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InterviewArtificial intelligence
BCG says AI consulting will supply 20% of revenues this year
...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....
April 23, 2024
Mondelez International Inc
EU set to fine Oreo maker Mondelez for blocking cross-border sales
...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...
April 16, 2024
FT Live
Investing in America
Foreign companies as drivers of US growth, resilience and competitiveness
Tuesday, 10 DecemberHybrid Conference
LexApple Inc
AI iPhones could liven up Apple sales Premium content
...By shifting its mix of businesses to services, Apple has kept margins expanding even as sales dip....
May 3, 2024
LexGeneral Mills Inc
America’s yoghurt love affair is over Premium content
...Finding a prospective buyer for a business with falling sales would be harder....
May 10, 2024
LexElectric vehicles
Slumping EV sales should not ring alarm bells in Europe — yet Premium content
...One school of thought is that EV sales growth in Europe has, thus far, been from wealthy early adopters and corporate buyers....
April 23, 2024
LexBooks
BookTok’s influence on publishing is set to last
...Interest in House of Flame and Shadow has also pushed up sales of Maas’s back catalogue....
May 6, 2024
FT Live
Future of the Car 2025
The leading gathering for the automotive industry
Tuesday, 13 May 2025Sancroft, Paternoster Square, London EC4M 7DQ, UK
Electric vehicles
China’s EV sector taps offshore markets despite rising western protectionism
...In the first half of April, sales of pure EVs and plug-in hybrids crept above half of new car sales in China for the first time, highlighting the decline of the industry producing cars with internal combustion...
May 12, 2024
Lex PopuliPersonal Finance
Athleisure shares appear out of shape
...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....
March 29, 2024
Electric vehicles
IEA bullish on electric vehicle sales in 2024
...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...
April 23, 2024
HTSI
Serena Sutcliffe, wine’s original XX factor
...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....
May 10, 2024
LexDollar Tree Inc
America’s dollar stores are struggling Premium content
...Sales of higher-margin discretionary items like home decor were down 12 per cent....
March 19, 2024
LexPeloton Interactive Inc
Peloton and Carvana: the pandemic stars headed in different directions Premium content
...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....
May 7, 2024
Novavax Inc
Sanofi licensing deal doubles value of vaccine group Novavax
...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....
May 10, 2024
Exchange traded funds
WisdomTree faces new battle with largest shareholder
...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...
May 7, 2024
Paramount Global
Skydance in exclusive merger talks with Paramount
Potential sale comes after Apollo’s $26bn offer was rebuffed
April 3, 2024
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
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
Tesla Inc
Tesla shares surge after Elon Musk secures deal with China’s Baidu
...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....
April 29, 2024
LexNetEase Inc
‘World of Warcraft’ return to China will bring peace to NetEase investors Premium content
...Analysts estimate that NetEase, as the publisher of Blizzard games in China, made as much as 5 per cent of its total sales from Blizzard games before the partnership was terminated....
April 13, 2024
Airbnb Inc
Airbnb wary of slowdown after early Easter sparks jump in profits
...Earnings were fuelled by sales growth helped by the timing of Easter, which occurred on March 31, as well as “cost discipline”, it said....
May 8, 2024
Moral Money
Will Big Tobacco’s ESG argument go up in smoke? Premium content
...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....
May 6, 2024
LexJapanese business & finance
Japan’s airlines are not enjoying country’s status as a hot tourist spot Premium content
...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....
May 11, 2024
LexTesla Inc
Elon Musk is still intrinsic to Tesla’s future Premium content
Shares drop after car sales slip in first quarter
April 2, 2024
Apple Inc
Apple removes WhatsApp from China store under pressure from Beijing
...iPhone sales plunged 24 per cent In the first six weeks of the year, according to a Counterpoint Research report....
April 19, 2024
LexUS retail
Why US department stores have most to fear as credit card debt sours Premium content
...Rising delinquencies as well as faltering retail sales growth will add to the pressure....
April 5, 2024
LexTikTok Inc
TikTok ban will accelerate the ‘splinternet’ Premium content
...However, that sale was priced below $1bn. TikTok is far larger. Revenue in the US hit $16bn last year. On the same sales multiple as Meta that could mean an enterprise value of $120bn....
May 3, 2024

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