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Payments company has become a Silicon Valley bellwether as its valuation has risen and fallen over the past few years
...France’s deficit last year ended up at 5.5 per cent of GDP, worse than a 4.9 per cent forecast....
...The company expected net cash flow to turn “consistently positive” in the first half of next year....
...Turns out the portfolio goes up and down a lot more . . . . . . where the main beneficiaries are going to be investors with access to a time machine: This is Citi’s third note to clients since October...
...Credit cards accounted for less than 5 per cent of total sales at the three companies in 2022....
Good governance is not necessarily a guide to a company’s environmental credentials
...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....
...The paralysis has prompted house-hunters to turn to new builds. Professional homebuilders and their suppliers have benefited....
...Grayscale has priced its ETF fees at 1.5 per cent, in contrast to rivals such as BlackRock, Fidelity, Ark Investment and Bitwise, which have slashed or temporarily waived fees to attract new customers....
The narrative of a perfect correlation between doing good and doing well has broken down
...The hunt to find more assets to meet margin requirements comes after updated regulatory guidance to defined-benefit pension schemes using LDI outlined a minimum “market stress” buffer to withstand a 2.5...
...The Fed has since December signalled it expected to cut its key interest rate by the equivalent to three quarter-point cuts, from the current range of 5.25 to 5.5 per cent....
...Somebody’s model may turn out to be almost right....
...Prices in Rutland, England’s smallest county, have risen by 6.5 per cent over the past year to an average of £393,750, meaning they are now 28 per cent higher than in 2019, according to analysis of Office...
...Deutsche Bank and BNP Paribas both handed out lower annual bonuses to their teams, with their pools down 5.5 per cent and about 5 per cent, respectively....
...Will a reboot be a chance to U-turn on this slow domestication? Will he exchange his sexual appetites for something new?...
...Inchcape shares traded on the London Stock Exchange rose 5 per cent per cent on Monday....
...GymGroup, with 233 sites and 850,000 members, reckons to be on track for revenues growth of 4-5 per cent this year, after an 18 per cent jump last year....
...Although profits are expected to be lower for many this year, shares in some of them may get a boost if Basel III capital requirements turn out to be not as bad as feared....
...The streaming pioneer reported earnings of $5.28 a share, well ahead of Wall Street forecasts of $4.51. Operating income totalled $2.6bn, up from $1.7bn a year ago....
...The tech-heavy Nasdaq Composite slipped 0.5 per cent, threatening to end a six-session win streak....
...Last week, the iPhone-maker also made an abrupt U-turn on its decision to remove web-based apps in the EU under pressure from the competition watchdog, which Apple initially claimed was required under the...
...Moreover, Lyft for now can only aspire to turn half of accounting-based ebitda into actual free flow....
...Five US carriers have raised bag fees by $5 in the past two months, starting with Alaska Airlines and JetBlue Airways in January and February, then American Airlines, United Airlines and Delta in a two-week...
...Renesas shares on the other hand fell as much as 5 per cent and closed down 2.5 per cent, in stark contrast to a nearly 30 per cent jump in Altium shares....
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