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...WuXi companies had rapidly expanded their market share of global contract manufacturing outside China to more than 12 per cent this year by offering ingredients priced at competitive rates and produced quickly...
...BCG is working with global tech giants and AI companies — from Microsoft and Google to OpenAI and Anthropic — to integrate their technology into company operations and processes....
...European wholesale gas prices and global agricultural commodities prices are roughly back to their early 2021 levels, before their war-related rises....
...Growth in the services sector offset weakness in manufacturing to lift S&P Global’s monthly gauge of eurozone corporate activity for April above the forecasts of most economists....
And Apple’s legal fight
...The European Commission has identified four areas — semiconductors, artificial intelligence, quantum computing and biotechnology — in which to assess whether the bloc should ban the transfer of some goods...
...The job cuts come as the slowdown in sales of EVs makes waves across the global car industry, with companies across the supply chain from South Korea to Germany slashing jobs and costs....
...Skydance, the film studio behind Top Gun: Maverick, has entered exclusive talks to take control of Paramount Global, which had rejected a $26bn takeover offer from buyout firm Apollo, said people briefed...
...“Rather than tapering off, the global EV revolution appears to be gearing up for a new phase of growth,” said IEA executive director Fatih Birol....
...Contributions from the company’s acquisitions — notably the $43bn purchase of cancer biotechnology company Seagen — have yet to move the needle....
...Step Two: Buy firms While only one subset of PE, global buyouts are a big category, and one we’re going to home in on....
...If found guilty, companies face fines of up to 10 per cent of global turnover....
The flipside to higher rates is people want more for their savings, too
...Maybe in March it was, but in April it’s starting to look functional again,” said Alex Brill, chief executive of Matrix Global Advisors, a healthcare consultancy....
...But Amyris had also branched out into being an incubator for beauty start-ups including Rose Inc, Costa Brazil and JVN hair care, and it proved too huge a leap from developing molecules to developing brands...
...Investment banking revenue increased despite a “decline in global fee pools”, said Nomura, with a particularly strong performance in Japanese equity capital markets....
...Tesla is cutting 10 per cent of its global workforce. Mercedes-Benz has pushed back its electrification target. For Europe’s laggard carmakers, if not the planet, slowing EV growth isn’t all bad news....
...Financial data company S&P Global is nearing a deal to buy research platform Visible Alpha that could value it at more than $500mn from a consortium of investment banks including Goldman Sachs, Jefferies...
...Analysts at Barclays estimate the ice cream business to be worth up to €17bn, and Unilever is the industry leader with 20 per cent share of the global ice cream market....
...S&P Global’s flash eurozone composite purchasing managers’ index, which measures business activity across the bloc, rose to an eight-month high of 48.9 this month, up from 47.9 in January....
...In a statement, TikTok said: “Like any global company, we have employees around the world and employees move around over the course of their career to meet business needs....
...A version of this article was first published by Nikkei Asia on January 26. ©2024 Nikkei Inc. All rights reserved....
Plus, a very large taxi company becomes profitable
...“Medium to long term, there are three or four big global streaming players. I believe that WBD is an anchor tenant,” he said. Max will have more than double the amount of content available on HBO Max....
...“I remain extremely bullish on Jefferies and fully committed to helping us continue to build the best independent, global and full-service investment banking firm.”...
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