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...Among the assets they have acquired include supermarket chains Asda and Wm Morrison, as well as important infrastructure such as airports....
...Corporation, despite both companies being on a US trade blacklist....
...China International Capital Corporation says south-east Asia has only seen the “tip of the iceberg” of Chinese companies wanting to explore opportunities in the region, as the state-backed investment bank...
...Chris Deluzio, a Democratic congressman from western Pennsylvania, also said the report added to the national security risks in the proposed sale of US Steel to a foreign buyer....
...Families are one thing but the locals are not thrilled by the arrival of large corporations....
...Apple’s global iPhone shipments declined 9.6 per cent in the first three months of 2024 compared with the same period in 2023, according to a report from the International Data Corporation....
...sold worldwide this year, the International Energy Agency said on Tuesday....
...Martin Gruenberg, chair of the Federal Deposit Insurance Corporation, warned of “significant downside risks to the banking industry”....
...Taiwan Semiconductor Manufacturing Corporation publishes monthly sales figures....
...Samsung regained its position as the world’s largest smartphone maker by volume in the first quarter, according to market researcher International Data Corporation, just three months after Apple claimed...
...In January, the International Energy Agency was projecting a “substantial surplus” of oil supply....
...LVMH, the world’s largest luxury group, reported its weakest quarterly sales growth since the pandemic recovery as Chinese demand subsided and champagne sales fell....
...The German group is the single largest member of Swiss-based Intersport International Corporation, which operates in 42 countries and is one of Europe’s leading sports retailers generating €13.7bn in revenue...
...The other half of what was a two-pillar deal — getting multinationals to pay more tax in countries where they have sales and profits but little physical presence — would benefit the developing world more...
...Furthermore, the authors find that this is not merely a “sin stock” effect, where disreputable corporations (makers of booze, guns, tobacco) trade at a discount....
...While you rightly note the “strong economic data”, there is in fact no sign at all of Powell’s hoped-for below-trend growth....
...US property: New home sales figures measuring the number of new single-family properties that were sold last month. Five more top stories 1....
...Chart of the day Apple lost its lead in the global smartphone market to Samsung in the first quarter of the year as iPhone sales fell 10 per cent....
...The airport sale is expected to boost the Athens stock market and signal the country’s return to normality after its decade-long debt crisis....
...the balance sheet . . . ” We finally have some international evidence on how QT works....
...However, the sale to Renaissance still requires approval from the Nigerian government and similar exits by other international oil companies have proven to be complicated....
...Also, BRC-KPMG February Retail Sales Monitor....
...The Barcelona-based conglomerate has said its 2023 sales would surpass €4bn, sharply up from €1.2bn when the deal spree began in 2011....
...True, the biggest of the bunch is Wm Morrison, a company for which it would be virtual insanity to list elsewhere. After that, you get a far more global bunch....
...Sales for foreign luxury cars in South Korea are down since the rule took effect this year. Bentley sales even dropped 77 per cent in the first quarter, and analysts are blaming it on the neon green....
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