Avis’s stock slides after third quarter earnings fall short of estimates

Germany’s five-year tax haul to fall nearly €60bn short of forecast

Gloomier economic predictions will increase budgetary strains and government coalition tensions

Business - Financial Times - October 24

Japan's ruling party loses its majority in blow to new PM

The prime minister announced a snap election despite voter apathy and low approval ratings.

Samsung falls short of expectations as chipmaker fails to reap AI benefits

Third-quarter operating profit far lower than analyst consensus and trails domestic rival SK Hynix

World - Financial Times - Yesterday

Rachel Reeves’s Budget balancing act

The chancellor’s tax plans must avoid overburdening business and investors

Business - Financial Times - October 21

Trump Is the Majority-Owner of a Meme Stock That’s Punishing Short-Sellers

Shares of Trump Media & Technology have skyrocketed 230 percent this month as the former president eyes a second term.

Business - Inc. - Yesterday

McDonald's shares fall after CDC says E. coli outbreak linked to Quarter Pounders

The CDC said an E. coli outbreak linked to McDonald's Quarter Pounder burgers has led to 10 hospitalizations and one death.

Business - CNBC - October 23

Traton Gains After Results Beat Estimates

Traton shares rose after the truck maker’s supply issues cleared and its Scania brand helped lift results above analysts’ estimates.

Business - The Wall Street Journal - October 22

UK earnings inequality falls to lowest on record

Drop comes after successive increases in hourly minimum wage

World - Financial Times - 2 days ago

Southwest Airlines profit tops estimates, company expects higher revenue in fourth quarter

Southwest said travel demand remains healthy and it expects unit revenue for the fourth quarter to grow 3.5% to 5.5%.

Business - CNBC - October 24

China’s economy grows 4.6% in third quarter

Lowest figure in year and a half comes as Beijing steps up stimulus efforts

Business - Financial Times - October 18

Tesla Surprises Wall Street With Strong Third-Quarter Results

The robust performance comes after a tumultuous start to the year in which Tesla’s profit fell for two straight quarters.

Business - The Wall Street Journal - October 24

Hermes outperforms rivals as sales climb in the third quarter

Luxury goods group Hermes International outperformed rivals as it grew sales despite headwinds in China.

Business - MarketWatch - October 24

Clariant Third-Quarter Profits Miss Expectations

The chemicals company reported weaker results for the three months through September and cautioned that it didn’t expect a significant economic recovery in 2024 due to persistent economic challenges.

Business - The Wall Street Journal - 2 days ago

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