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...F1’s operating profit increased by 64 per cent to $392mn in 2023 from a year earlier, as revenues surged to $3.2bn from $2.5bn. Dorna’s revenues totalled €483mn in 2023....
...John Burn-MurdochYeah. So the number that we really care about here is 2.1 births per woman. That’s what we call the replacement rate....
...The partnership plans to inject more than £2.4bn over the next four years into its operations, funded by internally generated cash flow....
...But tech platforms like having users on board....
...But the government’s oft-repeated position that it would only increase defence spending from 2.2 to 2.5 per cent of gross domestic product when “economic conditions allow” appears to rule out that option...
...It relied on board oversight and disclosure of material risks and opportunities, including those that were climate-related, Karen Wong, head of sustainable investing, said....
...John GriffithsFormer Chief Economist, Boeing Commercial Airplanes, Seattle, WA, US...
...A US hedge fund is seeking to reverse a high-profile deal between Frontline, controlled by shipping magnate John Fredriksen, and one of Belgium’s oldest shipping dynasties....
...Britain’s largest water distributor is seeking to raise new equity of £2.5bn from shareholders in the coming years, in addition to £750mn already pledged....
...This week, right-wing Prime Minister Giorgia Meloni attacked the family’s scion John Elkann and Fiat-Chrysler’s successor, Stellantis — rebranded after the group merged with France’s PSA in 2021....
...One museum board director recounts asking a collector which artists he favoured. “I buy what Iwan tells me to buy,” he replied....
...However, its valuation has fallen from £2.5bn to about £1.5bn following Jupiter’s share sale while its growth has lagged behind rivals....
...(see 3, above) Change the culture: As UK Research and Innovation board member John Fingleton observed, the UK’s chronic bureaucratic sclerosis was not as much a function of EU membership as we’d like to...
...It said together with Tamil Nadu’s state government, it would “work toward a total investment of up to USD 2 billion”....
...Peltz secured a board seat for his son-in-law, and then in October 2018 got Immelt’s successor John Flannery replaced by CEO Larry Culp....
...Total group sales were £5.8bn in the six-month period, up 2 per cent year on year, with Waitrose sales up 4 per cent but those at John Lewis down 2 per cent....
...Their total inventories stood at $2.12tn as of the end of September, 28 per cent higher than the pre-Covid level at the end of 2019....
...The ECB has, however, cut its forecasts, suggesting inflation for this year will fall to 2.3 per cent before hitting its 2 per cent target next year....
...Since 2007, John Browne, Tony Hayward and Bernard Looney have all suffered defenestration. Looney left three months ago....
...The Leckford estate, a 2,800-acre farm that also has a water garden as well as fishing and golfing facilities, is not for sale....
...Papa Johns announced that former basketball player Shaquille O’Neal will not stand for re-election to the company’s board of directors....
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...Chart of the day Boomers, once the target of millennial ire, are now a fading force demographically and electorally, writes John Burn-Murdoch....
...John Storey, an analyst with UBS, said the results read poorly “across the board” in the third quarter, which would trigger downgrades in expectations....
...It is no accident that one of his first moves after winning the 2016 election was to meet the editorial board of the New York Times. But this was the old game....
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