Facebook won’t ban political advertisement
Stating that ads are an important “voice” — especially for candidates and advocacy groups — founder Mark Zuckerberg asserted the company’s stance was not aimed at driving revenues – … Read More
Month: October 2019
Nintendo’s second-quarter profit doubles as Switch Lite delivers boost
Nintendo Co Ltd’s second-quarter operating profit more than doubled, blowing past analyst estimates, on strong demand for its Switch console. – Reuters: Money News
Qantas, Southwest step up checks of Boeing 737 NGs after more cracks found
Qantas Airways Ltd and Southwest Airlines Co are stepping up checks for structural cracks on Boeing Co 737 NGs after discovering problems with planes that did not require urgent inspections, … Read More
Protests, elections show LatAm tide turning against pro-market agenda
By Jamie McGeever, Fabian Cambero and Joan Manuel Santiago Lopez – Reuters: Money News
Hong Kong falls into first recession in 10 years: govt estimate
The readings were the weakest for the Asian financial hub since 2008/2009. – Stocks-Markets-Economic Times
Hong Kong stocks end firmer after interest rate cut
The China Enterprises index gained 0.5 per cent to 10,533.24. – Stocks-Markets-Economic Times
BOJ sends clearer signal of rate cut chance; keeps policy steady
The decision came hours after the US Federal Reserve lowered rates again on Wednesday . – Stocks-Markets-Economic Times
Cognizant To Exit Some Content Moderation Businesses
The exit from some parts of the content moderation business will hurt financial performance in the coming year, Cognizant said. – NDTV Profit – Latest
Hong Kong falls into first recession in 10 years – government estimate
Hong Kong slid into recession for the first time since the global financial crisis in the third quarter, advance estimates showed on Thursday, weighed down by increasingly violent anti-government protests … Read More
Oil prices rise, shrug off inventory gain, look for China stimulus
Oil prices rose on Thursday as investors banked on more economic stimulus by China after weak PMI data, partly recovering from losses in the previous session on a much larger … Read More