who gets there first.”...
...Most companies tend to only focus on the first two, which broadly speaking are emissions directly under their control....
...Electric-car maker Tesla registered expenses of about $2.4mn for its chief executive Elon Musk in 2023, with a further $500,000 spent in the first two months of this year....
...Two of the groups, Silicon Valley venture capital firms Sequoia Capital and GGV Capital, decided in 2023 to split their operations in response to the push for tech investors to disengage from China....
...“This would act as the first major test case for institutional holders to experience 24/7 instant settlement benefits of the blockchain with increased transparency and improved capital efficiency, at reduced...
...The British sportswear chain opened its first five US stores under the JD brand in 2018 following the $560mn purchase of Finish Line....
...Instead, what the chief executive offered — alongside even worse than expected first-quarter profits and the company’s first cash outflow since the start of the pandemic — was a classic Muskian fudge....
...“The point is that if you are trading below book and you don’t have a plan to get above, then that’s the sin bin for you, so people will first be looking for that,” said CLSA strategist Nicholas Smith....
...That marks Tesla’s first year-on-year quarterly drop since the start of 2020....
...Its US business delivered its first full year of profitability last year....
...The outflows started in 2022 after West Virginia state treasurer Riley Moore included BlackRock on the nation’s first list of financial firms deemed to boycott fossil fuel companies....
...Tesla investor Christopher Tsai from Tsai Capital said that while he expected competition for electric vehicles would intensify and that Tesla would lose market share, “we also believe the company will increase...
...TGI Fridays — short for Thank Goodness It’s Friday — began in New York in 1965, and opened its first UK restaurant in Birmingham in 1986....
...Shah Capital now owns 6.7 per cent of Novavax, having first bought into the company in the last quarter of 2022....
...Despite the woes of its manufacturers, Germany’s PMI reading rose above the 50 mark that separates growth from decline for the first time in 10 months....
...The main feature of the system is Meta’s dominance within it: it was the first company to get to massive scale and to nail how to sell advertising against user-generated content, so it has locked the market...
...Although profits are expected to be lower for many this year, shares in some of them may get a boost if Basel III capital requirements turn out to be not as bad as feared....
...First, a couple of the problems: 1) Sometimes these covenants only cover transfers of intellectual property....
...First that the higher provisions for losses reflected not just a new regulatory classification but a loan portfolio headed south and, second that “management simply failed to anticipate how much added capital...
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