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...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....
...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...
...The industry is divided over what recent data tells us. One school of thought is that EV sales growth in Europe has, thus far, been from wealthy early adopters and corporate buyers....
...Installing charging points has also not kept pace with sales in some markets, with the number of EVs per charging point rising in Norway, the US and UK....
...Given its £971mn market value, it is not clear what US index it would get into....
...iPhone sales plunged 24 per cent In the first six weeks of the year, according to a Counterpoint Research report....
...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....
...Rising delinquencies as well as faltering retail sales growth will add to the pressure....
...Alabama-based Hibbett has 1,169 stores located in 36 states across the US. In the year to February, it generated net sales of $1.7bn and pre-tax profit of $131.6mn....
...Sales of higher-margin discretionary items like home decor were down 12 per cent....
...If the US raises interest rates again this year, higher car financing costs could further dent demand....
...The most obvious way for TikTok to avoid a ban is through a sale that separates the app and its US user data from its Chinese parent company. However, this is unlikely....
...This has already hurt Apple’s sales in China, and tariffs may hit margins in the US before long. Legal trouble....
...The US Securities and Exchange Commission is seeking $2bn in penalties from Ripple Labs after a US federal court found the cryptocurrency group had violated securities laws by improperly selling some tokens...
Potential sale comes after Apollo’s $26bn offer was rebuffed
Shares drop after car sales slip in first quarter
...The FTC’s move imperils efforts to build a US challenger seeking to shore up the gap with European conglomerates LVMH and Kering, which have grown to dominate sales of luxury handbags, shoes and clothing...
...Before leaving office in 2020, President Donald Trump tried to ban the app in an executive order that also sought to force the sale of TikTok....
...If a sale were limited to US users, the revenue used in the calculation would be smaller....
...Panuwat, for his part, says his purchase of Incyte shares had nothing to do with the sale of Medivation, where he was in the middle of deal discussions....
...As America’s largest home-improvement retailer, Home Depot is often seen as a proxy for the US housing market....
...Moderna generated sales of $18.4bn in 2022 from its Spikevax vaccine....
...Most big US carmakers have reported a drop in electric vehicle sales due to softening consumer demand, a shift in preference to hybrids and increased competition from low-cost options from Chinese brands...
...Naked short sales have been banned in the US since 2005. G1 declined to comment. Virtu and Jane Street did not immediately respond to requests for comment....
...In the US, merchants paid a record $172bn in processing fees to accept $11.2tn in card payments last year, according to the Nilson Report....
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