BLOOMBERG CORPORATE ACCOUNTABILITY
BOE Decision Day: With a Hike Baked in Traders Look to December
Plus earnings from Next and Diageo
CORPORATE ACCOUNTABILITY // WIRE
3,309 articles · newest reporting from independent and international publishers
BLOOMBERG CORPORATE ACCOUNTABILITY
Nvidia Partner Hon Hai’s Sales Rise 46% Thanks to AI Demand
Hon Hai Precision Industry Co. reported a 46% jump in October sales, reflecting resilient demand for the Nvidia Corp. servers central to a global AI infrastructure build-out.
BLOOMBERG CORPORATE ACCOUNTABILITY
National Grid Upgrades Profit Outlook as Spending Reaches Record
National Grid Plc raised its profit outlook after investment jumped in the first half of the financial year, with the company accelerating spending under its multibillion-pound plan to upgrade the UK’s electricity grid.
BLOOMBERG CORPORATE ACCOUNTABILITY
Republican Midterm Fallout, BOE Eyes Hike, More
Source: Bloomberg, 0:00
BLOOMBERG CORPORATE ACCOUNTABILITY
Poundland Owner Says It’s Trying to Save Jobs at Discount Chain
The US owner of Poundland Group Ltd. said it’s pushing to find a solution for the British discount retailer that secures as many jobs as possible.
BLOOMBERG CORPORATE ACCOUNTABILITY
Stock Movers: Advantest, Toyota Motor, Alibaba (Podcast)
Source: Bloomberg, 4:13
Nintendo Switch 2 sales plunge 41% as price hikes and memory crunch bite
Sales of Nintendo's flagship Switch 2 plunged in its fiscal second quarter after the Japanese gaming giant rolled out price hikes amid soaring memory costs.
BLOOMBERG CORPORATE ACCOUNTABILITY
BT Profit Rises After Cutting Costs, Adding Fiber Users
BT Group Plc reported higher profit last quarter after the former UK telecommunications monopoly slashed costs to focus on its core UK market and added more fiber users for high-speed internet service.
BLOOMBERG CORPORATE ACCOUNTABILITY
Next’s UK Sales Growth Slows as Rising Costs Hurt Shoppers
Next Plc’s UK sales growth slowed in its latest quarter, as rising household bills weighed on shoppers and warmer weather in September held back demand for its autumn clothing ranges.
BLOOMBERG CORPORATE ACCOUNTABILITY
Diageo Sales Outperform in Boost for New CEO’s Overhaul Plan
Diageo Plc sales unexpectedly rose, creating an early tailwind for Chief Executive Officer Dave Lewis’s turnaround plan for the British distiller.
BLOOMBERG CORPORATE ACCOUNTABILITY
Canada’s Avenir Global Acquires Marker Collective, Adding Nvidia, Meta Clients
Canadian holding company Avenir Global struck a deal to acquire communications and marketing firms owned by London’s Next 15 Group Plc, expanding its client list to reach more technology companies.
BLOOMBERG CORPORATE ACCOUNTABILITY
Malaysia Holds Rates, Vows Vigilance as Price Pressures Grow
Malaysia’s central bank kept interest rates unchanged on Thursday but signaled it would be ready to act as price pressures grow.
BLOOMBERG CORPORATE ACCOUNTABILITY
Air France-KLM Deepens Dutch Airline Overhaul; Stock Surges
Air France-KLM is deepening an overhaul of its Dutch subsidiary as the airline group grapples with higher fuel expenses and a cost-of-living crisis that’s starting to deter some passengers.
What the Democratic midterms sweep changes for U.S.-China relations
Analysts note the growing risks around U.S. President Donald Trump's ability to maintain a fragile trade truce.
BLOOMBERG CORPORATE ACCOUNTABILITY
RBA’s Hauser Says He Didn’t Try to ‘Box In’ Rate-Setting Board
Reserve Bank of Australia Deputy Governor Andrew Hauser rejected suggestions his hawkish comments last month might have boxed the interest rate-setting board into tightening after he moved markets significantly.
BLOOMBERG CORPORATE ACCOUNTABILITY
Nintendo’s Profit Decline and Switch 2 Sales Slump Feed Concerns
Nintendo Co. reported a surprise quarterly profit decline, hurt by a dearth of major new game releases and rising Switch 2 component costs.
BLOOMBERG CORPORATE ACCOUNTABILITY
Sony Lifts Outlook After Spider-Man and Games Fuel Growth
Sony Group Corp. raised its profit outlook after a string of entertainment hits propelled better-than-expected results in the September quarter.
BLOOMBERG CORPORATE ACCOUNTABILITY
Oil Pushes Lower on Hopes to End US-Iran War
Brent oil extended its slide after tumbling more than 8% in the previous session as investors bet that a Democratic sweep in the US midterm elections could accelerate efforts to end the war in the Middle East. Bloomberg's Onur Ant reports…
BLOOMBERG CORPORATE ACCOUNTABILITY
DIP Holding: IPO More or Less 4 Times Oversubscribed
DIP Holding has raised $529 million in its initial public offering, pricing at 1.12 dirhams a share. The listing is the first in the UAE since the start of the Iran war. Khalid bin Kalban, Chairman of DIP Holding spoke to Bloomberg’s Abeer…
BLOOMBERG CORPORATE ACCOUNTABILITY
Republicans Growing Blame Game, Musk Stocks Erase $130 Billion
Source: Bloomberg, 0:00
BLOOMBERG CORPORATE ACCOUNTABILITY
Yardeni Sees Inflation Cooling, Says US Yields Attractive at 5%
US 10-year Treasury yields look “very attractive” at around the 5% level with inflation expected to cool, according to Ed Yardeni, president of Yardeni Research.
BLOOMBERG CORPORATE ACCOUNTABILITY
CICC's Diao On Wealth Management Business
Diao Zhihai, Head of International Business of Wealth Management at CICC, discusses the bank's wealth management business following the completion of its acquisitions of Cinda and Dongxing Securities. (Source: Bloomberg)
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