Uncategorized

French economy rebounds with record growth in third quarter

France’s economy grew at a record rate in the third quarter, rebounding from its pandemic-induced recession in the first half of the year even though output remained well below the level of a year ago. Gross domestic product rose 18.2 per cent in the third quarter from the previous three months, but it was still… Continue reading French economy rebounds with record growth in third quarter

Uncategorized

Twitter posts revenue gains but user growth disappoints

Twitter’s user growth fell short of expectations as it warned of further delays to the introduction of a long-awaited new advertising system, sending its shares down more than 14 per cent. The social media group put in a stronger financial performance in the third quarter thanks to the return of live sports and other events,… Continue reading Twitter posts revenue gains but user growth disappoints

Uncategorized

Organic Polyphenol-Rich Kid's Vitamins – The Fermented Organic Gut Superfoods+ Kids Supports Growth (TrendHunter.com)

Genuine Health recently joined forces with Joyous Health to introduce the new Fermented Organic Gut Superfoods+ Kids, a multivitamin powder designed to boost your child’s nutritional intake. Having a healthy diet is critical for academic performance, mental health, and growth for children and youth, and parents hoping to prepare their children for success will be… Continue reading Organic Polyphenol-Rich Kid's Vitamins – The Fermented Organic Gut Superfoods+ Kids Supports Growth (TrendHunter.com)

Uncategorized

Earnings Results: Chegg, K12 earnings show growth in online-education spending

Chegg Inc.’s results and outlook topped Wall Street estimates Monday. Chegg Inc. Quarterly earnings from online-education companies Chegg Inc. and K12 Inc. topped Wall Street expectations Monday, showing growth as distance-learning initiatives have endured in many places for more than half a year, but their after-hours share performance diverged. Chegg CHGG, -0.08% shares declined in… Continue reading Earnings Results: Chegg, K12 earnings show growth in online-education spending

Uncategorized

Key Words: Here’s why the U.S. could be looking at ‘severely’ limited economic growth even after the pandemic

Getty Images “ ‘A number of countries have done a much better job of dealing with the virus without inflating their budget deficits and printing money.’ ” That’s Bob Prince, co-chief investment officer of the world’s largest hedge fund at Bridgewater Associates, explaining to Bloomberg in a recent interview why the U.S. is looking at… Continue reading Key Words: Here’s why the U.S. could be looking at ‘severely’ limited economic growth even after the pandemic

Uncategorized

Covid cases rise, Q3 earnings bonanza, US growth data

Another week begins with Covid-19 leading the news. Italy has introduced the harshest public health restrictions since the end of its first national lockdown in May as new coronavirus cases hit a fresh daily high on Saturday.  Bars and restaurants across the country will have to close by 6pm under the measures, which are expected… Continue reading Covid cases rise, Q3 earnings bonanza, US growth data

Business news

Arab world’s lone growth outpost lures debt investors back

Foreign debt investors have flocked to Egypt, canceling billions of dollars in spring outings triggered by the coronavirus pandemic, according to the country’s finance minister. Mohamed Maait told the Financial Times that foreign investors now hold more than $ 20 billion in Egyptian debt, reflecting confidence in the only regional economy which has grown this… Continue reading Arab world’s lone growth outpost lures debt investors back

Business news

Atlas Copco chief sees growth in automation as onshoring intensifies

Rising trade protectionism will push companies to bring more production back to the United States and Europe from Asia and they will need automation to reduce costs, according to one of Europe’s leading manufacturers. Mats Rahmstrom, managing director of Atlas Copco, Sweden’s largest company by market capitalization, told the Financial Times he expected high growth… Continue reading Atlas Copco chief sees growth in automation as onshoring intensifies

Uncategorized

Huawei’s revenue growth slows as US tightens sanctions

Revenue growth at Chinese technology group Huawei slowed during the third quarter in the face of new US sanctions and the global economic downturn prompted by the coronavirus pandemic. Huawei said on Friday that revenues in the first nine months of the year were Rmb671.3bn ($100.5bn). That translates into a 3.7 per cent year-on-year increase… Continue reading Huawei’s revenue growth slows as US tightens sanctions

Uncategorized

Netflix subscriber growth slows as lockdown boost fades

Netflix added only 2.2m subscribers in the third quarter, as the streaming service’s boost from pandemic lockdown life faded.  This was a much slower showing than the 16m and 10m subscribers Netflix added in the first and second quarters, respectively.  The company further warned that “as the world hopefully recovers in 2021”, subscriber additions were… Continue reading Netflix subscriber growth slows as lockdown boost fades