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Combination would bring together two of the industry’s largest companies as copper demand soars
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidance
Grand jury set up to hear evidence on consulting for drugmakers tied to addiction epidemic
Elon Musk-led electric vehicle maker’s stock jumps despite reporting a fall in quarterly revenue
Purchase shines light on wealth accumulated by longtime chief executive Rich Handler
Results reflect slowdown of 737 Max production and compensation to customers
The technique of stacking multiple chips closely together is crucial to improving the performance of semiconductors
Head of CMA CGM has been on a €35bn deal spree and followed fellow billionaires buying up media assets
Investor’s Susquehanna International Group owns estimated $40bn stake in parent company ByteDance as app faces potential ban
Japanese carmaker has fallen behind in electric vehicle race and lacks scale needed to compete globally
Lee Robinson’s expertise was ‘like having Lionel Messi on your team’. Now his relationship with Warrington is under scrutiny
First-quarter earnings decline 13% but beat analysts’ expectations
Maker of Birkin bags beats expectations with strong sales of leather goods and jewellery
US consumers’ changing habits in response to high prices takes toll on demand
The inside story on the Asia tech trends that matter, from Nikkei Asia and the Financial Times
First quarter net income increased by 10% from a year earlier to €1.45bn
Seventh successive quarter of declining volumes dashes hopes for revival as high interest rates continue to bite
Eurozone’s largest bank forecasts rise in full-year profits and revenues even as interest rates are expected to fall
Also in this newsletter: Waiting for Emmanuel Macron’s words of wisdom
Also in today’s newsletter, Meta’s shares tumble and the Chinese group raided by the EU
Higher fares and leaner schedules loom for flyers as 737 Max crisis forces delivery delays
Elon Musk seeks to appease the market after 40% stock slide
Plus, one UK local council gets wooed by a Monaco hedge fund and Rodolphe Saadé leans into building a media empire
The company’s global plans range from solar modules and electric buses, trucks and trains to complex transport systems. But is it trying to do too much?
Docklands financial estate renegotiates borrowing terms against backdrop of falling office valuations
Chatbots will soon take over much of the work of human agents, forecasts chief of Indian IT group
Allocations represented only 16% of total new money garnered by ETFs, down from 65% during highs of 2022
New figures show that default and recovery rates compare favourably with other debt asset classes
Trend-followers profit from bets on rocketing cocoa price and against sinking yen
Rishi Sunak has vowed to get people back to work but data indicates problems with the diagnosis — and proposed solution
Artificial intelligence is a multibillion-dollar project with no clear timeline for revenues
Move is expected to push up prices as aircraft switch to 10% blend of greener fuels by 2030
Tokyo urges alliances to stay competitive but companies wary of giving up control
Opposition says it will roll out reforms within first term if it wins UK general election
Tangen finds US investments more attractive due to weaker regulations and more risk-taking
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