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Less Common Metals applies brakes in home market after Brexit stymies exports to mainland Europe
...The chief executive of Hertz will step down from his role at the car rental group as it pivots away from a bet on electric vehicles, which proved expensive for the company to service....
Moving the deck chairs around in reorganisation will not necessarily improve profitability
...The conclusion is the Fed pivot and the easy financial conditions that followed are creating exactly what we’re seeing. Similarly, we may be seeing re-acceleration in inflation....
...The Bank of Japan has maintained its ultra-loose monetary policy even as other central banks around the world aggressively hiked interest rates, but investors are now increasingly anticipating a pivot....
His attempt to grab voters before the European elections is a tall order
Ex-president has unrivalled dominance of his party but there are fresh questions about his electability
Microsoft, eBay and PayPal have each cut thousands of jobs since the start of the year
UK PM shifts message from change to continuity in attempt to replay John Major’s poll-winning appeal to voters
Market rally of the past two months has left markets vulnerable to disappointment, say big-name fund managers
...Perspective Made Me Smarter (Brad DeLong) — DE Shaw on what it learned from its optimiser (DE Shaw) — The spectacular rise and sudden fall of Gurpaal Judge (Birmingham Dispatch) — Goldman Sachs on the Fed pivot...
...When Beijing ordered the SOEs to pivot towards renewables, “they do it”, she said....
...Reddit shares soared during its public market debut, US prosecutors filed a landmark antitrust lawsuit against Apple, and the FT’s Sujeet Indap explains why Hertz’s pivot to electric vehicles went awry....
...luxury-car maker climbed 1 per cent after its chief executive said sales in Taiwan had doubled in the past four years due to the country’s number of wealthy individuals increasing in the chip boom and the pivot...
...Hasbro has sought to counter the secular decline in toy sales with a pivot into entertainment, leveraging characters into TV shows and films....
...Each of the eight Kidd Pivot dancers enjoys a moment in the spotlight, bonelessly fusing ballet, jazz and street dance in idiosyncratic soliloquies....
Executives hope staff will be willing to live on site at factories seeking tens of thousands of employees
The Pimco chief executive on the post-pivot world
...NBER) — Social media would still be a mess even without engagement algorithms (Communications of the ACM) — How the House quietly revived the TikTok ban before most Americans noticed (The Verge) — A pivot...
...Planning how your plot will look is useful, but you also need an entrepreneurial ability to pivot: the art of moving on when something clearly isn’t working....
...EY took on $700mn in debt for its failed “Project Everest” plan, and tech companies are shedding jobs in a pivot to AI. Plus, Shein is seeking Beijing’s approval ahead of its IPO....
...“It was surprising for a lot of us,” said the person, adding that by lowering global bond yields, the Fed’s pivot could slow the pace at which inflation falls. “It makes life more difficult.”...
...Some of the world’s largest private equity firms are accelerating a pivot away from mega buyouts and into businesses such as private credit as higher interest rates force them to tear up their playbooks....
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