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Warner Bros. Discovery Swings to Quarterly Profit on Strong Streaming Growth
The entertainment company swung to its first quarterly profit in more than two years after it posted better-than-expected growth in streaming subscribers.Business - The Wall Street Journal - November 7 -
Climate breakdown will hit global growth by a third, say central banks
New modelling finds risk to global economies much worse than previously thought, but group of central banks says even this may be an underestimate. The physical shocks caused by climate breakdown ...World - The Guardian - November 8 -
Goldman Sachs cuts European growth and earnings forecasts as Trump tariffs loom
The Trump regime will hit European economic growth and reduce company earnings, though the continent’s defense sector may prosper.Business - MarketWatch - November 8 -
Amazon Games talks IP growth opportunities across five generations of gamers
Warner, Disney, and Netflix are seeing great success exploiting their IP, and that’s a big part of the Amazon Games’ strategy.Tech - VentureBeat - November 8 -
How will the Fed handle Trump?
Federal Reserve chair cannot easily prepare for president-elect’s second term but might benefit from being less aggressiveBusiness - Financial Times - November 12 -
Former aide Sue Gray rejects Starmer’s job offer
Ex-chief of staff had been lined up for part-time role as link with devolved nations and regionsBusiness - Financial Times - November 12 -
Shopify’s stock heads for best day ever on upbeat holiday forecast
A Shopify executive says the company’s latest results showed “continued discipline of balancing both future growth investment and operational leverage.”Business - MarketWatch - November 12 -
Tencent posts better-than-expected 47% profit surge as games, AI tools shine
Chinese gaming and social media giant Tencent on Wednesday reported profit above analysts' expectations, while revenue missed slightly.Business - CNBC - November 13 -
UK economy surprises with September contraction, grows just 0.1% in the third quarter
The U.K. economy showed a surprise contraction in September and only marginal growth in the third quarter, initial figures showed Friday.Business - CNBC - November 15 -
Alibaba’s stock turns lower as investments to meet AI demand hurt profitability
Alibaba’s stock knee-jerked up after earnings then reversed lower, as revenue missed expectations and ’aggressive’ investments on AI capabilities weighed on profitability.Business - MarketWatch - November 15
