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Travel & leisure industry
Spain supplants UK as top hotel investment destination amid buoyant demand
...“The long-term projections for tourism numbers in Europe suggest that projected supply levels [in the region] will be inadequate to satisfy this demand,” he added....
April 14, 2024
Renewable energy
Microsoft to power data centres with big Brookfield renewables deal
...The move comes as frenzied interest in generative artificial intelligence has sparked concerns about its intense energy demand and associated carbon emissions....
May 1, 2024
FT Live
Investing in America
Foreign companies as drivers of US growth, resilience and competitiveness
Tuesday, 10 DecemberHybrid Conference
Pfizer Inc
Pfizer plans direct-to-consumer platform for Covid and migraine treatments
...Lilly uses online pharmacies Truepill and Amazon Pharmacy to dispense its medicines, in a move driven in part by huge demand for its popular weight-loss drug....
May 1, 2024
Equities
Pandemic-era winners suffer $1.5tn fall in market value
...Many vaccine makers’ pandemic-era gains have reversed, however, as investors become concerned about unpredictable demand for the shots....
May 8, 2024
Electric vehicles
China’s EV sector to test offshore markets after Zeekr’s strong US IPO
...That left fewer shares available for investors on the open market, creating a “supply-demand imbalance” and thus “a positive reaction” from buyers, said a banker who worked on the deal....
May 12, 2024
Uber Technologies Inc
Uber’s results hit by legal costs after decade of regulatory battles
...The company blamed in part softer demand in the Latin American region compared with the same period last year. However, Uber said demand remained “robust” across its delivery and mobility businesses....
May 8, 2024
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
LexJapanese business & finance
Japan’s airlines are not enjoying country’s status as a hot tourist spot Premium content
...For airlines, demand for international cargo and flights is starting to recover, with the weak yen further boosting profits for sales made in foreign currencies....
May 11, 2024
Apple Inc
Apple reaches $490mn settlement over Tim Cook’s China demand comments
...Apple has agreed to pay $490mn to settle a class action accusing chief executive Tim Cook of misleading investors in 2018 by exaggerating demand for the iPhone in China....
March 15, 2024
Apple Inc
Apple unveils ‘outrageously powerful chip for AI’ in latest iPads
...AI developers’ insatiable demand for computing power is driving Big Tech companies such as Apple and Nvidia to increase the pace at which they push out more powerful processors capable of handling vast amounts...
May 7, 2024
Unhedged
Where Tesla departs from the Mag 7 Premium content
...So everyone piled in and production shot up, but near-term demand hasn’t materialised....
April 3, 2024
US & Canadian companies
Delta offers rare shelter from Boeing’s plane production crisis Premium content
...Recovery in business travel is underpinning demand. So is consumer desire to make up for missed trips. This should be good news for airlines....
April 10, 2024
Adidas AG
Adidas delaying launches of premium trainers to maintain exclusivity
...Demand for retro trainers and the Samba model in particular has soared in recent years....
April 30, 2024
Novavax Inc
Sanofi licensing deal doubles value of vaccine group Novavax
...It then faced collapsing demand as governments withdrew from procurement deals....
May 10, 2024
Apple Inc
Apple removes WhatsApp from China store under pressure from Beijing
...Apple has been offering rare discounts to bolster demand, and chief executive Tim Cook has made several trips to China since the easing of pandemic restrictions, visiting suppliers, officials and Apple employees...
April 19, 2024
US & Canadian companies
Pwease don’t be mean, I’m just a wittle luxury bag conglomerate 👉👈
...And we’re seeing it again, as we go through incredibly choppy demand environment around the world, the consumer continues to engage with this category in a very strong way....
April 23, 2024
FT Live
Future of the Car 2025
The leading gathering for the automotive industry
Tuesday, 13 May 2025Sancroft, Paternoster Square, London EC4M 7DQ, UK
News in-depthTesla Inc
Tesla’s ‘gravity-defying’ powers at risk as EV market slows
...Two years ago, car leasing group Octopus EV could barely keep up with the red-hot demand for Teslas that accounted for half its sales....
April 5, 2024
Unhedged
The Magnificent 7 value trade Premium content
...The price of oil is being kept down by weak Chinese demand, despite Opec production cuts....
January 30, 2024
LexTesla Inc
Robotaxis are not the solution to Tesla’s problems Premium content
...If the US raises interest rates again this year, higher car financing costs could further dent demand....
April 23, 2024
Tesla Inc
Tesla’s biggest problem: cars
...Amid a lack of demand for EVs in general, and Teslas in particular, its quarterly automotive revenues were down nearly 13 per cent over the past year and by over 19 per cent sequentially....
April 26, 2024
News in-depthBlackRock Inc
BlackRock shake-up aims to meet investor demand for new funds
...BlackRock is also responding to strong demand for products that mix asset classes and those tailored to different regulatory regimes as it expands overseas....
January 22, 2024
Paris Olympics
Parisians struggle to cash in on Olympic Games rentals
...The lack of bookings “seems unusual for what I thought would be a period of heavy demand, but that €100 is not going to make or break my day”, Stefania said....
April 20, 2024
United Parcel Service Inc
UPS to cut 12,000 jobs as revenue outlook falls short on weak parcel demand
...In European countries experiencing recessions, demand for express services fell....
January 30, 2024
LexElaine Moore
The Lex Newsletter: AI spending plans are spooking the market Premium content
...Tesla may be hyping up a self-driving robotaxi, but it is aware it must address problems with demand and keep a lid on costs....
April 26, 2024
Hynix Semiconductor Inc
SK Hynix returns to profit boosted by AI memory chip demand
...Chipmaker SK Hynix reported its first quarterly operating profit in more than a year as it benefited from booming demand for high-end artificial intelligence memory chips....
January 25, 2024
LexTesla Inc
Elon Musk is still intrinsic to Tesla’s future Premium content
...But a gap between production and delivery numbers suggests issues with demand. Musk’s polarising personality may put some customers off....
April 2, 2024

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