Cuts Growth - QuikReader

Google’s strong earnings boosted by cloud computing gains

Parent company Alphabet’s shares rise 6% as results show lift from AI demand

Business - Financial Times - 17 hours ago

Google's Cloud Business Powers Accelerating Revenue Growth

Google reported a 15% jump in year-over-year revenue driven by strong results in its cloud-computing division, boosting the company’s fortunes during a costly push into artificial intelligence.

Business - The Wall Street Journal - Yesterday

Germany Avoids Recession, but Weak Growth Weighs on Europe

The continent’s economy continued to limp along, expanding just 0.4 percent in the latest quarter, dragged down by a loss of competitiveness.

Top stories - The New York Times - 17 hours ago

Chancellor announces £1.5bn for Stormont next year

Rachel Reeves also gives the go ahead to funding for Causeway Coast and Mid South West growth deals.

Meta misses on user growth, warns of 2025 jump in AI spending

Meta reported weaker-than-expected user numbers and warned of a significant acceleration in its infrastructure expenses in 2025 in its third-quarter earnings.

Business - CNBC - 7 hours ago

Meta Reports Record Revenue, Slower Ad Growth

The social media giant is spending billions on artificial intelligence and products for virtual and augmented reality.

Tech - The Wall Street Journal - 7 hours ago

BBC to cut 155 roles from news operation

Broadcaster hopes move will save £24mn from budget, according to internal memo sent to staff

Business - Financial Times - October 15

Reeves eyeing £40bn in tax rises and spending cuts

Filling the £22bn financial "black hole" would only be enough “to keep public services" still, she told a meeting.

McKinsey Cuts Hundreds From China Workforce

The consulting firm is cutting back on state-linked clients and is working to separate its China operations

Business - The Wall Street Journal - October 17

Ministers complain to Starmer over spending cuts

Some Cabinet members are alarmed at the scale of cuts being sought to plug a rumoured £40bn gap.

Titans cut safety Adams, honoring his request

The Titans released Jamal Adams, honoring the three-time Pro Bowl safety's request.

Sports - ESPN - October 17

Trump Keeps Promising New Tax Cuts. Other Republicans Are Wary.

Former President Donald J. Trump’s costly tax agenda undermines the changes he signed into law in 2017. Some Republicans are wary.

Business - The New York Times - October 17

Tourism hotspot cuts council tax on second homes

Councillors vote to cut council tax premium, six months after a higher rate of 200% was brought in.

Parents fight to stop cuts to school transport

North Yorkshire Council will only fund bus travel to a child's nearest school from 2025.

Sports - Yahoo Sports - October 18

Fear that winter fuel payment cut will cost lives

Wales' older people's commissioner says people will die because of the decision.

Passengers stuck on planes and homes without power

Northern Ireland Electricity restored power to more than 10,000 customers over the course of Sunday.

Fed Leaders Favor Rate Cuts, But Differ on Pace

Four policymakers agree the central bank should make further rate cuts, though some support a slower, smaller set of reductions.

Business - Inc. - October 22

Volvo Car Cuts Guidance on Worsening Auto Market

The Swedish car maker cut its full-year guidance and said it now anticipates negative cash flow due to lower sales expectations and a weak market.

Business - The Wall Street Journal - October 23

Beyond Inc. to Cut Workforce by About 20%

Beyond Inc. is cutting about 20% of its workforce as part of broader review of its cost structure, which comes after the company invested about $65 million in two retailers to help restore Bed Bath ...

Business - The Wall Street Journal - October 22

Intesa Sanpaolo unveils plans to cut 9,000 jobs

Italy’s largest bank wants to reduce costs by accelerating its digital transformation

Business - Financial Times - October 23

Dassault Systemes Cuts Guidance After Earnings Disappoint

The French software maker lowered its guidance for the year after revenue and operating profit came in shy of analyst expectations in the third quarter.

Business - The Wall Street Journal - 6 days ago

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