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Pearson Underlying Sales Rise, Plans Further Growth Through AI
Pearson delivered higher underlying sales for the third quarter, supported by growth across all divisions, and said it planned to accelerate its artificial-intelligence capabilities to drive ...Business - The Wall Street Journal - Yesterday -
Chipotle misses revenue estimates as same-store sales growth disappoints
Chipotle's same-store sales rose 6% in the third quarter, just missing Wall Street's expectations.Business - CNBC - 6 hours ago -
AMD shares fall as forecast fails to impress despite strong AI growth
AMD shares are up about 20% so far in 2024, although rivals such as Nvidia and Broadcom have had much greater gains during the same period, driven by AI chips.Business - CNBC - 4 hours ago -
FirstFT: Harris calls on America to ‘turn the page’ on Trump
Also in today’s newsletter, Ukraine and Russia hold secret talks, while Alphabet and Reddit shares rise after resultsWorld - Financial Times - 9 hours ago -
Euro zone growth hits two-year high of 0.4%, beating expectations
Economists polled by Reuters expected 0.2% growth following the bloc's 0.3% expansion in the second quarter.Business - CNBC - 7 hours ago -
Budget boost to UK economy forecast to fade after two years
The government's official forecaster raises its prediction for UK growth in 2024 and 2025 but reduces it for later years.Top stories - BBC News - 2 hours ago -
New GDP numbers show 2.8% growth in 3rd quarter
The new GDP report released Wednesday shows the U.S. economy grew at a 2.8% annual pace in the third quarter. Jared Bernstein, chair of the Council of Economic Advisers, joined CBS News to discuss ...Top stories - CBS News - 4 hours ago -
South Africa cuts growth target as economic reality bites
Lower GDP projection comes despite coalition’s charm offensive to win over foreign investorsBusiness - Financial Times - 2 hours ago -
South Africa cuts growth target as economic reality bites
Lower GDP projection comes despite coalition’s charm offensive to win over foreign investorsWorld - Financial Times - 2 hours ago -
ServiceNow, Coreweave and others to invest $8.2 billion in UK data centers to fuel AI growth
American enterprise software giant ServiceNow and cloud computing startup CoreWeave plan to invest billions of dollars in their U.K. operations.Business - CNBC - October 14 -
Tigers exec teases offseason plans after second-half surge, playoff exit: 'Growth has to come from within'
The Tigers made it to the ALDS before being beaten by the GuardiansSports - CBS Sports - October 14 -
Global public debt to hit $100tn this year, says IMF; Boeing to raise up to $25bn to shore up balance sheet – business live
Rolling coverage of the latest economic and financial news, as IMF warns that future debt levels could be higher than currently projected. Cooling labour market adds to Reeves’s tax-raising ...World - The Guardian - October 15 -
Ericsson shares jump 10% on third-quarter beat, growth in North America sales
Shares of Swedish telecom firm Ericsson jumped amid third-quarter core earnings that surpassed analyst expectations and growth North American demand.Business - CNBC - October 15 -
Holiday sales growth could slow to pre-pandemic levels, retail group says
U.S. holiday-season spending is likely to hit another record, a major retail-industry group said Tuesday, but it added that sales growth is likely to slow as consumers continue to grapple with ...Business - MarketWatch - October 16