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...“For companies that have to make investment decisions, that is absolutely toxic.”...
...He still has 13.5 per cent of the company’s outstanding shares, which makes him its largest shareholder....
...Lululemon’s sales in mainland China were up 60 per cent year on year in the latest quarter on a constant currency basis, and now make up nearly a tenth of total sales....
...But, of course, there’s a reason why it’s widely called Shitibank; the sprawling, gormless Citi has for a v v v very long time proven adept at blithely ambling onto various rakes around the world....
...They can make up the revenue shortfall by raising annual card membership fees and interest rates, or roll back rewards for cardholders....
...Its first note concluded that buying a lot of bitcoin would’ve worked historically — in the sense that adding something that went up a lot to a portfolio would make the portfolio perform better — but it...
...This proportion was only 46 per cent in 2022, with the majority of ETFs that cut fees in 2021 garnering lower inflows in the following year....
...If found guilty of non-compliance, companies face hefty fines that could amount to up to 10 per cent of their global turnover....
...Fees are set by the payment network operators, Mastercard and Visa, as a percentage of each transaction and can be as high as 3 per cent....
...It is time now for Renesas to demonstrate that its purchases were the right ones, not make new ones....
...Eni would receive new Ithaca stock as part of the deal, ultimately giving it between 38 per cent and 39 per cent of the enlarged group’s share capital following completion....
...Russia’s enriched uranium makes up 30 per cent of EU supply....
...It seems to find a level and stabilise: Looking at all this, it seems possible to make some reasonable assumptions about the trajectory of a business such as Reddit, and derive an estimate of value from...
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...That’s only a narrow increase on 2022, but a 78.8 per cent increase just since 2020....
...They say the iPhone’s 65 per cent share of the US smartphone market by revenue — and the tight technological integration that underpins Apple’s ecosystem — threaten to distort competition in the tech world...
...Scrapping a project with high upfront costs makes sense. Competition has grown. Tesla has been forced to cut its prices. Car making is a low margin business to begin with....
...After the financial crisis, it spent Rmb4tn (nearly 13 per cent of GDP back then) building out infrastructure....
...That makes the Arm investment case not dissimilar to the one we were obsessing over a decade ago....
...About 6,000 trips were logged on UberCheats in total, 17 per cent of which appeared to have been underpaid....
...per cent over the period....
...Instacart, the largest US grocery delivery app, cut 7 per cent of its staff this week in an effort to become more efficient....
...The company usually makes that request when it is in the midst of a significant purchase....
...That figure is roughly one-tenth of 1 per cent of BlackRock $10tn in assets under management, and some Republican state pension funds still have well north of $20bn parked with the money manager....
...Ansys stock, which had risen more than 25 per cent in the past year, fell 5 per cent on Tuesday to about $328....
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