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InterviewArtificial intelligence
BCG says AI consulting will supply 20% of revenues this year
...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....
April 23, 2024
London
South by Southwest heads to London with week-long tech and arts festival
...South by Southwest, the Texan festival of music and tech that regularly attracts the world’s top entrepreneurs and artists, will come to Europe for the first time with plans for a new campus in east London...
May 8, 2024
FT Live
Investing in America
Foreign companies as drivers of US growth, resilience and competitiveness
Tuesday, 10 DecemberHybrid Conference
Airlines
US airlines under fire for raising baggage fees again
...But Southwest, which heavily markets its “Bags fly free” policy, endorsed it....
March 10, 2024
News updates from April 23: Tesla to speed up launch of ‘affordable’ models; US regulator bans non-compete agreements
Risers and fallers in the US
...JetBlue’s results brought a group of airline stocks lower with American Airlines, Delta and Southwest down 3, 0.4 and 0.8 per cent, respectively....
April 23, 2024
Airlines
Airlines call for accountability over Boeing’s quality problems
...Shares in American and Alaska closed up 10.3 per cent and 4.5 per cent, respectively in New York trading, while Southwest dipped 2.3 per cent....
January 25, 2024
News updates from April 25: US economy grew less than expected in Q1; Microsoft and Alphabet beat Wall Street estimates
What to watch in North America today
...Pending home sales in the US are expected to have increased 0.8 per cent in March after rising 2.6 per cent in February....
April 25, 2024
FT Live
Future of the Car 2025
The leading gathering for the automotive industry
Tuesday, 13 May 2025Sancroft, Paternoster Square, London EC4M 7DQ, UK
LexApple Inc
AI iPhones could liven up Apple sales Premium content
...By shifting its mix of businesses to services, Apple has kept margins expanding even as sales dip....
May 3, 2024
LexGeneral Mills Inc
America’s yoghurt love affair is over Premium content
...Finding a prospective buyer for a business with falling sales would be harder....
May 10, 2024
Electric vehicles
China’s EV sector to test offshore markets after Zeekr’s strong US IPO
...In the first half of April, sales of pure EVs and plug-in hybrids crept above half of new car sales in China for the first time, highlighting the decline of the industry producing cars with internal combustion...
May 12, 2024
LexElectric vehicles
Slumping EV sales should not ring alarm bells in Europe — yet Premium content
...One school of thought is that EV sales growth in Europe has, thus far, been from wealthy early adopters and corporate buyers....
April 23, 2024
LexAirlines
US airlines: Alaska-Hawaii regulators may have antitrust objections Premium content
...A slow recovery in tourism from Asia, growing competition from Southwest Airlines and the recent wildfires in Maui have all weighed on demand....
December 4, 2023
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
Electric vehicles
IEA bullish on electric vehicle sales in 2024
...Sales of battery electric and plug-in hybrid cars could rise more than 20 per cent to reach 17mn this year, up from just under 14mn in 2023, and grow to account for as much as two-thirds of global sales...
April 23, 2024
HTSI
Serena Sutcliffe, wine’s original XX factor
...Sutcliffe declines, most diplomatically, to pick a favourite wine sale or bottle – but she waxes lyrical about a recent tasting of an ’82 and ’83 Château Margaux....
May 10, 2024
LexDollar Tree Inc
America’s dollar stores are struggling Premium content
...Sales of higher-margin discretionary items like home decor were down 12 per cent....
March 19, 2024
FT Live
Due Diligence Live
Where leaders in investment and finance meet
Tuesday, 8 OctoberLondon, UK
LexPeloton Interactive Inc
Peloton and Carvana: the pandemic stars headed in different directions Premium content
...Profitability soared even as its sales volumes declined sharply. Now sales are rising. In the recently completed first quarter, units sold rose 16 per cent. Shares rallied by a third in response....
May 7, 2024
LexMergers & Acquisitions
Hedge funds crash and burn in JetBlue/Spirit fiasco Premium content
...As for JetBlue, it has been searching for a way to keep up with the big four US carriers — American, United, Delta and Southwest — who through their own dealmaking now control 80 per cent of the domestic...
January 17, 2024
Exchange traded funds
WisdomTree faces new battle with largest shareholder
...WisdomTree’s largest shareholder has launched a new attempt to oust its chief executive, pressing for a potential sale of the $107bn asset manager and criticising its recent push into decentralised finance...
May 7, 2024
Novavax Inc
Sanofi licensing deal doubles value of vaccine group Novavax
...But sales have lagged. “Novavax is now in a stronger position to refocus our efforts on leveraging our technology platform and novel adjuvant,” said John Jacobs, Novavax chief executive....
May 10, 2024
Lex PopuliInvestments
If you like a company, should you buy its shares?
...Sparta, which also wants a review to look at a sale, might fare better with bidders. But there is little reason to think a deal will be struck now, after last year’s interest faltered....
April 19, 2024
Paramount Global
Skydance in exclusive merger talks with Paramount
Potential sale comes after Apollo’s $26bn offer was rebuffed
April 3, 2024
Tesla Inc
Tesla shares surge after Elon Musk secures deal with China’s Baidu
...The company has also been hit by a global slowdown in EV sales growth and cut thousands of jobs. Tesla did not respond to a request for comment....
April 29, 2024
News updates from January 25: US economy grows 3.3% in fourth quarter, ECB keeps interest rate at 4%
What to watch in North America
...New home sales: Sales of new homes in December are forecast to have increased to 645,000 units on an annual basis, compared with 590,000 in November....
January 25, 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
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

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