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Business5d agoAs budgets tighten, people are breaking out their library cardsSome Americans squeezed by high prices are relying more on their local libraries for things like books, streaming services and high-priced items like musical instruments and sewing machines.NPR News
Business5d agoShe went into debt for $20,000 to create a sportswear brand: she started designing in her dining room and managed to bill more than 10 million a yearLindsey Carter founded Set Active in 2018 and managed to position herself in the market with outfits that can be used for both exercise and daily life. The influencer also built a community of more than 100,000 followers on social media.Clarín
Business5d agoGreat-West Lifeco reports Q3 resultsGreat-West Lifeco has released its third-quarter financial results. This provides an update on the company's recent financial performance.Seeking Alpha Tech
Business5d agoMainland Chinese firm, director admit fraud in HK$52.9m Hong Kong bottled water scandalA mainland Chinese company and its director have pleaded guilty to fraud after submitting falsified certificates to win a HK$52.9 million (US$6.78 million) contract to supply drinking water to civil servants in Hong Kong. The high-profile procurement scandal came to light in August last year after civil servants raised concerns about the quality of products supplied by Xin Ding Xin Trade, which held a three-year contract to provide XinLe-brand bottled water to government offices on Hong Kong...South China Morning Post
Business5d agoABB enters Uzbekistan, bringing Azerbaijan’s digital banking expertise to a new market in AsiaABB is expanding into Uzbekistan through the acquisition of Davr Bank, as regional financial institutions accelerate digital banking growth across Central Asia and emerging markets.EuroNews [en]
Business5d agoCathay Pacific Airways to give eligible Hong Kong staff bonus worth a month’s payCathay Pacific Airways will award eligible Hong Kong-based employees a discretionary bonus equivalent to one month’s pay for 2026, marking the fourth consecutive year it has offered the payment. The bonus will be paid on January 7 next year, according to an internal staff announcement seen by the South China Morning Post. The airline credited employees’ contributions with helping it achieve successive years of solid financial performance. “You are at the heart of Cathay’s success, and we remain...South China Morning Post
Business5d agoSouth Korea tests Arctic shipping route amid Russia-West rowFor South Korean ships, navigating off the north coast of Russia dramatically reduces travel time to Europe, but the pro-Ukraine coalition might see it as undermining their efforts to isolate Moscow.DW News [en]
Business5d agoWall Street’s fear gauge gets the jitters out as midterm dust settlesWall Street's "fear gauge" is settling down following the midterm elections. This indicates a potential decrease in market volatility and uncertainty after the political event.Seeking Alpha Tech
Business5d agoMicron suspends work on $4.5B Taiwan plant amid labor dispute: BloombergMicron has suspended work on its $4.5 billion plant in Taiwan due to a labor dispute. This highlights potential disruptions to major industrial projects and economic investment in the region.Seeking Alpha Tech
Business5d agoRussia plans ticket surcharge to bankroll struggling aircraft industryFrom 2027, passengers would pay 500 roubles on domestic flights and 1,000 on international flights to fund the lease and operation of 258 Russian-built aircraft, as sactions over Moscow's all-out war in Ukraine continue to bite.EuroNews [en]
Business5d agoChina’s Yutong Bus expands overseas as new-energy bus exports surgeChina’s Yutong Bus, the world’s largest electric bus manufacturer, is seeing its overseas shipments climb steadily, with demand growing rapidly in countries such as Australia, Malaysia, Saudi Arabia and Morocco. Based in Zhengzhou in central China’s Henan province, the company now generates more than half of its total revenue from overseas sales. New-energy models – comprising pure-electric and hybrid vehicles – have made up 25 per cent of its bus exports so far this year, a sharp increase from...South China Morning Post
Business5d agoStock futures mixed day after midterm election rallyStock futures are mixed following a rally that occurred the day after the midterm elections. This indicates market reaction to recent political events.Seeking Alpha Tech
Business5d agoCanadian Natural Resources reports higher Q3 profit, maintains 2026 production outlookCanadian Natural Resources has reported increased profits for its third quarter and upheld its production forecast for 2026. This reflects the company's financial performance and future operational plans.Seeking Alpha Tech
Business5d agoZoomInfo signals $405M-$425M 2026 unlevered free cash flow amid GTM1 rollout and hybrid pricingZoomInfo projects an unlevered free cash flow of $405 million to $425 million by 2026, coinciding with its GTM1 rollout and hybrid pricing strategies. This indicates the company's financial outlook and strategic initiatives.Seeking Alpha Tech
Business5d agoRheinmetall shares plunge 17% after outlook cut as military contracts stallRheinmetall cut its 2026 outlook for the second time in three months, citing delays to German military projects and artillery ammunition deliveries.CNBC
Business5d agoEuropean markets advance, Stoxx 600 reaches record highEuropean markets have advanced, with the Stoxx 600 index reaching a new record high. This indicates positive performance in the European stock market.Seeking Alpha Tech
Business5d agoPower Integrations targets doubling SAM by 2031 as it guides Q4 revenue to $118M-$126MPower Integrations aims to double its Serviceable Addressable Market (SAM) by 2031 and has provided Q4 revenue guidance between $118 million and $126 million. This indicates the company's financial projections and growth strategy.Seeking Alpha Tech
Business5d agoMining in the Puna: strict flights, local jobs, and the environmental challenge of extracting lithiumWith a combined investment of US$ 1.4 billion through RIGI, Rio Tinto consolidated itself as the country's main lithium producer. 70% of its purchases and service demands are channeled through local suppliers.Clarín
Business5d agoChina’s Economics of DenialBeijing’s theory of success in the face of failure.Foreign Affairs
Business5d agoMatson expects Q4 2026 operating income about 50% higher amid elevated China freight rates into early 2027Matson projects a significant increase in its operating income for the fourth quarter of 2026. This positive outlook is attributed to elevated freight rates from China expected to continue into early 2027.Seeking Alpha Tech
Business5d agoNvidia partner Foxconn expects AI momentum to drive Q4 growth after 46% sales jumpFoxconn, an Nvidia partner, anticipates growth in the fourth quarter, driven by artificial intelligence momentum, following a significant sales increase. This indicates positive financial prospects for the company.Seeking Alpha Tech
Business5d agoMacerich expects to close an off-market acquisition by year-end with a 9% to 11% stabilized yieldMacerich anticipates completing an off-market acquisition by the end of the year, projecting a stabilized yield between 9% and 11%. This indicates strategic business growth for the company.Seeking Alpha Tech
Business5d agoUnited Microelectronics October revenue rises 18.3% Y/YUnited Microelectronics reported an 18.3% year-over-year increase in its October revenue. This indicates positive financial performance for the company.Seeking Alpha Tech
Business5d agoClene GAAP EPS of $0.05 beats by $0.48, revenue of $0.06M misses by $0.01MClene reported a GAAP Earnings Per Share of $0.05, surpassing estimates, while its revenue of $0.06 million missed expectations. This provides an update on the company's financial performance.Seeking Alpha Tech