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...When the probe was opened, the EU’s top competition enforcer Margrethe Vestager said “chocolates, biscuits and coffee are products consumed by European citizens daily”, and that the commission would look...
...It recorded a net loss of almost $91mn in 2023....
...In the midst of its landmark lawsuit against Apple, the antitrust enforcer noted disapprovingly of the company’s $77bn buyback scheme in 2023: not because it was a lazy deployment of capital but as an indicator...
...JPMorgan Chase, Bank of America, Wells Fargo and Citigroup collectively made $253bn in net interest income (NII) for the whole of 2023 — a 19 per cent jump from 2022’s total....
...Apple’s App Store has drawn scrutiny from courts and antitrust enforcers around the world....
...“All of that then leads you to a view of net zero happening later,” Grant Dougans, a partner at Bain, told Energy Source....
...Bloomberg in 2021 estimated his net worth at more than $1bn. Handler started his career at Jefferies 34 years ago as a trader and became chief executive in 2001....
...Those figures, as well as adjusted net income of $1.47bn, all beat the expectations of analysts polled by Bloomberg....
...Citi reported net income of $3.4bn in the quarter, down 25 per cent from a year ago but better than the $2.3bn that analysts had forecast....
...But 18 months ago the queen of influencers — estimated net worth $1.7bn — was suffering more painful headlines, after having agreed, without admission of wrongdoing, a settlement of $1.26mn with US regulators...
...A US federal judge has blocked JetBlue Airways’ proposed $3.8bn acquisition of Spirit Airlines, in a victory for the Biden administration’s top antitrust enforcer at the Department of Justice....
...There is also the prospect that Joe Biden — and by extension his zealous antitrust enforcers, including Jonathan Kanter, the DoJ’s assistant attorney-general for antitrust — will be swept out of office in...
...The latter, whose core customers are lower income Americans living in rural areas, eked out a 0.7 per cent rise in same-store sales but suffered a 39 per cent drop in net income during the fourth quarter...
...But even without their net inflows of $11bn in the three months to the end of March, active ETFs as a whole still attracted record amounts of investor money....
...Some have suggested that finance could play the role of enforcer by approving long-term loans for retrofit work as part of a mortgage....
...Having Blizzard game licences in its portfolio is not just about the boost to its net income. Crucially it gives NetEase an edge over Tencent, its biggest local rival....
...And net-net the winners are not the gamblers but the casino....
...“No matter the company’s attempt to switch focus from subscribers to financials, net [subscriber] adds is the key metric everyone wants to see,” he said....
...His quant trading firm Susquehanna International Group owns roughly 15 per cent of the company, and the stake represents a significant chunk of his net worth....
...In the year to February, it generated net sales of $1.7bn and pre-tax profit of $131.6mn....
Cryptocurrency down 16% from its peak as net fund flows turn negative
...SAP’s announcement “does go to show this is not a net job loss; it’s more of a reskilling”, said TD Cowen analyst Derrick Wood....
...Both of these fields are likely to be test cases for the ease of developing new oil and gas assets in the UK despite pressure to reduce carbon emissions in line with the country’s net zero commitment....
...Lex calculations suggest the programme could have accounted for as much as 70 per cent of Delta’s net income in 2023....
...Forty-nine per cent of the ETFs that reduced fees in 2022 experienced increased net flows in 2023, Ignites Europe analysis of Morningstar data finds....
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