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...The companies operating the brands under a franchise model have also stressed that the fast food businesses are domestically owned....
...Brad Lightcap, OpenAI’s chief operating officer, said: “Our partnership and ongoing dialogue with the Financial Times is about finding creative and productive ways for AI to empower news organisations and...
...The stricter government procurement guidance also seeks to sideline Microsoft’s Windows operating system and foreign-made database software in favour of domestic options....
...The firm’s adjusted operating expenses were $1.1bn, up 4 per cent from the prior quarter and 6.5 per cent from the year-earlier quarter....
...The combination of Informa’s strong operating performance and the Microsoft partnership meant the London-listed company was on track to hit the upper end of its market guidance on revenues, adjusted operating...
...But the Japanese carmaker’s forecast of a significant fall in operating profit for the current financial year tells the true story: it is still playing catch-up on battery electric vehicles....
...Costs of phone hacking claims are covered by US broadcaster Fox under the terms of the split of News Corp and 21st Century Fox....
...In the three months to the end of March, Toyota’s operating profit rose 77 per cent from a year earlier to ¥1.11tn, boosted by a sharp decline in the yen against the dollar....
...At Kohl’s, they generated 381 per cent of total operating income, meaning without credit cards, the company would have made an operating loss. Late fees are a big money spinner....
...The progress was reflected in a 60 basis point increase in the overall operating margin to 2.4 per cent....
...Free computer operating system Linux is the flagship product. But openness was behind the development of the internet itself. AI has produced a new fight between open and proprietary tech....
...“These incentives allow operators to receive a higher cut of production in order to recover capital and operating costs on projects....
...“We owe it to our investors and partners to consider our pre-emption rights in place under our joint operating agreement to ensure we preserve our right to realise the significant value we’ve created and...
...The Japanese carmaker, for now, has an edge over lossmaking Chinese EV start-ups with an operating profit margin of more than 11 per cent. It needs to move fast to take advantage of shifting trends....
...Xiaomi’s operating margins have nearly tripled in the year to December on strong smartphone sales, where its gross profit margins reached 15 per cent last year....
...Exxon argues that its right to pre-empt the sale of the stake in Stabroek is baked into a joint operating agreement with Hess and Cnooc....
...Vanke said its “current operating fundamentals are normal, its finance channels are stable and its refinancing is operating normally”. Additional reporting by Cheng Leng and Andy Lin in Hong Kong...
...Alphabet, for instance, boosted its operating profits by nearly $4bn last year after it increased the expected life of its servers and networking gear to six years, spreading the cost of buying new equipment...
...She said the company was performing well, noting cash flow from operating activities of $14.7bn was about $1bn above consensus....
...But with AI, it could be locking itself into high operating expenses that it will struggle to escape from. Quick links BHP has made a $39bn bid for Anglo American....
...The elegance and controversy of effective activist investing is the ability to get companies to make big operating or financial changes without paying a full control premium to all existing shareholders....
...Endeavour owns four operating mines in west Africa. The $5.9mn payment related to the Agbaou mine in the Ivory Coast, which Endeavour sold to Canadian miner Allied Gold....
...OpenAI’s chief operating officer Brad Lightcap told the Financial Times that the next generation of GPT would show progress on solving “hard problems” such as reasoning....
...Xiaomi’s five-seater boasts an operating system that also works with its smartphones and home appliances such as air conditioners and rice cookers, allowing users to control all types of devices while on...
...F1’s operating profit increased by 64 per cent to $392mn in 2023 from a year earlier, as revenues surged to $3.2bn from $2.5bn. Dorna’s revenues totalled €483mn in 2023....
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