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...Net losses stood at $575mn in the first quarter compared with consensus estimates of $531mn, widening sharply from $60.9mn in the same quarter of the previous year....
...Choi Yeon, a 32-year-old employee of a US chemical company, goes to her office in Seoul’s bustling Gangnam business district only once a week, while working from home in the suburbs for the remainder....
...andrew.hill@ft.com...
...Jeremy MyersonI think we’re not going to see the sterile business districts, the central business district, monocultural, every city defined by this cluster of office towers....
...Apple has also come under intense pressure from regulators on both sides of the Atlantic. The US Department of Justice brought an antitrust lawsuit against the tech group in March....
...London-listed 888 has also been under pressure to reduce the debt it took on to fund the 2021 acquisition of William Hill’s international operations. Corporate rebrandings, however, can be risky....
...In the US, annual print volumes fell 3 per cent year on year in 2023 to 767mn, according to advisory group Circana....
...The US Securities and Exchange Commission is seeking $2bn in penalties from Ripple Labs after a US federal court found the cryptocurrency group had violated securities laws by improperly selling some tokens...
...In 2022, the family winery Joseph Phelps was swallowed up by the luxury group LVMH, which had already acquired a substantial stake in Colgin on prized Pritchard Hill from Ann Colgin and Joe Wender....
...The 11 walks she sets out on through houses, parks, coasts and hills confirm, she writes, that “exploring the history of Britain’s countryside is not incompatible with a love for it”....
...Net income was $23.7bn, up 57 per cent from $15.1bn in the same period a year earlier, beating analysts’ consensus of $19.1bn....
...Meanwhile, the entity in question — Change Healthcare — is restoring its systems, after reportedly paying a $22mn ransom to the BlackCat hacker group. But investors should pay close attention....
...But the lowly rating of seven times forward consensus earnings prices in the opportunity....
...Lululemon was on the money for its fourth quarter but signalled that the current one will come in below consensus forecasts. Nike was similarly leery....
...the groups had already paid in 2023....
...“We sabotaged Tesla today,” the group said, according to German news agency DPA. Police said they had been informed of the fire, in the district of Gosen Neu Zittau, at 05:15 local time....
...earnings before interest, tax, depreciation and amortisation for 2024 to come in at the “low end” of the consensus range of between £340mn and £397mn....
...Capitol Hill on Wednesday finally reached consensus on something (anything!) when the House of Representatives voted overwhelmingly to force China to sell TikTok....
...James Whelan, president of the Real Estate Board of New York, the industry trade group, called her a trailblazer....
...I see my role as steering the discussion to where I think you can find consensus....
...This group of investors generally views Robotaxi (i.e. fully autonomous vehicles running on the Tesla network) as a very long-dated opportunity....
...For some decades, Hawaii has been a favourite playground for Japanese tourists, consistently in the top three most visited overseas destinations and the go-to spot for golf-tours, group getaways, marriage...
...Jewish groups in the US, for example, accuse it of giving pro-Palestinian voices more prominence in its algorithm than pro-Israeli ones as the war in Gaza has unfolded....
...That is particularly true of the shareholding in Octopus. The UK group includes a retail division, an IT platform and a nascent business selling EVs and heat pumps to consumers....
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