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...“The diversification into logistics also helps because it is less capital-intensive and less cyclical.”...
...“[Chinese companies] didn’t have distribution partners in our region . . . and they were actually helping us to grow” by extending credit lines, he explains....
...Frankfurt-based asset manager Deka, which is a top 10 shareholder in Munich Re and a top 20 shareholder in BASF according to data from S&P Global, last year adopted a similar voting policy to ISS....
...Bit Brother, a Chinese tea retailer that has branched out into cryptocurrency mining, is an unlikely candidate to top the trading leader boards in the vast US stock market....
...Delta Air Lines is the notable outlier. It is the top performing US airline stock over the past year....
...Bigger US prizes down the line include Nvidia-backed software group Databricks, valued at $43bn in a funding round last year and payments group Stripe, worth about $50bn....
...That is on top of Amazon’s fleets of vans, long-haul trucks and planes. FedEx ended its partnership with Amazon in 2019. UPS has tried to wean itself off Amazon....
...Additional reporting by Eung Sea A version of this article was first published by Nikkei Asia on March 12. ©2024 Nikkei Inc. All rights reserved....
...Fourth-quarter revenue of $2.2bn was up 17 per cent from the year before, the slowest pace of growth for any quarter in 2023 and largely in line with analyst expectations....
...For connoisseurs of the unique form of abstract art that adorns modern-day bond prospectuses, here’s the structure diagram: Writing margin loans against paintings is not a particularly new business line...
...The Red Sea diversions have added up to two weeks to each journey between Asia and northern Europe, on top of the normal journey time of about 35 days....
...It was rated ‘BBB’, in line with the government of Indonesia....
...“Seattle is a logistics business. It is grind and detail and logistics, and that is what has been missing there over the last 12 months....
...Cook’s visit comes amid tumbling sales in China, which contributed $21bn to Apple’s top line in the fourth quarter, or 17 per cent of sales....
...A version of this article was first published by Nikkei Asia on April 4 2024. ©2024 Nikkei Inc. All rights reserved....
...That’s according to Nikki Doucet, the former investment banker handed the task of leading the top two tiers of women’s football in England into the future....
...Amazon and Nvidia are less secure but still enjoy deep competitive moats in their niches (retail platform data and logistics and class-of-their-own AI chips)....
...A version of this article was first published by Nikkei Asia on January 26. ©2024 Nikkei Inc. All rights reserved....
...Such invisible logistics costs end up being loaded on retailers, and ultimately on shoppers. It is not immoral to sell time (or the right to save it) in this context....
...Its bottom line in China is also set to take a hit this year as it loses a 15 per cent preferential tax rate, which remains available to many of its local competitors....
...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...
...The companies — the world’s top two sellers of EVs — have cut prices in order to stimulate demand as they face increased competition, especially in China....
...As the companies have matured, user growth has settled into the low double digits (note Twitter has some missing data and Pinterest reports monthly rather than daily active users, but the slopes of the lines...
...Letter in response to this article: Shipping lives with arcane world of geopolitics / From Enrico Vergani, Partner and Lead on Shipping, Transport & Logistics, BonelliErede (lawyers), London EC4, UK...
...Carnival and Royal Caribbean, the two sector leaders, are among the top 10 performers on the S&P 500 this year....
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