Latest in Profits Be Curbed
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'Exploitative' children's home profits to be curbed
The new measures aim to stop private care home providers benefiting excessively from a stretched system.Top stories - BBC News - 6 hours ago -
U.S. to Curb AI Investment in China Soon
Some technologies and financial commitments will be blocked, based on President Biden’s 2023 executive order to keep American expertise from helping the Chinese military.Business - Inc. - October 22 -
States Revive Lawsuit to Sharply Curb Access to Abortion Pill
The Supreme Court ruled in June that the original plaintiffs, anti-abortion doctors and groups, did not have standing to sue. Now three states are trying to continue the legal fight.Business - The New York Times - October 21 -
Pakistan’s government curbs judiciary’s power after alleged harassment of MPs
Coalition will now be able to hire and fire judges but faces accusations it bribed and abducted lawmakers to get its way. Pakistan’s government has passed a controversial amendment to the ...World - The Guardian - October 21 -
U.S. proposals to curb AI, semiconductor investment into China under final review
The proposals are part of the Joe Biden administration's efforts to restrict the flow of U.S. capital, technology and expertise into China.Business - CNBC - October 22 -
California Tribal Casinos May Sue to Curb City Card Rooms
A new state law allows tribes to file suit against gambling venues they don’t operate, potentially shuttering them and jeopardizing local tax revenue.Top stories - The New York Times - October 23 -
World "miles short' of emissions goals to curb climate change, U.N. says
Greenhouse gas concentrations in the atmosphere reached record highs in 2023, the U.N. warned, with countries falling "miles short" of what is needed to curb devastating global warming.Top stories - CBS News - October 28 -
Under Trump or Harris, U.S. Asylum Curbs Are Likely to Endure
As administrations of both parties have failed to overhaul the nation’s immigration laws, a reckoning for the asylum system, which some say is overdue, seems inevitable.Top stories - The New York Times - October 28 -
Newsom signs executive order to curb electricity costs for Californians
California Gov. Gavin Newsom (D) on Wednesday signed an executive order that aims to provide residents with some respite amid rising electricity prices. That anticipated relief would be achieved ...Politics - The Hill - October 31 -
California Will Boost Sustainable Fuel Supplies to Curb Airplane Emissions
Jet engines contribute about 9 percent of global greenhouse gas emissions, and the agreement with an airlines trade group may help reduce the total.Business - Inc. - October 31 -
Google curbs politics discussion among employees on U.S. Election Day
During Election Day, employees tried flooding popular internal message board with election-related memes despite warnings by company executives.Business - CNBC - November 6 -
Not just for weight loss: Wegovy may help curb alcohol addiction
The blockbuster drugs Ozempic and Wegovy may help people cut back on drinking, new research published Wednesday in JAMA Psychiatry suggests.Top stories - NBC News - 4 days ago -
Ireland orders X, TikTok and Instagram to curb terrorist content
Regulator issues online safety ruling after finding weak processes leave networks ‘exposed to terrorist content’. Elon Musk’s X, TikTok and Meta’s Instagram have been ordered by Irish media ...World - The Guardian - 4 days ago -
Curbs on long hours spur Japanese companies to tackle productivity
The government’s campaign against overwork could have far-reaching consequences for businesses and consumersWorld - Financial Times - 4 days ago -
‘Minimal progress’ made this year on curbing global heating, report finds
Analysis by Climate Action Tracker puts median temperature rise by 2100 at 2.7C if current policies continue. World leaders have promised to try to stop the planet heating by more than 1.5C (2.7F). ...World - The Guardian - 4 days ago -
Global plastic production must be cut to curb pollution, study says
Analysis lays bare huge challenge of mismanaged waste on eve of UN plastic treaty talks in Busan. Global plastic production must be reduced to tackle the immense challenge of plastic pollution , ...World - The Guardian - 3 days ago -
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Iberdrola Profit Lifted by Record Investments
Spain’s energy giant Iberdrola posted a 50% rise in net profit for the first nine months of the year helped by record-high investments in its U.S. and U.K. networks.Business - The Wall Street Journal - October 23 -
Six cities, one question: is China’s property market turning a corner?
From Shanghai to Guangzhou and Beijing to Foshan, buyers and agents voice concerns ahead of next phase of stimulusWorld - Financial Times - November 5 -
Indonesia steps up trade protectionism with Apple and Google phone bans
South-east Asia’s largest economy pushes foreign tech groups to invest locally or lose market accessWorld - Financial Times - November 5 -
Tele2 Posts Higher Profits; Backs Targets
Tele2 reported a slightly higher third-quarter net profit, helped by growth in revenue from its core telecommunications services, though revenue and underlying earnings were a touch below ...Business - The Wall Street Journal - October 22 -
Kering warns on profit as Gucci sales plunge
French luxury group grapples with turnaround at its biggest brand as demand dips in AsiaBusiness - Financial Times - October 24 -
Tesla shares jump on profit beat, Musk's prediction of at least 20% 'vehicle growth' next year
Tesla reported better-than-expected profit in its third-quarter earnings report on Wednesday.Business - CNBC - October 24 -
Tesla Surprises Wall Street With Strong Third-Quarter Results
The robust performance comes after a tumultuous start to the year in which Tesla’s profit fell for two straight quarters.Business - The Wall Street Journal - October 24 -
Barclays profits rise 23% as dealmaking returns
UK bank lifts guidance for net interest incomeBusiness - Financial Times - October 24 -
Hasbro’s third-quarter profit beats expectations, but its stock slips
Hasbro Inc.’s third-quarter profit beat expectations Thursday, fueled by its gaming and licensing businesses shares, but the toy maker’s stock is down 4%.Business - MarketWatch - October 24 -
NatWest profits rise by a quarter as lending and deposits grow
Bank also sets aside £245mn in provisions for bad loans, higher than expectations of £173mnBusiness - Financial Times - October 25 -
China’s industrial profits plunge as economic momentum falters
Steep monthly decline in September comes as policymakers battle to restore confidenceBusiness - Financial Times - October 27 -
FirstFT: Twin scandals hit PwC’s Asia profits
Also in today’s newsletter, the fallout from the Madison Square Garden rally and what happened to Project 2025?World - Financial Times - October 29 -
In Botswana’s Election, Diamond Profits Are a Defining Issue
The party that has governed the country since 1966 could lose power as the economy struggles from a slump in demand for diamonds, which made Botswana an African success story.World - The New York Times - October 29 -
Clariant Third-Quarter Profits Miss Expectations
The chemicals company reported weaker results for the three months through September and cautioned that it didn’t expect a significant economic recovery in 2024 due to persistent economic challenges.Business - The Wall Street Journal - October 29 -
Santander's Profit Beats Expectations on Lower Provisions, Costs
Spain’s largest bank by market capitalization reported a 12% on-year increase in net profit for the three months ended Sept. 30, as lighter provisions and costs helped offset the impact from the ...Business - The Wall Street Journal - October 29 -
UK borrowing costs hit post-election high on eve of Reeves’ first Budget
Chancellor will draw parallels with Tony Blair government’s efforts to repair country’s social fabric in late 1990sBusiness - Financial Times - October 30 -
StanChart to double investment in wealth management as profits rise
Wealth business had record quarter as revenues rose 32%Business - Financial Times - October 30 -
UBS reports better than expected profits
Swiss bank’s markets business helped by increase in volatilityBusiness - Financial Times - October 30 -
Volkswagen profit plunges 64% as China sales slide
Europe’s largest carmaker highlights ‘urgent need’ for cost reductions and efficiency gainsBusiness - Financial Times - October 30 -
Next profits poised to top £1bn for first time
UK retail bellwether raises outlook for third time in three months on the arrival of colder weatherWorld - Financial Times - October 30
