Latest in Groups Profit
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Allianz Narrows Guidance Range After Profit Beat
The insurance giant narrowed its outlook for the year to the upper end of its range after lower natural catastrophe claims drove third-quarter profits above expectations.Business - The Wall Street Journal - Yesterday -
Tencent Profit Momentum Continues on Gaming Strength
Tencent’s core gaming business delivered strong results as the Chinese technology giant contended with a cooling economy.Business - The Wall Street Journal - Yesterday -
Foxconn reiterates forecasts after record profits
Taiwanese contract manufacturer Foxconn on Thursday said it was reiterating its outlook but with better visibility after record earnings and profit.Business - MarketWatch - 18 hours ago -
JD.com Profit, Revenue Rise as Consumer Sentiment Improves
The Chinese e-commerce giant reported higher profit and revenue in the third quarter despite fierce competition from Alibaba and PDD Holdings.Business - The Wall Street Journal - 17 hours ago -
NetEase's Profit Falls on Weaker Gaming Revenue
The Chinese videogame giant’s profit tumbled for a second straight quarter and revenue missed market expectations as the main business delivered a soft performance.Business - The Wall Street Journal - 17 hours ago -
Deutsche Telekom Lifts Outlook After Profit Beat
The telecoms group raised its full-year guidance for a key earnings metric after reporting higher net profit in the third quarter, citing continued growth momentum on both sides of the Atlantic.Business - The Wall Street Journal - 18 hours ago -
General Motors’ stock jumps after big profit beat, progress on EV profits
GM’s stock rallies toward a multiyear high after profit beat by a wide margin and the full-year outlook was raised.Business - MarketWatch - October 22 -
Moscow and Beijing announce further cooperation during international group meeting in Pakistan
Leaders and top officials from an international group founded to counter Western alliances have met in Pakistan’s capital, with Moscow and Beijing announcing they will boost cooperationWorld - ABC News - October 16 -
Big Money Flowed to Pro-Trump Groups in the Past Three Months
Three people — Elon Musk, Miriam Adelson and Dick Uihlein — put a combined $220 million into groups supporting Donald J. Trump in July, August and September.Top stories - The New York Times - October 16 -
Elon Musk gave $75m to his pro-Trump group in three months
America Pac said to be doing bulk of Trump’s voter turnout work in battleground states, which may give Musk leverage. Elon Musk has donated roughly $75m over the last three months to his pro-Donald ...World - The Guardian - October 16 -
Human rights groups condemn EU summit with Saudi crown prince
Mohammed bin Salman attends Brussels meeting six years after the murder of Jamal Khashoggi. Human rights activists have condemned the EU’s decision to host the Saudi crown prince, Mohammed bin ...World - The Guardian - October 16 -
Saudi cartoonist jailed for 23 years for insulting leaders, group says
A Saudi court has sentenced a cartoonist to more than two decades in prison for insulting the kingdom's rulers, his family and a rights group say.Top stories - CBS News - October 16 -
The Musk-led group driving millions to Trump’s White House bid
Also in today’s newsletter, shamelessness in American politics and Kamala Harris’s appearance on Fox NewsWorld - Financial Times - October 17 -
‘Race science’ group say they accessed sensitive UK health data
Exclusive: Fringe network recorded boasting of securing data from UK Biobank trove donated by 500,000 volunteers. Revealed: International ‘race science’ network secretly funded by US tech boss ...World - The Guardian - October 17 -
Former Olympic snowboarder accused of running large drug trafficking group
Ryan Wedding, 43, a former Olympian from Canada who now resides in Mexico, is among 16 people charged in a federal indictment.Top stories - ABC News - October 17 -
Groups That Run N.Y.C. Shelters Are Riddled With Problems, Report Finds
An extensive review by New York City’s Department of Investigation identified hundreds of issues, including financial mismanagement, nepotism and conflicts of interest.Top stories - The New York Times - October 17 -
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Boohoo chief to step down as fast-fashion group launches strategic review
Retailer says it remains ‘fundamentally undervalued’ and announces £222mn debt refinancingBusiness - Financial Times - October 18 -
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A top Hamas political official confirms the death of the group's leader, Yahya Sinwar
A top Hamas political official confirms the death of the group's leader, Yahya SinwarWorld - ABC News - October 18 -
UK fuel duty rise would rekindle inflation, warn motoring groups
Rachel Reeves expected to axe 5p discount and weighs reinstating inflation-linked rises in BudgetWorld - Financial Times - October 18 -
Diamond Sports Groups channels branded as part of FanDuel Sports Network in deal
Diamond Sports Group's channels will soon bear the name of FanDuel Sports NetworkEntertainment - ABC News - October 18 -
Diamond Sports Groups channels branded as part of FanDuel Sports Network in deal
Diamond Sports Group's channels will soon bear the name of FanDuel Sports NetworkSports - ABC News - October 18 -
Chinese AI groups get creative to drive down cost of models
01.ai, Alibaba and ByteDance have cut ‘inference’ costs despite Washington curbs on accessing cutting-edge chipsWorld - Financial Times - October 19 -
Collapse of construction group ISG halts urgent work on UK prisons
Crucial improvements at 48 sites to tackle issues such as drug use and overcrowding now in doubtBusiness - Financial Times - October 20 -
A group of 2,000 migrants in southern Mexico depart for the US weeks before election
A group of about 2,000 migrants has left Mexico’s southern border hoping to reach the country’s north and ultimately the United StatesWorld - ABC News - October 20 -
Defence groups bet big on drone-destroying laser weapons
Leading contractors, including RTX in the US, the UK’s QinetiQ, and Europe’s MBDA, are investing heavily in the technologyBusiness - Financial Times - October 22 -
Japanese property group Tokyo Tatemono targeted by UK activist fund
Stakebuilding by Palliser Capital follows Elliott Management's move on sector peer Mitsui FudosanWorld - Financial Times - October 22