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...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....
...The recovery came thanks to improved availability of the PS5 and a strong range of games including Sony’s Spider-Man 2, Microsoft’s Starfield and Nintendo’s The Legend of Zelda: Tears of the Kingdom....
...The most active Chinese investment bank in offshore dealmaking, CICC reported revenues of Rmb18.6bn ($2.6bn) in the first half of 2023, a 5 per cent increase on a year earlier....
...Net income rose to $183mn, from $94mn in the same quarter last year, while second-quarter revenues were $2.5bn, a 3 per cent increase to the prior year....
...Net income rose to $183mn from $94mn in the same quarter last year, while second-quarter revenues were $2.5bn, a 3 per cent increase to the prior year....
...Encore brings with it $2.6bn of annual sales in low and medium voltage cables, mostly used in the building industry....
...“Imagine if someone took your family members and then told you to get them back you had to give them XYZ; and you are being advised to just give them XYZ anyway without any promise of your family members...
...Intel shares closed 2.4 per cent lower on Wednesday....
...For example, there would be a one-day mismatch if a manager wished to sell a European stock trading on T+2 and buy a US stock trading on T+1, he said....
...By 2030, the US manufacturing sector will have 2.1mn unfilled jobs, a 2021 study by Deloitte found....
...The US Financial Industry Regulatory Authority hit two Stifel broker-dealer divisions with $2.3mn in fines and restitution over unsuitable recommendations on leveraged exchange traded products....
...The progress was reflected in a 60 basis point increase in the overall operating margin to 2.4 per cent....
...Shares in Hess fell by 2.3 per cent to $143.02 following the arbitration announcement, well below the $171 a share Chevron offered to pay Hess’s shareholders in an all-stock transaction....
...PNC declined 2 per cent. BofA increased its estimate of expected loan losses at a time when its rivals were seeing loan losses level off....
...That would leave UK inflation above the Bank of England’s 2 per cent target, which may help persuade the central bank not to make extensive rate cuts this year....
...It accuses Inpria of selling products and filing new patents using its IP — valued between $2.4bn and $4.3bn — in violation of a contract signed between the foundation and JSR’s subsidiary....
...Iran remained the fourth-largest military spender in the region, with 37 per cent of its estimated $10bn defence budget now allocated to the Islamic Revolutionary Guard Corps compared with 27 per cent in...
...Another is performance, the SU7 can go from 0-100km/h in 2.8 seconds and has a reported range of up to 800km....
...PC, PlayStation 5 Alan Wake 2 “This story is a monster,” Alan Wake 2 tells you in its opening moments....
...The gold price this week hit another record high, above $2,100 per ounce. Expectations of lower US interest rates and persistent demand from Chinese households are two reasons for this....
...Economists polled by Reuters forecast that annual price rises would continue to slow from 2.8 per cent in January to 2.5 per cent in February....
...Capital One says it can wring out $2.7bn worth of annual efficiencies, roughly split between cost cuts and squishy “network synergies”. To judge the chances of achieving that, consider some history....
...It rose nearly 2 per cent in January without seasonal adjustments....
...The sales share of battery EVs in Japan is slim at about 2 per cent last year. But that leaves ample room for growth for lower-priced Chinese vehicles....
...The International Energy Agency says data centres, cryptocurrencies and AI accounted for almost 2 per cent of global power demand in 2022 — and this could double by 2026 to nearly match the electricity consumption...
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