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...The bloated share counts push up trading volumes but can weigh heavily on stock prices, particularly for lossmaking groups....
...The people with knowledge of Tesla’s plans said it would send a team from the US by late April to study sites for the plant, focusing on states with existing automotive hubs, including Maharashtra and Gujarat...
...Bankers have sounded out potential buyers for a minority stake in Sotheby’s as its owner Patrick Drahi comes under pressure to sell assets at his indebted telecoms group Altice.Those approached included...
...The takeover of Inchcape’s dealerships will give New York-listed Group 1 Automotive which has outlets in London, sites in the northern part of the UK....
...But you can still email us: robert.armstrong@ft.com and ethan.wu@ft.com....
...Email us: robert.armstrong@ft.com and ethan.wu@ft.com Apple the formerly magnificent Only five of the Magnificent 7 tech stocks are performing magnificently in 2024....
...Scaringe said that executives at the company still “firmly believe in the full electrification of the auto industry, but recognise in the short term the challenging macroeconomic headwinds”....
...Email us your chocolate alternatives: robert.armstrong@ft.com and ethan.wu@ft.com....
...Most of it is expected to flow through to the ship’s reinsurers, a large group including Axa XL, a division of the French insurer. Axa said any impact would be “non-material” at group level....
...of the group!)....
...People have strong opinions about the role of big tech in the US economy. If you have strong opinions about anything else, send them along: robert.armstrong@ft.com and ethan.wu@ft.com....
...No doubt, a group that meets all three criteria is wheezing. But a glance at the paper’s appendix shows that the US is a rather different story than the rest of the developed world....
...Automotive groups have been especially affected by delays to ships, which have so far mainly affected container vessels carrying manufactured goods and semi-finished components....
...A&M has significantly expanded its international operations in recent years, including in the Middle East, competing with global advisory firms such as the Big Four professional services groups....
...The US and UK retaliated on Friday by launching a barrage of missiles and bombs targeting the group’s drone, missile, radar and air surveillance capabilities in Yemen....
...It had something to say about the demand among different income groups: Our mid- and higher-income members continued to increase both spend and trips [in the third quarter but] waning government aid has...
...The in is more important for now. That’s one for the future. Or maybe the near-term future. Messages recovered by Robert Shrimsley...
...Share your economic prayers with us: robert.armstrong@ft.com and ethan.wu@ft.com....
...Email us: robert.armstrong@ft.com and ethan.wu@ft.com....
...Falling market share and sales figures reported this month indicate the two groups face rising competition and the whiplash of US-China geopolitical tensions....
...The luxury sneakers do, however, successfully signal to a select group of people that you are rich. The problem is that to a different select group of people, they signal that you are an idiot....
...as adding “$0” towards the tech group’s value....
...The Japan Exchange Group, which controls the Tokyo and Osaka exchanges, told companies in March that it wanted to see progress towards lifting corporate value . . ....
...Regional banks, heretofore a hated group, rose strongly, too — another sign that investors expect relief on interest rates....
...“Accepting a studio-only offer would mean divorcing the rest of the company from one of the key engines that drives it,” said MoffettNathanson analyst Robert Fishman....
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