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...F1’s operating profit increased by 64 per cent to $392mn in 2023 from a year earlier, as revenues surged to $3.2bn from $2.5bn. Dorna’s revenues totalled €483mn in 2023....
...She will report to chief executive and co-founder Matthew Prince, who said on Monday that his new hire was “incredible....
...Matthew Graham, a mortgage rates expert at industry website Mortgage News Daily, said that while some lenders do offer lower than average rates, often in combination with some high upfront costs, “it’s literally...
Chief CS Venkatakrishnan sets out ambitious plan to boost revenue and revive bank’s depressed valuation
...stephen.bush@ft.com...
...Now try this Although I am distraught about the end of Radio 3’s weekend jazz programme, J to Z, I am very happy indeed that its new schedule moves the wonderful Night Tracks an hour earlier....
...The drop in average bonus was much smaller than 2022’s 25 per cent plunge, as firms sought to hang on to top bankers and traders, a sign that many expect a fall in interest rates this year will lead to a...
...The share gains were fuelled by its fast-rising assets under management, which eclipsed $1tn for the first time, and its inclusion into the S&P 500 index....
...Tuesday’s share price drop extended the plunge in the Austin-based carmaker’s stock this year to 33 per cent, making it one of the worst performers in the S&P 500 with a trajectory that continues to diverge...
...The slowdown has sent Tesla’s shares down 31 per cent this year, making it the second-worst performer on the S&P 500....
...Fear and loathing in Westminster Terrorism in Great Britain has two significant sources: Islamist terror, which has made up about 67 per cent of attacks since 2018, about three-quarters of MI5’s caseload...
...Devised by producer Cameron Mackintosh and staged by director Matthew Bourne, choreographer Stephen Mear and actor Julia McKenzie, it rolls through some of Sondheim’s best-loved numbers but quietly morphs...
...Joanna S Kao Stephen Foley is the FT’s US accounting editor. Thanks, Stephen. Stephen Foley Thanks so much....
...Canada’s main stock index, the S&P/TSX Composite, has advanced 31 per cent since 2019, compared with a 74 per cent gain for the S&P 500....
...Others put the blame on elements around the leader’s office, such as Morgan McSweeney and the party’s communications chief Matthew Doyle, and on politicians like Pat McFadden who, they say, have all spent...
...too much on the extreme right (which is responsible for 22 per cent of attacks since 2018, makes up 28 per cent of those in custody for terrorism-related offences and accounts for about a quarter of MI5’s...
...“The slight rise in the housing activity balance . . . took it to its highest level since November 2022 and implies housing construction has now stabilised,” said Matthew Pointon, senior property economist...
...Canada’s main stock index, the S&P/TSX Composite, has advanced 31 per cent in the last five years, compared to a 74 per cent gain for the S&P 500....
...Lucy FisherAnd Stephen Bush. Hi, Stephen. Stephen BushHi, Lucy. Lucy FisherWe’ll be joined later by the FT’s Peter Foster....
...Over that same period, the S&P 500 has surged more than fourfold; even mainland China’s underperforming Shanghai Composite has far outdistanced the Hong Kong bourse....
...ITV’s Post Office drama is part of a long history of politically significant drama going as far back as 1966’s BBC drama Cathy Come Home. But something worth worrying about, I think, is this....
...Giles Edwards, an analyst for S&P Global, said that “rising earnings mark a welcome normalisation after years of margin compression, but they do not alleviate all of the structural challenges to banks’ profitability...
...Others may similarly choose to let the Booker Prize, or Radio 3’s record review, do a similar job of separating sheep from goats....
...Now try this Caroline Shaw, one of my favourite living composers, was BBC Radio 3’s Composer of the Week last week, and a delightful guest she was too....
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