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...Ofwat is to provide a draft ruling on bill rises on June 12....
...Their rise has helped to propel global stock markets to their strongest first-quarter performance in five years. But regulators are already scrutinising companies for making false AI-related claims....
...Net ticket sales are forecast to rise 8-12 per cent, with adjusted cash profits of 2.4-2.5 per cent of those sales. The shares trade hands at 19 times enterprise value to cash profits....
...Talksport Ltd — which owns Times Radio, Virgin Radio, Talksport and Talkradio — reported a profit of £8.6mn....
...Its shareholders may balk as the price rises. Sure, BHP would happily keep some of Anglo’s other assets....
...The rise in average partner pay to £644,000 puts Grant Thornton ahead of mid-tier rival BDO, which handed its partners an average of £609,000 last year....
...They were caught off-guard by the rise of China’s homegrown EV groups such as BYD, which outsold Tesla for the first time in the final quarter of 2023....
...Bentley meanwhile has had an almost 10-fold rise in profits since 2019 to €589mn last year, driven by what the company called “jaw-dropping” levels of spending on customisation....
...Both Japanese carmakers, which each sell about 4mn vehicles a year globally, were caught off-guard by the rise of China’s homegrown EV groups, while Nissan missed out on a boom in hybrid vehicles sales in...
...Active employees are holding on to their stock, at least for the time being, and will want to see its value rise. Market sentiment is bound to be more fragile than it was only last week....
...But the Chinese airlines are struggling in comparison with US and European carriers, which have been reporting booming profits on a rise in airfares....
Founder also took at least £50mn in dividends despite gambling group’s £72.6mn pre-tax loss
...Although currently low, liquidity risks could rise with the growth of retail funds....
...Sales of battery electric and plug-in hybrid cars could rise more than 20 per cent to reach 17mn this year, up from just under 14mn in 2023, and grow to account for as much as two-thirds of global sales...
...Unlike rivals that battled a slowdown in sales growth last year, JLR — which accounts for about two-thirds of its parent’s sales — posted a 22 per cent rise in sales during the quarter....
...Last year’s results benefited from fewer hurricane claims as well as a steep rise in reinsurance prices. That is unlikely to continue, though Lloyd’s expects rates to level out rather than fall....
...Weston said ABF did not increase prices during the period although it had benefited from rises implemented last year as inflation subsided....
...The overall tax take will first have to rise to finance vital additional public investment, rescue public services in crisis and so catalyse more growth....
...that at dealers with a turnover of more than $10mn, sales increased by 19 per cent in 2022, while those with turnover below $250,000 reported an average fall of 3 per cent, having also posted the smallest rise...
...The price warning came as TSMC forecast profitability to slip this year due to soaring power costs at its main manufacturing base in Taiwan, the impact of Taiwan’s April 3 earthquake and a slower rise in...
...Another fundamental issue is that the rise in interest rates has blunted the appeal of financing long-running, highly uncertain legal battles....
...Adjusted earnings before interest, taxes, depreciation and amortisation more than doubled to $128mn and the group expects this to rise to between $155mn and $165mn this year....
...Keese said that was a “good number”, given the rise of digital trading....
...The rise of lawsuits against China’s online fast-fashion groups is, in part, about the rise of counterfeit products....
...Yet BYD’s recent rise has surprised many in the industry. This is partly because growth accelerated during the Covid-19 pandemic, when China’s borders were shut....
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