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...Nio recorded a net loss of $699.5mn and a gross margin of 1.5 per cent in the first three months of the year, compared with a loss of $281.2mn and a margin of 14.6 per cent in the first quarter of 2022....
...in the St Petersburg metro that killed 15 people....
...“You see one company announce lay-offs and think ‘Here we go, who’s it going to be next week?’”...
...Even if he’s quietly taken out at a lower price, it stands to be one of the most audacious trades this year....
...The episode is emblematic of a broader clash within the ecommerce division....
...Cutting down the investment bank to a service division triggered fury that turned to plaudits. Expect Ermotti to follow the same playbook again — with his powerful chair at his elbow....
...The fund industry trade group added the processing fees to its list of lobbying concerns in October, according to Senate lobbying reports....
...No one expected Barbie to be Warner Bros’ biggest film of all time. No one predicted Oppenheimer’s huge success....
...The completed $90mn film Batgirl was killed and written off as tax loss, sending shockwaves across Hollywood. CNN’s expensive new streaming service was scrapped soon after its launch....
...For one thing, everything was free. In the light of day, I saw the facility was clearly divided into two groups of people....
...The results were helped by larger profits in its manufacturing and services business lines....
...A grenade attack on an Awami League campaign event in 2004 left Sheikh Hasina with permanent hearing loss....
...The Adani group’s ability to keep raising money and service its debt is an open question, say analysts who follow Adani and Indian business abroad....
...The group’s total revenues were down 13.3 per cent from the same period, partly due to the loss of income from divested businesses. AT&T shares advanced 4 per cent on Thursday....
...We have two divisions under TIFIN: One is a consumer-facing division that we call Magnifi, and we have a B2B division, which we call TIFIN Wealth that takes all [those] personalisation capabilities and works...
...(Ethan Wu) One good read Ah, youth....
...MercadoPago has fast become one of the most lucrative parts of the business....
...Halliburton, one of the world’s top oilfield services companies, followed rivals Schlumberger and Baker Hughes by reporting a surge in profits as the oil industry roars back to life....
...Yet that is less likely if the game remains one of beating all-comers....
...In 2012, the group was reportedly held responsible for more than £10mn worth of criminal damage....
...A version of this article was first published by Nikkei Asia on June 8, 2022. ©2022 Nikkei Inc. All rights reserved....
...The question gave the US pharma group a sense of urgency in the development of a coronavirus vaccine. Speed was crucial, so Pfizer had to change how it worked....
...Revenues at the cloud divisions of Amazon, Microsoft and Alphabet collectively grew 42 per cent from a year ago, according to research group Canalys....
...“I do not feel that I should have to pay $740 of service, late and collection fees that were charged . . . as a result of a mistake made by [Home Partners],” Evans told customer service representatives,...
...Financial services International payments became a weapon of propaganda this week....
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