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...For airlines, demand for international cargo and flights is starting to recover, with the weak yen further boosting profits for sales made in foreign currencies....
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...But the company was ultimately unable to get permission to operate locally....
...A tricky transition I put this to Jennifer Motles, chief sustainability officer at Philip Morris International, the biggest listed tobacco company by market capitalisation and second only to Imperial Brands...
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...This is a lucrative but often overlooked side business that should help to insulate the company against some of the aforementioned cyclical problems....
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...The disposal of the retail unit, which has lower margins compared with its international car distribution arm, will help improve the group’s profitability....
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...Since the US Supreme Court in 2018 struck down a federal law banning sports wagering, the US market has been seen as a new source of rapid growth, particularly for international betting companies that faced...
...“There is a shift in power among the top five companies, which will probably continue,” said Nabila Popal, research director at IDC....
...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....
...climate change,” said Pedro Pizarro, chief executive of Edison International, the owner of Southern California Edison, one of the country’s biggest utilities....
...A report from Counterpoint Research last month said iPhone sales in the country fell 19 per cent year on year in the first three months of the year, while market researcher International Data Corporation...
...Sony and private equity group Apollo have told Paramount Global they intend to make a $26bn cash offer for the entertainment company....
...international rivals for talent....
...BlackRock last summer added Amin Nasser, chief executive of state oil company Saudi Aramco, to its board of directors....
...London-based “turnaround investor” Aurelius stepped up, striking a deal to buy The Body Shop in a transaction valuing the company at £207mn....
...In another Bank of England speech this week, Rebecca Jackson — the Bank’s executive director for Authorisations, Regulatory Technology & International Supervision — outlined how banks aren’t really set up...
...The Tesla chief also met Ren Hongbin, chair of the China Council for the Promotion of International Trade, a commerce ministry group, according to Chinese state media....
...Production companies’ returns diminish as competition pushes returns back to the cost of capital. But some knowledge companies demonstrate increasing returns....
...If found guilty, companies face fines of up to 10 per cent of global turnover....
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