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...CLSA’s John Seagrim suggested in a recent note to clients that “in theory, Toyota could launch a 31.5 per cent premium bid in Toyota shares . . . for [TIC] and it could pay for the entire acquisition in...
...Annual advertising revenues at the Microsoft-owned group rose to nearly $4bn in 2023, up 10.1 per cent year on year, according to estimates from research group Insider Intelligence....
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...“Schools can deduct some input costs and make some savings, so the increase is more likely to be 10-12 per cent, perhaps a maximum of 15 per cent,” he says....
...Overall, the 10,000 small companies in Zeki’s database hire more top AI talent than the big five combined....
...India’s biggest steel producer JSW and Chinese carmaker SAIC Motor on Wednesday launched a $1.5bn joint venture to build and sell MG-brand electric vehicles in the world’s most populous country....
...Departing US climate envoy John Kerry has accused asset managers of “turning away from science” just weeks after a clutch of the world’s biggest investors stepped back from an industry group set up to tackle...
...Pre-tax profits at the John Lewis Partnership were £56mn in the year to January, compared with a £234mn loss the previous year. Sales climbed 1 per cent to £12.4bn....
...For example, in recent decades, a swing of just 1 million barrels can swing crude oil prices dramatically even in a market supplied by roughly 100 million barrels per day....
...Chevron is paying a roughly 10 per cent premium, in shares, to acquire Hess. John Hess, the chief executive and part of the founding family, is getting a $56mn package of parachute payments....
...“He had a restless mind, an inquisitive mind and a great curiosity, and there was never a weekend [that] passed but you could get 10, 15, 20 ideas from John,” recalled Enda Kenny, Fine Gael taoiseach from...
...john.thornhill@ft.com...
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...Lockheed Martin has lost 10 per cent in the past year and RTX, formerly known as Raytheon, has declined by 9 per cent....
...Norway’s FDI into India during the first two decades of this century stood at just $280mn, according to India’s foreign ministry, while Switzerland’s FDI into India between 2000 and 2022 was $10.5bn, according...
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...The Milly Dowler case (in which voicemails of the murdered teenager were hacked) becomes a turning point here as in real life, as does the willingness of Formula 1 boss Max Mosley (Michael Siberry, with...
...The country’s benchmark CSI 300 rose 1.9 per cent, with gains concentrated in electronics manufacturers such as Unisplendour Corp, which rose 10 per cent, and telecommunications group ZTE, which gained 8.1...
...Shares in Hess, whose market capitalisation was $50bn, ended 1.1 per cent lower....
...Germany’s Supply Chain Due Diligence Act went into effect a year ago, and this year it is broadening to include companies with more than 1,000 employees....
...Shares in US Steel surged 26.1 per cent to close at $49.59....
...BJP-dominated lower house passed a resolution praising the temple opening; Modi’s powerful interior minister Amit Shah said that January 22, when the temple opened, was set to be recognised as “a historic day for 10,000...
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