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News in-depthGames industry
PlayStation sales and blockbuster games propel console market back to growth
...PS5 sales grew about 65 per cent to 22.5mn units this year, according to Ampere estimates, while sales of the latest Xbox fell about 15 per cent to 7.6mn....
December 20, 2023
Sport
Bridgepoint rejected higher bid for MotoGP from Ari Emanuel’s TKO
...The private equity firm this week agreed a sale of Dorna Sports, which owns MotoGP, to Liberty for €4.2bn including debt....
April 5, 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
Inside BusinessRichard Waters
Question of pay-off from AI hangs over Big Tech earnings
...Nvidia has been the most visible beneficiary: sales of its data-centre chips tripled to $47bn last year. This year, Wall Street is expecting those sales to roughly double again, to nearly $100bn....
April 18, 2024
LexArtificial intelligence
How ‘open’ is generative AI really? Not very Premium content
...That highlights the importance of a pre-packaged product and a sales team which can explain its use cases. The distance between the two sides in this debate risks being overstated....
April 17, 2024
Global inflation
Is UK inflation still falling?
...US retail sales data for March, due out on Monday, will provide investors with another insight into the strength of the economy, after a sharp rethink on interest rate expectations this year....
April 14, 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
FT Live
Due Diligence Live
Where leaders in investment and finance meet
Tuesday, 8 OctoberLondon, UK
LexIndustrial goods
Rush for high voltage connectors will mean more cable hook-ups Premium content
...Encore brings with it $2.6bn of annual sales in low and medium voltage cables, mostly used in the building industry....
April 19, 2024
News in-depthStarbucks Corp
Customer boycotts leave bitter taste for Starbucks and McDonald’s
...McDonald’s has also been affected, warning this week that its most recent quarterly sales were hurt by boycotts related to the war....
February 9, 2024
LexToyota Motor Corp
Toyota testing scandals overshadow top sales ranking Premium content
...This followed an internal investigation which revealed that supplier Toyota Industries Corp had been manipulating test results to gain certification for its cars....
January 30, 2024
US banks
Loan growth stalls at largest US banks
...The lender said its Wall Street sales and trading businesses enjoyed their best start to the year in more than a decade....
April 16, 2024
Toyota Motor Corp
Toyota raises profit forecast as hybrid sales soar
...In the third quarter, hybrid sales increased 47 per cent year on year to 951,000, as total vehicle sales rose 10 per cent....
February 6, 2024
LexElectric vehicles
Xiaomi can still accelerate on its electric car launch Premium content
...Pre-orders for the new EV, which reached 89,000 in the first 24 hours of sales, bode well for investor sentiment and its growth outlook. june.yoon@ft.com...
April 2, 2024
Toyota Motor Corp
Toyota chair apologises for faulty data scandals and promises action
...Toyota chair Akio Toyoda has said he takes full responsibility for a spate of scandals at some of the group’s closest affiliates and will “take action” as the world’s largest carmaker by sales tries to regain...
January 30, 2024
Due Diligence
The legal fight imperilling a $53bn mega-deal Premium content
...And the legal geeks would be back to their labs to find some other formula that could yield a successful Hess sale....
February 28, 2024
Football
Police raid AC Milan headquarters in probe over sale of football club
...of transparency over the terms of the sale”, a lawyer for Blue Skye said on Tuesday....
March 12, 2024
FT Live
Transforming the Finance Function with AI
Strategies for delivering advanced analytics, automation and decision-making
Thursday, 25 AprilDigital Conference
LexNissan Motor Co Ltd
This Nissan-Honda team will struggle to match EV rivals Premium content
...An unexpected resurgence in global hybrid cars is pushing sales to record highs. That gives it more resources to catch up on electric offerings, with strong hybrid sales bridging the transition....
March 18, 2024
LexRobotics
The Japanese robots are coming, Europe Premium content
...For Fanuc, the country accounted for almost 30 per cent of its sales in fiscal 2022....
February 26, 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
InterviewExxonMobil
Exxon chief says Guyana clash will not hurt relationship with Chevron
...Exxon argues that its right to pre-empt the sale of the stake in Stabroek is baked into a joint operating agreement with Hess and Cnooc....
March 18, 2024
US Treasury bonds
CME bids to enter US Treasury clearing business
...Under the rules, all purchases or sales of Treasuries by broker-dealers or interdealer brokers will have to be routed through a clearing house from December 2025, while most repo trades must be cleared from...
March 12, 2024
Inside BusinessJune Yoon
BYD’s $230,000 electric sports car signals plan to take on VW and Toyota
...Total hybrid sales of about 1.2mn cars matched EV sales figures. For Toyota, hybrid sales increased 47 per cent year on year in the December quarter, far outpacing total group sales growth of a tenth....
March 5, 2024
McDonald's Corp
McDonald’s says boycotts over Israel-Hamas war have hurt sales
...Net sales fell 7 per cent year on year in the three months to the end of December to $4.28bn, with the majority of the fall due to softness in Asia sales. Net income decreased 21 per cent to $313mn....
February 5, 2024
Channel Four Television Corp
Channel 4 cuts fifth of staff and lines up London office sale
UK broadcaster blames need for cost reductions on steep falls in traditional advertising market
January 29, 2024
News in-depthToyota Motor Corp
Toyota’s $2bn Denso share sale spurs hopes of governance revolution for Japan
...Toyota has been considering portfolio sales since 2016 but Denso will be the biggest unwinding so far....
December 5, 2023
Aerospace & Defence
US political ‘chaos’ shuts Pentagon contractors out of military stocks boom
...The US government is a significant part of their businesses, accounting for 86 per cent of Northrop Grumman’s revenues and nearly three-quarters of Lockheed’s sales in 2023....
March 4, 2024

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