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...A jump in sales at BCG’s AI division also partly offset a slowdown in other parts of the business last year amid a tougher economic backdrop....
...US confectionery giant Mondelez will be fined millions of euros as early as next month for restricting sales of its products between EU member states, according to three people with direct knowledge of the...
...Buffett said Greg Abel should have the final decision on investments at Berkshire Hathaway, making clear that his successor will have authority over not just takeovers but the sprawling conglomerate’s mammoth...
...Apple’s mammoth buyback programme could be one casualty. In the last fiscal year, Apple spent twice as much buying back its own shares as it did on R&D....
...By shifting its mix of businesses to services, Apple has kept margins expanding even as sales dip....
...Finding a prospective buyer for a business with falling sales would be harder....
...While Buffett made clear that Abel will have authority over not just takeovers but the sprawling conglomerate’s mammoth stock portfolio as well, two other lieutenants — Ted Weschler and Todd Combs — are...
...The programme’s mammoth profits give Ueda some time. He must now use it to co-ordinate a plan with the government....
...Interest in House of Flame and Shadow has also pushed up sales of Maas’s back catalogue....
...One school of thought is that EV sales growth in Europe has, thus far, been from wealthy early adopters and corporate buyers....
...Lululemon’s sales in mainland China were up 60 per cent year on year in the latest quarter on a constant currency basis, and now make up nearly a tenth of total sales....
...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...
...Sutcliffe declines, most diplomatically, to pick a favourite wine sale or bottle – but she waxes lyrical about a recent tasting of an ’82 and ’83 Château Margaux....
...Sales of higher-margin discretionary items like home decor were down 12 per cent....
...Profitability soared even as its sales volumes declined sharply. Now sales are rising. In the recently completed first quarter, units sold rose 16 per cent. Shares rallied by a third in response....
...The position in the middle of 2021 showed a mammoth paper profit — up roughly 235 per cent — as investors bid up shares of home decor companies in the midst of the pandemic....
...WisdomTree’s largest shareholder has launched a new attempt to oust its chief executive, pressing for a potential sale of the $107bn asset manager and criticising its recent push into decentralised finance...
...Sparta, which also wants a review to look at a sale, might fare better with bidders. But there is little reason to think a deal will be struck now, after last year’s interest faltered....
...But sales have lagged. “Novavax is now in a stronger position to refocus our efforts on leveraging our technology platform and novel adjuvant,” said John Jacobs, Novavax chief executive....
...This is very different from the mammoth stimulus packages China has pulled off before. After the financial crisis, it spent Rmb4tn (nearly 13 per cent of GDP back then) building out infrastructure....
...The company has also been hit by a global slowdown in EV sales growth and cut thousands of jobs. Tesla did not respond to a request for comment....
Potential sale comes after Apollo’s $26bn offer was rebuffed
...PMI says it has invested $12.5bn in smoke-free products since 2008, and that these products made up 36 per cent of its sales last year....
...Sales at Precision Castparts, an aeroplane parts manufacturer that supplies Boeing, jumped 10 per cent to $2.5bn....
...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....
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