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...The importance of the return of convergence cannot be overstated: it underpins EU member states’ sense of a common destiny, without which political cohesion is impossible....
...“China and Russia will be more active in pursuing the convergence of their interests . . . and work together to maintain international industrial supply chain stability,” a ministry statement quoted Wang...
...“It’s really quite simple,” he said....
...One study published in 2021 triumphantly called it “The new era of unconditional convergence.”...
...Given its £971mn market value, it is not clear what US index it would get into....
...In the early days of smartphones, the convergence of mobile communications and computing produced a barrage of lawsuits between computing companies such as Apple and Google on the one hand, and mobile technology...
...The glad story of economic convergence is stalling. There are more long-term difficulties ahead....
...Sceptical analysts point out that the convergence of returns is more about privately owned companies struggling than SOEs improving. “Let’s say you have a bull market. Will you buy an SOE? No....
...Neither approach generates private equity-style returns, or charges private equity-style fees — two areas in which convergence is also likely to apply. camilla.palladino@ft.com...
...After-tax earnings for the five are forecast to have risen by 27 per cent to nearly $85bn, reflecting a convergence of positive trends....
...Having Blizzard game licences in its portfolio is not just about the boost to its net income. Crucially it gives NetEase an edge over Tencent, its biggest local rival....
...But Southwest, which heavily markets its “Bags fly free” policy, endorsed it....
...But once these artifices were no longer possible with the process of convergence towards monetary union, GDP stopped growing....
...“This would be economically costly and induce risks for the sustained convergence of inflation to our target.”...
...It now operates mobile sports betting in 22 states and online gaming in five. Its US business delivered its first full year of profitability last year....
...It is unclear exactly when WhatsApp was removed from the Apple Store in China, but it was unavailable as of Friday....
...A recent growth spurt in southern Europe is reviving hopes of a faster convergence between the eurozone’s traditionally lacklustre Mediterranean economies and its industrial powerhouses in the north....
...It hasn’t worked out that way....
...It follows a similar statement from the European Central Bank....
...Yet, in its eight-part retelling of the Highsmith fable, it has managed the unconscionable: to make Ripley deathly dull....
...“This gridlock is paralysing us when it comes to challenges such as climate change. If we’re not careful, it could really throw the world backwards.”...
...Venues can feel pressured to use Ticketmaster as its ticket vendor: Live Nation could use its promotional power to prevent the venue from getting shows....
...And they’ve said, okay, you know what, here’s a pile of (expletive), put a bow on it and make it look okay, so that it passes the Administrative Procedures Act. It’s not going to. It’s not going to....
...Market participants said that this convergence reflected, in part, rising optimism about the state of the eurozone economy — allowing credit spreads in the region to catch up with the rapid tightening that...
...The equity market is not priced for economic convergence, for example....
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