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...But the cosmetic conglomerate’s attempts to revive the fading marques faltered....
...Luxury Australian marque Aesop was sold to L’Oréal for $2.5bn in April and last month Natura agreed to sell The Body Shop to private equity firm Aurelius for a fraction of the price it paid in 2017, after...
...BYD's European boss Michael Shu previously told the Financial Times the marque intends to be in the top three brands by the end of the decade, and number one “if possible”....
...He put the world’s most valuable marque on knick-knacks for the purpose of owning the libs, and it didn’t make him happy. What might make him happy? Is it money?...
...Net income increased slightly to a record R$2.2bn ($424mn), despite a R$1.2bn provision linked to a retail chain hit by an accounting scandal that affected several other lenders in Brazil....
...“Domestic investors have remained very bullish and money is coming in,” said R Venkataraman, managing director of brokerage IIFL, who credited the market’s outperformance to local stockpickers....
...Additional reporting by Wang Xueqiao in Shanghai and Andy Lin and Hudson Lockett in Hong Kong...
...Today it is valued at just R$16.9bn ($3.2bn)....
...Lucid has its sights set on delivering the Sapphire and other variants of the Air before unveiling its next project – Gravity – the marque’s follow-up SUV....
...SenseTime will spend 60 per cent of the money raised in the IPO on R&D, to find new commercial applications for its AI software, targeting smartphone makers and automobile manufacturers....
...Aside from Evergrande, Guangzhou R&F has been one of the developers to come under the most scrutiny....
...People close to the matter told the FT’s Tabby Kinder, Cheng Leng and Hudson Lockett that the agreement was based on the same deal signed between the superpowers in 2013....
...The report found that the share of firms that reinvested part of their turnover in R&D fell to 69.4 per cent last year, almost four percentage points down from 2019....
...Guangzhou R&F was downgraded by Moody’s on Friday over concerns it would have a tougher time issuing debt to settle old obligations, a process known as refinancing....
...Fears over refinancing have hit other developers with dollar debts, including Fantasia Group, which was downgraded last week, and Guangzhou R & F....
...Things look brighter for Aston Martin Lagonda, manufacturer of the British supercar marque favoured by fictional spy James Bond....
...Additional reporting by Hudson Lockett in Hong Kong...
...“Who knows what they have been developing in their R&D departments?” But electric motorcycles clearly have a very long road in front of them....
...The rally came after a user on Reddit’s r/WallStreetBets forum urged people to buy shares and silver options to put a squeeze on banks....
...The Sylvan Rock House under construction in rural Hudson Valley, New York, the marque’s first private residential estate, created in collaboration with S3 Architecture, includes a lower-ground living space...
...One comment among Reddit’s r/wallstreetbets bulletin board — where have-a-go day traders congregate — summarised the mood as follows: “TSLA risk factors . . ....
...Analysts point to echoes in the US in recent months with the popularity of apps such as Robinhood and the online forum r/WallStreetBets....
...Two manufacturers of four famous British marques come next, gaining some protection from higher exports elsewhere....
...“This suggests that if exit strategies continue to be aimed at preventing a second wave of infection — by keeping R [the reproduction rate] below one — restrictive social distancing measures will need to...
...On Wednesday it reported record profit of R$40bn ($9.1bn) for 2019, up from R$25bn the previous year. Its debt pile also fell to $87bn, down from $111bn a year earlier, according to Ms Almeida....
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