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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
Travel & leisure industry
Spain supplants UK as top hotel investment destination amid buoyant demand
...Hatton said the subdued hotel investment volumes in the UK were “not a result of lack of interest”, but “minimal product brought to market”....
April 14, 2024
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
Google LLC
Google considers charging for AI-powered search in big change to business model
...Google reported $175bn in revenue from search and related ads last year, more than half its total sales, posing a conundrum for the company over how to embrace the latest AI innovations while preserving...
April 3, 2024
LexRetail sector
Home Depot has bet $18bn on US housing market paralysis Premium content
...On that basis, its $18.25bn acquisition of speciality building products supplier SRS Distribution, including debt, offers good news and bad....
April 2, 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
Tesla Inc
Tesla to cut 10% of global workforce
...Drew Baglino, senior vice-president leading Tesla’s engineering and technology development for batteries, motors and energy products, announced on X today that he would leave after 18 years at the auto group...
April 15, 2024
FT Live
Future of the Car
The technology and new business models shaping the next decade in automotive
Tuesday, 7 MaySancroft, Paternoster Square, London EC4M 7DQ, UK
Covid-19 vaccines
Hedge fund urges board shake-up at Novavax over struggling Covid vaccine
...Novavax is this year rolling out its second product: a malaria vaccine approved by the World Health Organization, which will help to grow its revenues from $531.4mn last year to a projected $854.2mn this...
April 15, 2024
Chinese economy
Fitch cuts China credit outlook to negative on ‘uncertain economic prospects’
...It has also sought to curb the spending of indebted local governments traditionally reliant on land sales for revenues....
April 10, 2024
Tesla Inc
Tesla and BYD sales fall as concerns mount over electric shift
...of its sales, are “saturated products”....
April 2, 2024
PepsiCo Inc
Pepsi revenue slows after US consumers flinch at higher prices
...Pepsi said the deceleration was largely due to a recall in Quaker granola products over salmonella concerns and weak sales in North America....
February 9, 2024
Apple Inc
Tim Cook praises China’s ‘critical’ role in Apple’s business
...Cook’s visit comes amid tumbling sales in China, which contributed $21bn to Apple’s top line in the fourth quarter, or 17 per cent of sales....
March 21, 2024
Apple Inc
Apple Watch sales ban can resume, US appeals court rules
...It casts further uncertainty over when sales of the two products — which were released in September — can resume, even as Apple faces concerns over the strength of its hardware sales....
January 18, 2024
Special ReportOnline MBA 2024
Barbie buzz and brand value. Is it real?
...He added that Mattel was “now thinking of people who buy our products not just as consumers, but as fans.”...
March 10, 2024
Inside BusinessRichard Waters
Apple’s slow-burn approach to products
...It arrives to unusually low sales expectations for a landmark product from a company with a reputation for defining important new consumer tech markets....
January 25, 2024
Apple Inc
Apple cancels secretive electric car project in shift to focus on AI
...Known as “Project Titan”, Apple’s electric vehicle project was an example of its attempts to diversify beyond its hit product, the iPhone, which still makes up about half of its global sales....
February 27, 2024
FT Live
Transforming the Finance Function with AI
Strategies for delivering advanced analytics, automation and decision-making
Thursday, 25 AprilDigital Conference
News in-depthNews in-depth15 min
Building blocks: Lego's next move | FT Film
...So I put a 50 per cent off sale on my store, which is the reason I sold 191,000 bricks....
March 21, 2024
Exchange traded funds
Regulator fines broker-dealer for recommending leveraged ETPs
...The SEC should require brokers to provide additional warnings and disclosures about certain non-traditional ETFs and ETPs at the point of sale, the SEC Investor Advisory Committee recommended last June....
April 4, 2024
Special ReportFTfm: Exchange Traded Funds
Financial advisers seek guidance on recommending bitcoin ETFs
...Already, several of the major broker-dealers have approved bitcoin ETFs for sale on their platforms — although Vanguard has, notably, declined to offer any of the products....
March 25, 2024
Apple Inc
Apple reaches $490mn settlement over Tim Cook’s China demand comments
...Investors claimed Cook overstated demand for Apple’s products in the country on a November 2018 earnings call, only for the company’s stock to fall almost 10 per cent in January 2019 when it said it would...
March 15, 2024
News in-depthNikkei Asia
Bicycle parts maker Shimano seeks growth with Singapore plant
...A version of this article was first published by Nikkei Asia on March 6. ©2024 Nikkei Inc. All rights reserved....
March 12, 2024
Reddit Inc
Reddit plans share sales to platform’s users as it moves ahead with IPO
...San Francisco-based Reddit reported sales of $804mn in 2023, according to the prospectus, up 21 per cent year on year....
February 22, 2024
LexRenesas Electronics Corp
Renesas’s shopping spree shows concerns about Japan Inc’s dealmaking Premium content
...Renesas will pay A$68.50 ($44.53) a share for Altium, which had sales of $263mn for the year to June, a premium of over a third to its Wednesday closing price....
February 15, 2024
Unhedged
Where Tesla departs from the Mag 7 Premium content
...Yet sales, the same data set predicts, will lag even further behind. EV interest last year resulted in sales of 9.5mn vehicles, but the figure is only expected to be 9.8mn this year....
April 3, 2024
Technology sector
Taiwan’s Acer and Asustek step up ‘Make in India’ plans
...A version of this article was first published by Nikkei Asia on February 7. ©2024 Nikkei Inc. All rights reserved....
February 12, 2024
Inside BusinessRichard Waters
The EU’s giant experiment in tech micromanagement
...their own sales proposition....
March 7, 2024

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