Imf Hikes Global Growth Forecast
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Alstom to Cut Costs, Forecasts Higher Profits
Alstom said adjusted earnings rose 17% with an improved margin and guided for further profit growth in 2025, as it looks to cut overheads and procurement costs.The Wall Street Journal - Business -
Campari CEO Bets on Growth in U.S., Asia-Pacific Despite Sector Struggles
Campari Chief Executive Matteo Fantacchiotti said in an interview that the distiller has been focused on growing in the U.S. and Asia-Pacific at a time when other European drinks makers are facing a challenging environment in both markets.The Wall Street Journal - World -
Campari CEO Bets on Growth in U.S., Asia-Pacific Despite Sector Struggles
Campari Chief Executive Matteo Fantacchiotti said in an interview that the distiller has been focused on growing in the U.S. and Asia-Pacific at a time when other European drinks makers are facing a challenging environment in both markets.The Wall Street Journal - Business -
Max Price Hike Coming, Along With Potential Layoffs At WBD - Report
Warner Bros. Discovery CEO David Zaslav is reportedly looking for even more ways to cut costs and make more money, and this could include a price hike for Max and additional layoffs. Bloomberg reported these details and more ahead of WBD's ...GameSpot - Tech -
Why have student protests against Israel’s war in Gaza gone global?
Ceasefire and divestment calls have spread beyond US campuses, with more expected as Rafah offensive begins. University campuses around the world have been the stage of a growing number of protests by students demanding academic institutions ...The Guardian - World - Israel -
To Survive in China, Global Automakers Tap Local Tech Giants
A host of global automakers are increasingly turning to Chinese tech giants in a bid to claw back market share in one of the world’s largest—and fastest-changing—auto markets.The Wall Street Journal - Business - China -
GB Summit 2024’s Women in Gaming Breakfast honors global change
GamesBeat is holding another Women in Gaming Breakfast at GamesBeat Summit 2024 with a panel about gaming and positive global change.VentureBeat - Tech -
AstraZeneca withdraws its COVID-19 vaccine from global market
AstraZeneca is withdrawing its COVID-19 vaccine from the market because of low demand, the drugmaker said Wednesday. The shot, which was never authorized in the U.S., was widely used across the world in the early part of the global vaccine drive. ...The Hill - Politics - Covid -
Arm crushes earnings expectations, but stock falls as forecast lacks wow factor
After a sharp run for Arm shares recently, they looked set to give back some of their gains after Wednesday afternoon’s earnings report.MarketWatch - Business -
Arm shares drop as revenue forecast falls short despite AI boom
Lacklustre outlook raises concerns that spending on artificial intelligence chips could slowFinancial Times - Business -
Airbnb shares slide on lower revenue forecast despite a doubling of net income
Airbnb's profit more than doubled last quarter, but management's disappointing revenue forecast sparked a roughly 7% drop for its stock in after-market trading WednesdayABC News - Tech -
Warner Bros. Discovery eyeing further job cuts, price hike on streaming: Report
Warner Bros. Discovery (WBD) leadership is looking to make further job reductions as a cost-cutting measure, according to a new report. WBD, which owns CNN, Max, TNT and a number of other media properties, is eyeing cuts to its budgets on ...The Hill - Politics