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...By contrast, a rival gang demanded $80mn from the UK’s Royal Mail in another recent and high-profile attack....
...Between 2020 and 2022, the three companies collectively lost $50bn as bookings plunged and trips were cancelled. But the industry currently has several things going in its favour....
...At a high level of generality, this extended syllogism is valid and sound....
...The government contends that the company wields far more power in the US: around a 70 per cent share by revenue of the high-end smartphone market, and more than 65 per cent of all smartphones....
...This includes the elimination of two inter-company business lines, new direct reporting from the LOBs to the C-suite for the first time ever, and collapsing of management layers from a remarkably high 13...
...It gives the same reading — not a wild extreme, but at the very high end of sanity: Adding to the worries, stocks in recent months have gone from pricey to plain expensive....
...Unfortunately, rather than expressing this constructive view by investing heavily in high-quality tech companies with earnings growth (an obvious choice in hindsight), we primarily committed capital to value...
...But in both cases, the direction of change is plain to see....
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...YCC’s mechanics are plain enough. What the bank did Friday is hazier....
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...The $115mn in total deal fees to be paid by WWE is at the high end of comparable transactions....
...Taste, cost, plain old conservatism: whatever the reason, its chances of disrupting the meat industry now look low....
...Here was a well-run business with wide competitive moats and high profits....
...up the media company....
...Burden of change In an atmosphere of high inflation and tensions around global trade, many companies fear that the EU’s push for sustainability comes at too high a price....
...In short, while Tesla’s valuation prices in a lot of good news, but it has left the territory of plain insanity. A question remains....
...Email me your thoughts at sid.v@ft.com. Latest news Amy Kazmin in Rome has a fascinating piece on why Giorgia Meloni is pushing back on Italy’s shift to digital payments....
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...“This is a clear-out, plain and simple, and it is going to claim more heads,” said a person close to one of the handful of Games-linked companies whose offices were raided by prosecutors this year....
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