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InterviewArtificial intelligence
BCG says AI consulting will supply 20% of revenues this year
...“Are there parts of the world where CEOs would rather take a lower profile on their ESG . . . and climate agendas? Absolutely, yes,” he said....
April 23, 2024
Mondelez International Inc
EU set to fine Oreo maker Mondelez for blocking cross-border sales
...US confectionery giant Mondelez will be fined millions of euros as early as next month for restricting sales of its products between EU member states, according to three people with direct knowledge of the...
April 16, 2024
FT Live
Evolving retirement strategies in an ever-changing world
What new regulatory developments mean for IFAs
Tuesday, 30 April1 Friday Street, London
Jo Ellison
What the charmless Ripley could teach Bond
...In the attempt to appeal to as wide an audience as possible, too many title characters are becoming homogenised....
April 13, 2024
Electric vehicles
IEA bullish on electric vehicle sales in 2024
...Both Tesla and BYD — the world’s first and second-largest EV manufacturers — reported a strong drop in sales in the first three months of this year compared with the previous quarter....
April 23, 2024
Trump Media & Technology Group
Ken Griffin’s trading firm blasts Trump Media boss as ‘loser’
...TMTG replied: “Citadel Securities, a corporate behemoth that has been fined and censured for an incredibly wide range of offenses including issues related to naked short selling, and is world famous for...
April 19, 2024
Chinese economy
Fitch cuts China credit outlook to negative on ‘uncertain economic prospects’
...It has also sought to curb the spending of indebted local governments traditionally reliant on land sales for revenues....
April 10, 2024
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
Apple Inc
Apple removes WhatsApp from China store under pressure from Beijing
...iPhone sales plunged 24 per cent In the first six weeks of the year, according to a Counterpoint Research report....
April 19, 2024
UK inflation
UK grocery inflation drops to pre-Ukraine war level
...Sales of branded goods pushed just ahead of own-label items, with sales increasing by 6.1 per cent and 4.7 per cent, respectively, in the past four weeks....
March 26, 2024
Turkish economy
Turkish airlines and airports reap rewards from bet on pandemic recovery
...In 2023, Turkish Airlines’ revenue rose almost 14 per cent to $21bn, placing it within the ranks of top-10 global air carriers by sales, according to FactSet data....
April 21, 2024
Inside BusinessJune Yoon
BYD’s $230,000 electric sports car signals plan to take on VW and Toyota
...Hybrid sales are surging around the world. In the US, they rose nearly two-thirds last year, outpacing the 46 per cent increase in EV sales....
March 5, 2024
Google LLC
Google streamlines structure to speed up AI efforts
...Microsoft’s $13bn partnership with OpenAI, which has given it access to the much-hyped ChatGPT model, has been a blow to Google and has driven its rival to become the most valuable listed company in the world...
April 18, 2024
LexNetEase Inc
‘World of Warcraft’ return to China will bring peace to NetEase investors Premium content
...World of Warcraft alone has more than 3mn players in China....
April 13, 2024
The Art Market
Marlborough Gallery to close as tougher times bite
...These are topped by the large (nearly eight feet wide) “Untitled (ELMAR)” (1982), which comes to market for between $40mn and $60mn (guaranteed) at Phillips New York on May 14....
April 4, 2024
The Art Market
Sotheby’s set to make record for Surrealist Leonora Carrington
...Poly’s main sale of Modern and contemporary art was within estimate at HK$68mn (including fees) on April 7, though its equivalent sale last year made HK$148mn....
April 18, 2024
Taylor Swift
Taylor Swift’s new album sells 1.6mn copies in US in single day
...The Tortured Poets Department’s sales were likely to have been helped by the wide array of special editions of vinyl, CDs and tape cassettes available to buy, including versions offering exclusive bonus...
April 21, 2024
FT Live
Business of Entertainment Summit
Capitalizing on Disruption
Thursday, 19 SeptemberLos Angeles, CA
LexReddit Inc
Reddit wants its users’ money -- but not their input Premium content
...Sales are growing, up 21 per cent to $804mn last year. Losses are narrowing, down more than 40 per cent to $91mn. There were some unexpected details too....
February 23, 2024
News in-depthNikkei Asia
Bicycle parts maker Shimano seeks growth with Singapore plant
...A version of this article was first published by Nikkei Asia on March 6. ©2024 Nikkei Inc. All rights reserved....
March 12, 2024
News updates from April 16: Powell says inflation fight will take ‘longer than expected’; China GDP jumps 5.3%
Markets update: European stocks fall in global sell-off as rate cut hopes recede
...European markets are tracking Wall Street lower after unexpectedly strong US retail sales figures on Monday suggested that the world’s largest economy may be running too hot to justify cutting interest rates...
April 16, 2024
LexTesla Inc
Elon Musk is still intrinsic to Tesla’s future Premium content
...The Technoking is the reason Tesla remains the most distinctive car company in the world....
April 2, 2024
Unhedged
What’s wrong with Apple? Premium content
...Sales growth is set to stay soft because of both the smartphone replacement cycle and weak sales in China....
April 2, 2024
News in-depthCovid-19 vaccines
Covid vaccine makers to clash in London over mRNA patent dispute
...Moderna generated sales of $18.4bn in 2022 from its Spikevax vaccine....
April 22, 2024
FT News Briefing podcast11 min listen
Tesla dip: blip or bust?
...Bob Iger defeats Nelson Peltz by wide margin in Walt Disney board clash The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino....
April 4, 2024
LexTikTok Inc
TikTok’s value would be cut in a forced sale Premium content
...A forced sale is likely to mean a much lower price. TikTok is also reportedly lossmaking. Valued on a sales multiple closer to lossmaking peer Snap, it would be priced at about $88bn....
March 14, 2024
North American prime property
Hot property: five homes for sale in Mexico
...Its wide terraces have 180-degree views, taking in the bay of San José del Cabo and Palmilla Point....
March 27, 2024
Inside BusinessRichard Waters
The EU’s giant experiment in tech micromanagement
...For Apple, giving users a choice of app stores and payment providers on iOS means unpicking a wide array of technical linkages between services, as well as publishing 600 new application programming interfaces...
March 7, 2024

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