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Tesla Inc
Tesla scouts sites for $3bn India car plant in boost for Modi
...A confirmed Tesla investment would be a major boost for Prime Minister Narendra Modi’s government ahead of a general election that begins this month in which its record on business and job creation will...
April 3, 2024
News updates from March 20: Fed signals 75 bps of 2024 cuts; Reddit prices shares at top end of IPO range
Cheerios maker General Mills says consumers becoming more ‘value-conscious’
...General Mills warned that consumers were increasingly value-conscious, as the Cheerio’s maker managed to beat earnings forecasts despite soft demand for its snacks and cereals....
March 20, 2024
FT Live
Inside Politics: who will win the UK general election?
Exclusively for FT subscribers
Wednesday, 8 MayDigital Conference
News updates from December 20: S&P 500 falls the most in three months, Toshiba delists and enters private hands
Cheerios maker General Mills cuts forecast on lower demand
...US breakfast cereals maker General Mills has cut its annual sales guidance after demand was weak in its most recent quarter....
December 20, 2023
Retail & Consumer industry
Consumer groups look for ways to revive growth as price rises ease
...Kraft Heinz, General Mills and Hershey all said they would look to drive growth through acquisitions....
March 3, 2024
LexDollar Tree Inc
America’s dollar stores are struggling Premium content
...But arch-rival Dollar General is struggling too....
March 19, 2024
The Big Read
The dubious climate gains of turning soil into a carbon sink
...US food manufacturer General Mills was one of the first to make a big push towards regenerative agriculture practices, announcing in 2019 a target to extend these to 1mn acres of farmland by 2030....
January 23, 2024
FT Live
Future of the Car
The technology and new business models shaping the next decade in automotive
Tuesday, 7 MaySancroft, Paternoster Square, London EC4M 7DQ, UK
News updates from June 28: Switzerland vetoes export of tanks to Ukraine, Korski drops out of London mayoral race
Cereal maker General Mills sinks 5% on forecast slowdown in sales
...It managed to raise prices 10 per cent, but reported a 6 per cent decline in sales volumes. General Mills shares were down 5.4 per cent in pre-market trading....
June 28, 2023
The Art Market
Marlborough Gallery to close as tougher times bite
...The work is one of only two of the mill near Giverny; its partner painting sold at Sotheby’s in November for $25.6mn (with fees) and is now on permanent loan to the Museum Barberini in Postdam, Germany....
April 4, 2024
BYD Co Ltd
BYD loses EV throne to Tesla as sales slip
...Cui Dongshu, secretary-general of the industry body, projected a 22 per cent surge in Chinese sales of NEVs in 2024....
April 2, 2024
TikTok Inc
TikTok gears up for legal fight in US to prevent ban
...Before leaving office in 2020, President Donald Trump tried to ban the app in an executive order that also sought to force the sale of TikTok....
April 22, 2024
News in-depthCovid-19 vaccines
Covid vaccine makers to clash in London over mRNA patent dispute
...“Potentially, this is much broader than Covid vaccines or vaccines in general.”...
April 22, 2024
Tesla Inc
Tesla and BYD sales fall as concerns mount over electric shift
...Sales growth of electric cars has slowed in the past year, with carmakers increasingly forced to discount models in order to generate sufficient consumer demand, while companies from General Motors and Ford...
April 2, 2024
John Lewis Partnership PLC
John Lewis appoints Tesco veteran as new chair
...Sales climbed 1 per cent to £12.4bn....
April 8, 2024
Berkshire Hathaway Inc
Warren Buffett’s Berkshire Hathaway pares its stake in Apple
...That was down from 49 12 months earlier, as it exited stakes in companies including General Motors, UPS and Procter & Gamble earlier in the year....
February 14, 2024
Property sector
Selling Mayfair: the elite agents bringing Dubai hustle to London’s prime properties
...“That’s where the rumour mill came from.”...
March 21, 2024
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
LexApple Inc
Apple is not the only company backing away from driverless cars Premium content
...Cruise, the self-driving car subsidiary of General Motors, targeted annual revenues of $1bn by 2025. Last year, the business reported sales of just $102mn amid a $3.4bn loss....
March 7, 2024
TikTok Inc
ByteDance’s US investors weigh options as bill to ban TikTok advances
...officials have said give the country a say on any sale or divestiture....
March 15, 2024
Walmart Inc
Walmart says inflation was stickier than expected in latest quarter
...The demographic accounted for two-thirds of market share gains in general merchandise....
February 20, 2024
Chinese economy
Fitch cuts China credit outlook to negative on ‘uncertain economic prospects’
...It has also sought to curb the spending of indebted local governments traditionally reliant on land sales for revenues....
April 10, 2024
Apple Inc
Apple cancels secretive electric car project in shift to focus on AI
...In January, Tesla warned that flagging demand, high interest rates and intensifying competition would lead to slower sales growth rates this year....
February 27, 2024
Tesla Inc
Tesla shares drop 12% after sales growth warning
...A number of EV makers have recently scaled back expansion plans, including Ford and General Motors, while rental group Hertz is selling one-third of its electric fleet to buy more petrol vehicles....
January 25, 2024
Apple Inc
‘Apple is going to war’: US lawsuit adds to iPhone maker’s antitrust woes
...But on Thursday, those same claims were echoed by US attorney-general Merrick Garland....
March 22, 2024
News updates from September 20: Fed holds rates at 22-year high, UK inflation falls to 6.7%
What to watch in North America today
...FedEx, an economic bellwether, is expected to post higher quarterly revenue after implementing cost cuts, while sales at General Mills are anticipated to have been boosted by higher prices for consumers....
September 20, 2023
Gillian Tett
What TikTok tells us about the paradox of markets right now
...An estimated $8bn has been invested by private capital companies, including Sequoia Capital, Susquehanna, General Atlantic and Coatue Management....
March 14, 2024
Unhedged
Where Tesla departs from the Mag 7 Premium content
...My point is more general....
April 3, 2024

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