Empire Codex

Dropping the bomb

Over the wall 📶

Commodity expectations: Thailand’s rice exports are expected to drop by 15% in 2024.

Wrap it up: The UK government plans to make food labeling clearer as to support domestic farmers and inform consumers.

Empty hole: In 2023, the value of venture capital deals in the US fell to levels unseen since 2019.

Cutting it off: Coatue Management is closing its European office in London 2 years after it launched.

On a budget: FedEx is in the middle of a $6 billion cost-savings program that goes to 2027.

Hoping for more: CEO Dave Calhoun of Boeing says 2024 would be a key year for the turnaround of the plane maker.

Dropping demand: iPhone sales in China are expected to go further down in 2024.

Costly to borrow: US banks currently has slowing loan growth because of high interest rates.

Greener future: Jinneng Holding Group has started a 55-billion-yuan green energy project in Shanxi province.

Scientific transaction: Boston Scientific is buying Axonics for $3.7 billion.

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