Uk Economy Schools and Football Boost January Growth
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FirstFT: Elon Musk makes unexpected China visit as Tesla fights local rivals
Also in today’s newsletter, US Pacific commander says China is pursuing ‘boiling frog’ strategy, and Chinese regulators warn against SVB-style meltdownFinancial Times - World - China -
BNP Paribas bets on investment bank for growth despite bond trading blip
Eurozone’s largest bank forecasts rise in full-year profits and revenues even as interest rates are expected to fallFinancial Times - Business -
Meta proves AI hype has its limits
Artificial intelligence is a multibillion-dollar project with no clear timeline for revenuesFinancial Times - Business - Meta -
Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
LG Electronics Posts Profit Turnaround on Steady Revenue Growth
The South Korean company saw steady revenue growth at its home-appliance and vehicle-component businesses, and forecasts a gradual recovery in global demand for consumer electronics this year.The Wall Street Journal - World -
Southwest to Exit Four Airports, Facing Financial Weakness and Boeing Problems
Southwest Airlines is pulling out of some airports and cutting costs as it grapples with lackluster earnings and delays of new Boeing planes.The Wall Street Journal - World -
Investors Cheer Sales Growth at Ben & Jerry's Owner Unilever
Unilever sold more products at higher prices last quarter, a shot in the arm for Chief Executive Hein Schumacher who has been under pressure to deliver stronger growth.The Wall Street Journal - World -
US economic growth falls short of expectations with 1.6 percent annualized gain
U.S. economic growth dipped below 2 percent during the first quarter for the first time in more than a year and a half, according to a new government reading released Thursday. Gross domestic product (GDP) grew at an annualized rate of 1.6 percent ...The Hill - Politics -
Monster Beverage cut to sell because it’s ‘no longer…a high growth story’
Analyst Bill Chappell says Wall Street is ‘overoptimistic’ about energy drink maker’s gross margin recoveryMarketWatch - Business -
Oil prices pull back as U.S. economic growth disappoints
Gross domestic product was much softer than expected in the first quarter, which could weigh on crude oil demand.CNBC - Business -
GDP growth slowed to a 1.6% rate in the first quarter, well below expectations
Real GDP was expected to increase 2.4% in the first quarter on a seasonally adjusted basis, according to economists surveyed by Dow Jones.CNBC - Business -
LG Electronics Posts Profit Turnaround on Steady Revenue Growth
The South Korean company saw steady revenue growth at its home-appliance and vehicle-component businesses, and forecasts a gradual recovery in global demand for consumer electronics this year.The Wall Street Journal - Business -
U.S. economic growth slower than expected in 2024's first quarter
The U.S. GDP increased at a 1.4% annualized rate in the first quarter of 2024, a pace that's slower than expected and much lower than the 3.4% growth seen in the fourth quarter of 2023. CBS News business analyst Jill Schlesinger has more on why ...CBS News - Top stories -
Noise from traffic stunts growth of baby birds, study finds
Researchers also find zebra finches 20% less likely to hatch from eggs if exposed to noise pollution. Noise pollution from traffic stunts growth in baby birds, even while inside the egg, research has found.. Unhatched birds and hatchlings that are ...The Guardian - World -
Chinese EV start-ups Nio and Xpeng turn to the mass market for growth
Chinese electric car start-ups Nio and Xpeng are turning to a lower-priced segment of the market with plans to release newly-branded cars this year.CNBC - Business -
AbbVie’s first-quarter results top expectations as arthritis drugs fuel growth
AbbVie on Friday reported first-quarter results that beat expectations even as sales of its blockbuster autoimmune drug Humira continued to fall.MarketWatch - Business -
Charter continues to shed internet subscribers, reflecting cable’s growth woes
Charter lost more internet subscribers than expected in the first quarter as the cable industry’s broadband growth challenges continued.MarketWatch - Business -
Top Wall Street analysts favor these 3 stocks for their growth potential
TipRanks' analyst ranking service highlights Wall Street's best-performing stocks, including Netflix and General Motors.CNBC - Business -
Raiffeisen Bank trumpets Russia growth plans in dozens of job ads
Austrian lender, which has pledged to exit Russia, orders internal probe following FT findingsFinancial Times - Business - Russia -
How the National Enquirer boosted Trump and smeared his opponents: ‘The only choice for president’
A New York court has heard how the tabloid deployed a practice known as ‘catch and kill’ to aid Trump in 2016. US politics – latest updatesA New York court has heard evidence of how Donald Trump’s long and tumultuous journey to secure the ...The Guardian - World - Donald Trump -
Jeff Bezos isn't a fan of 'time blocking'—here's what he does instead to boost his productivity
Jeff Bezos doesn't time block or stick to a strict schedule to be successful and productive. Instead, he allots however much time he needs for mind wandering.CNBC - Business -
Bank of Japan could intervene this week to boost the yen as currency hits 34-year low
The Bank of Japan could intervene to support the yen as soon as Friday, possibly in a move coordinated with the Bank of Korea to help maximize its impact, according to Steven Barrow, head of G-10 strategy at Standard Bank.MarketWatch - Business -
First Citizens’ stock touches all-time high on first-quarter earnings, while Valley National shares drop
First Citizens Bancshares Inc.’s stock rose on stronger-than-expected profit and a boosted outlook for net interest income on Thursday, roughly a year after the big regional bank acquired the beleaguered Silicon Valley Bank.MarketWatch - Business -
We're boosting our price target on Alphabet by $30 after it delivered the quarter we've been waiting for
Alphabet on Thursday delivered a knockout first-quarter report and joined the tech-industry party by declaring its first-ever dividend.CNBC - Business -
Newell’s stock rallies on revenue beat as it boosts margins and carries out restructuring plan
The parent company of Rubbermaid, Sharpie, Mr. Coffee, Elmer’s glue and more said it lost $9 million, or 2 cents a share in the first quarter, compared to a loss of $102 million, or 25 cents a share, in the year-ago period.MarketWatch - Business -
6 Steps to Boost Your Flow State and Make You Super Focused and Productive
Be more productive without burning out.Inc. - Business -
Chinese woman charged in UK with criminal possession of crypto
Yadi Zhang made initial appearance at Westminster Magistrates Court on WednesdayFinancial Times - Business - United Kingdom -
UK imposes sustainable fuel targets on airlines
Move is expected to push up prices as aircraft switch to 10% blend of greener fuels by 2030Financial Times - World - United Kingdom -
Chinese woman charged in UK with criminal possession of crypto
Yadi Zhang made initial appearance at Westminster Magistrates Court on WednesdayFinancial Times - World - United Kingdom -
Chinese woman charged in UK with criminal possession of crypto
Yadi Zhang made initial appearance at Westminster Magistrates Court on WednesdayFinancial Times - World - United Kingdom -
Chinese woman charged in UK with criminal possession of crypto
Yadi Zhang made initial appearance at Westminster Magistrates Court on WednesdayFinancial Times - World - United Kingdom -
Deborah James's family call for cancer strategy
The journalist's family are urging the government to craft a plan to ensure earlier diagnosis of cancer.BBC News - Top stories -
A fresh FTSE high is not yet reason for UK enthusiasm
Recent turnaround still owes most to a steep and persistent valuation discountFinancial Times - Business - United Kingdom -
A fresh FTSE high is not yet reason for UK enthusiasm
Recent turnaround still owes most to a steep and persistent valuation discountFinancial Times - World - United Kingdom -
Foreign states targeting UK universities, MI5 warns
Senior figures from leading institutions are warned of risks to some of their cutting-edge research.BBC News - Top stories - United Kingdom -
Reform UK’s unusual structure with Nigel Farage in the middle
Farage insists he is not a politician — but within the rightwing populist party, he is kingmakerFinancial Times - World -
Reform UK’s unusual structure with Nigel Farage in the middle
Farage insists he is not a politician — but within the rightwing populist party, he is kingmakerFinancial Times - Business -
'Britain's Pompeii': UK's largest Bronze Age find goes on display
An exhibition showcasing many of its finds is opening in Peterborough, close to where it was found.BBC News - Top stories -
Thoma Bravo to buy UK-listed Darktrace for £4.3bn
Offer comes less than two years after private equity group held talks about buying cyber security companyFinancial Times - Business