Hints and tips:
Related Special Reports
...Elon Musk’s decision to lower the price of Tesla vehicles in China in late 2022 sparked savage price cuts across the auto industry, leading to squeezed margins for both legacy multinational auto groups in...
Snacks and drinks maker also hit by product recall for Quaker granola products
...A McKinsey global survey of autonomous vehicle executives, published this month, revealed an industry in a state of flux....
...The Arkansas-headquartered company brought in about $172bn in consolidated net sales in the three months to January....
...Plus, Warren Buffett is sounding the alarm over wildfires and the utilities industry....
...Wang initially focused on making rechargeable batteries, including for early cell phones, but expanded into the car industry in the early 2000s....
...Xin Guobin, vice-minister of industry and information technology, warned in January that Beijing would take “forceful measures” to address “blind” construction of new EV projects by some local authorities...
...China’s online gaming industry is the biggest in the world with annual revenues of about $45bn from 650mn users. Morgan Stanley analysts were less concerned about the hit to the sector....
...Hypothetically, if (let me say again: if) these losses were taken out of capital, it would move the industry’s tier one equity ratio from 10.9 per cent to 7.4 per cent. That’s a lot....
...The potential investments come in the face of an EU trade investigation into the Chinese EV industry and the Biden administration’s Inflation Reduction Act (IRA), which does not allow Chinese companies to...
...“For any doubters left in the west, I hope this is the final data point that points to BYD’s strength and, as importantly, how ‘China EV Inc’ has bullied its way on to the global stage,” said Tu Le, founder...
...The decision could make it harder to reshape the industry — particularly for lower-cost carriers — which has consolidated rapidly over the past two decades, leaving it dominated by the four big carriers:...
...Walmart on Thursday reported comparable sales growth — a closely watched industry measure — of 4.9 per cent in the third quarter, ahead of Wall Street forecasts of about 3.2 per cent....
...Company officials defended their upcoming streaming slate, pointing to new seasons of White Lotus, Hacks, House of the Dragon and The Last of Us....
...China’s online gaming industry is the biggest in the world with about 650mn users and annual revenues of $45bn last year, according to Goldman Sachs....
...It’s a good primer on the thinking within the industry as it heads to the CERAWeek conference next week. We’ll be there, so please drop me a line: amanda.chu@ft.com....
...But a white knight has yet to emerge....
...“There is a lot of economic gravity pulling towards consolidation in the airline industry,” McKone added. Additional reporting by Sarah White in Paris...
...“Here is a person of colour dominating in a traditionally wealthy, white sport”, said Rick Burton, professor of sports marketing at Syracuse University....
...Competition between the tech giants is ruthless, and new technologies — especially AI — are likely to reshape the industry in ways we can’t even imagine....
...Yet BYD’s recent rise has surprised many in the industry. This is partly because growth accelerated during the Covid-19 pandemic, when China’s borders were shut....
...ESPN Bet is not the only latecomer hoping to break into a market that has rapidly consolidated in the five years since the US Supreme Court overturned a 1992 law banning sports betting....
...This rapid growth is starting to push the industry beyond its usual hubs and into more countries, he added....
...The White House, which has the power to veto such bans from the ITC, opted not to intervene by a December 25 deadline....
...White & Case has hired Alan Bao as a partner in Beijing to join their mergers and acquisitions business. Bao joins from O’Melveny....
International Edition