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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
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
FT Live
Innovation in Wealth Management Summit
Augmented intelligence for client-centric services
Thursday, 2 May9 Montague Close, London, UK
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
Special ReportThe Americas’ Fastest Growing Companies
Its blockbuster cystic fibrosis treatment costs $300,000 a year. Now Vertex wants to solve the opioid crisis
...After becoming the fastest drug ever to hit $1bn in annual sales, it was rapidly supplanted by a superior treatment from rival Gilead....
April 26, 2024
Electric vehicles
China’s EV suppliers look to leverage superior tech to recouple with west and drive expansion
...BYD, the world’s biggest electric-vehicle manufacturer and key Tesla rival, has announced plans to build a factory in Hungary and is looking at production sites in Mexico, as it eyes sales in Europe and...
February 18, 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
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
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
Markets InsightCaroline Escott
Reddit’s IPO is a regrettable mis-step in corporate governance
...And many of those that did list dual-class shares eschewed Reddit’s particular model of long-term misalignment by limiting superior voting rights with automatic, time-based sunset provisions....
March 21, 2024
Walt Disney Co
Nelson Peltz backed for seat on Disney board by proxy adviser ISS
...In a statement, Disney reiterated its stance that Peltz “does not bring additive skills to the board, nor does he have a meaningful plan to deliver superior shareholder value”....
March 21, 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
Paramount Global
Skydance in exclusive merger talks with Paramount
Potential sale comes after Apollo’s $26bn offer was rebuffed
April 3, 2024
LexTesla Inc
Robotaxis are not the solution to Tesla’s problems Premium content
...The focus on robotaxis seems an attempt to draw attention away from falling sales. Inventory is piling up. Tesla has 28 days of unsold supply, up from 15 days last year....
April 23, 2024
Tesla Inc
Tesla’s biggest problem: cars
...Of Tesla’s total quarterly sales of $21.3bn, 82 per cent were indeed “automotive revenues” while the rest were energy and services....
April 26, 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
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
FT Live
Financial Adviser Service Awards 2024
Who gives you 5 star service?
Thursday, 21 NovemberNatural History Museum, Cromwell Road, London, UK
Financial services
How’s the PE Winter looking?
...Last year, 80 per cent of exits were sales to corporate buyers ($271bn). The next most popular exit was sales to other PE firms ($62bn)....
April 25, 2024
UnhedgedRobert Armstrong
Where increasing returns come from Premium content
...Economies of scale happen because unit costs fall when higher sales volume allows ever more refined divisions of labour; international trade allows highly specialised producers to find large markets; “learning...
February 5, 2024
Exchange traded funds
Flows to European ESG exchange traded funds halve in first quarter
...However, overall sales of European ETFs remained on a steady course in early 2024....
April 25, 2024
Jefferies Group Inc
Jefferies boss sells $65mn in stock to buy a customer’s yacht
...“My sale of shares today was a gift to myself and my family, and I do not intend to sell any further shares,” Handler said in a statement....
April 24, 2024
LexTesla Inc
Elon Musk is still intrinsic to Tesla’s future Premium content
Shares drop after car sales slip in first quarter
April 2, 2024
Ashmore
Institutional investors pull $2bn from Ashmore
...However, Ashmore said sales of some of its alternative assets generated a capital return, putting it on track to deliver performance fees in the second half of at least £8mn....
April 15, 2024
OutlookEleanor Olcott
The silent army that makes Beijing’s daily life possible
...The country has the largest ecommerce market in the world, with $2.2tn in sales last year, according to GlobalData....
April 24, 2024
News in-depthCovid-19 vaccines
Covid vaccine makers to clash in London over mRNA patent dispute
...Moderna generated sales of $18.4bn in 2022 from its Spikevax vaccine....
April 22, 2024
Apple Inc
Apple removes WhatsApp from China store under pressure from Beijing
...iPhone sales plunged 24 per cent In the first six weeks of the year, according to a Counterpoint Research report....
April 19, 2024
Drug prices
Copycats take bite out of AbbVie’s best-selling Humira drug
...When AbbVie’s record-breaking immunology drug Humira came off-patent early last year after generating more than $200bn in sales for the drugmaker over two decades, a number of cheaper copycat products, known...
April 25, 2024

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