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Mondelez International Inc
EU set to fine Oreo maker Mondelez for blocking cross-border sales
...Mondelez said: “We are co-operating with the investigation and engaging with the European Commission in an effort to reach a proportionate resolution to this matter....
April 16, 2024
TikTok Inc
TikTok’s US revenues hit $16bn as Washington threatens ban
...TikTok has hit $16bn in sales in the US, where the viral video app that has hooked Gen Z users is at risk of being banned.Three people with knowledge of its finances said the app, owned by Beijing-based...
March 15, 2024
FT Live
Building an AI-First Organisation
How can business leaders use AI to drive value?
Thursday, 25 AprilHôtel Lutetia, Paris, France
Letter
Letter: Europe has an unrivalled record on antitrust
...Olivier GuersentDirector-General, Directorate-General for Competition, European Commission, Brussels, Belgium Letter in response to this letter: Alas, EU digital markets are Big Tech plaything...
February 7, 2024
Letter
Letter: Will Musk’s pay setback discourage other IPOs?
...Another issue is that as the company becomes more dependent on macroeconomic factors and general stock market trends, its market cap — that was once a result of its own merits and achievements...
February 2, 2024
News in-depthFood & Beverage
How the 92-year-old snackmaker behind Biscoff captivated Gen Z
...Within this, sales of Biscoff-flavoured products hit a €500mn milestone, having also risen a fifth....
February 24, 2024
Lex PopuliInvestments
If you like a company, should you buy its shares?
...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....
April 19, 2024
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
News in-depthMars Inc
Mars joins push into premium with Hotel Chocolat deal
...Alongside its move into high-end chocolate, Mars has invested in the healthier end of the snack market....
November 20, 2023
Beauty
Gen Z loves full-face make-up
...“TikTok most definitely has a massive influence — this year, a number of new products went viral, then drove record sales or sold out,” he says....
December 19, 2023
The Art Market
Sotheby’s set to make record for Surrealist Leonora Carrington
...Poly’s main sale of Modern and contemporary art was within estimate at HK$68mn (including fees) on April 7, though its equivalent sale last year made HK$148mn....
April 18, 2024
Work & Careers
Quit-Tok: why young workers are refusing to leave their job quietly
...“I think Gen Z overall is very sceptical and a little bit nihilist,” Judge told the Financial Times....
March 18, 2024
Apple Inc
Apple loses smartphone crown to Samsung as Chinese rivals gain ground
...Despite consumers increasingly opting for more expensive devices that they hope will last longer, Apple has experienced a slump in iPhone sales in China....
April 15, 2024
BYD Co Ltd
BYD loses EV throne to Tesla as sales slip
...“It actually slowed down sales when that happened.”...
April 2, 2024
The FT ViewThe editorial board
The electric vehicle revolution is running out of steam
...Luca de Meo, Renault’s chief executive, has called for the EU to adopt an Airbus-like approach to EV production, with more industrial co-operation and public investment....
April 10, 2024
Style
Last-minute gifts that don’t look last-minute
...Votary Super Skin Kit, £99 on sale, votary.co.uk Votary’s nourishing and calming kit offers a gentle, winter-appropriate plant-powered routine for sensitive and dehydrated skin....
December 8, 2023
LexUS retail
Why US department stores have most to fear as credit card debt sours Premium content
...The retailer said there were levers it could pull to offset this, such as growing its co-branded credit card business....
April 5, 2024
FT Live
Transforming the Finance Function with AI
Strategies for delivering advanced analytics, automation and decision-making
Thursday, 25 AprilDigital Conference
The Art Market
Celebrity auctions boost sales in a turbulent year
...The auction houses point to the growth of new buyers this year — representing 35 per cent of clients at Christie’s, with a high proportion of millennials and Gen Z — as a source of cautious confidence going...
December 28, 2023
BYD Co Ltd
BYD misses profit forecasts as Huawei challenge emerges
...BYD profits rose last year but fell short of expectations as Tesla’s main Chinese rival felt the brunt of intensifying competition and slowing sales growth....
March 26, 2024
FT CollectionsTech Exchange
Cristiano Amon: generative AI is ‘evolving very, very fast’ into mobile devices
...TB: The industry needs something to spur sales because it’s a mature market now. It’s been a tough couple of years for the smartphone makers....
January 4, 2024
#techAsia
Nvidia goes big and US chip projects stutter Premium content
...Surging sales, uncertain future TikTok has hit $16bn in sales in the US, where the viral video app that has hooked Gen Z users is at risk of being banned, writes the Financial Times’ Ryan McMorrow....
March 21, 2024
Inside BusinessJune Yoon
BYD’s $230,000 electric sports car signals plan to take on VW and Toyota
...Total hybrid sales of about 1.2mn cars matched EV sales figures. For Toyota, hybrid sales increased 47 per cent year on year in the December quarter, far outpacing total group sales growth of a tenth....
March 5, 2024
News in-depthPensions industry
Larry Fink’s retirement warning highlights fight over ‘hardest problem in finance’
...Most Gen Xers have 401k plan balances that are woefully inadequate to fund a long retirement....
March 29, 2024
Johnson & Johnson Co Inc
Johnson & Johnson buys device maker Shockwave for $13.1bn
...J&J’s medtech division has outstripped the growth of the company’s drugs and diagnostics business, generating $30.4bn in sales last year, or 35 per cent of group revenues....
April 5, 2024
LexJune Yoon
The Lex Newsletter: TikTok wants to be Amazon for Gen Z Premium content
...Sales are up sevenfold in the past year. Young users are driving the rapid growth. It helps that Indonesia is one of TikTok’s largest markets outside the US....
September 20, 2023
Private equity
Dealmaking slowdown leaves private equity with record unsold assets
...The numbers, revealed in consultancy firm Bain & Co’s annual private equity report, show how rapidly the industry has grown over the past decade, as well as the challenges it faces from higher interest rates...
March 11, 2024
Economists Exchange
Erik Brynjolfsson: ‘This could be the best decade in history — or the worst’
...As we can see from Nvidia’s sales and market cap, demand is strong and is likely to grow significantly for computing power....
January 31, 2024

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