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...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....
...The company expects full-year organic sales growth in a range of about 4 per cent for the full year. In North America, real internal growth was down 5.8 per cent on falling sales of frozen food....
...In one way, Musk’s wish has already come true. Tesla is valued like a pure AI and robotics company, even though it isn’t one yet....
...Lululemon, where a pair of yoga pants can set you back £108, saw a slower start to the year in North America....
...That has unnerved the lawyers who believe the state’s reputation for predictability is eroding, potentially risking its status as the premier place for US businesses to incorporate....
...They stayed true to form here,” writing in a post on X....
...“You would think that any PBM would want to offer all the biosimilars available; creating that true competition would move the market,” said Mark Cuban, the US billionaire whose pharmaceutical discounter...
...The industry is divided over what recent data tells us. One school of thought is that EV sales growth in Europe has, thus far, been from wealthy early adopters and corporate buyers....
...Installing charging points has also not kept pace with sales in some markets, with the number of EVs per charging point rising in Norway, the US and UK....
...Given its £971mn market value, it is not clear what US index it would get into....
...The combined group would have revenues of about £4.7bn in North America, JD Sports said, adding that the region’s contribution to sales would increase to about 40 per cent, from current levels of about 30...
...If a sale were limited to US users, the revenue used in the calculation would be smaller....
...“Transparency in fees will help consumers have a better understanding of the true cost of flying,” the non-profit said....
...It is true that the slower EV shift could put targets for the green transition at risk, including the EU’s attempt to eliminate sales of new petrol and diesel cars by 2035, and the more gradual US approach...
...“By negotiating directly with merchants, we have reached a settlement with meaningful concessions that address true pain points small businesses have identified,” said Kim Lawrence, president of Visa North...
...Email us about anything else: robert.armstrong@ft.com and ethan.wu@ft.com. NYCB gets worse It is a sign of our times that a pretty big US bank is in deep crisis and nobody much cares....
...Last week was the busiest in a year for sales of so-called convertibles....
...US new home sales: Economists have forecast that sales of new homes in the US increased in March to an annualised pace of 670,000 units, up from 662,000 in February....
...“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....
...The sale to Ithaca — which is majority owned by Israel’s Delek Group — includes British assets that Eni took on with Neptune....
...Share awards that employees received instead of cash bonuses become eligible for sale one year after they have vested, according to the documents....
...If the US raises interest rates again this year, higher car financing costs could further dent demand....
...They may yet figure it out, but as of now, none of Twitter, Pinterest or Snap has consistently generated true free cash flow....
...Sales of higher-margin discretionary items like home decor were down 12 per cent....
...We are delighted to put this chapter behind us.”...
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