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X @Bloomberg
Bloomberg· 2025-07-09 21:04
Thailand is known for its scenic beaches, Buddhist temples, and vibrant nightlife. However, it also serves as a cautionary tale of a society where democratic institutions crumble, leaving oligarchs to fight it out https://t.co/r8dknSviTv ...
X @The Economist
The Economist· 2025-07-09 16:20
Vienna has lost its crown. Instability threatens living standards everywhere https://t.co/TOMPyCdFH7 ...
X @Bloomberg
Bloomberg· 2025-07-03 16:10
While many investors were fretting over the potential for UK fiscal instability this week, some saw an opportunity to load up on government bonds https://t.co/EkwAXIKuZY ...
Microsoft Layoffs Are Here and These 3 Games Have Already Been Canceled
CNET· 2025-07-03 13:20
Group 1: Company Actions - Microsoft is implementing mass layoffs, cutting approximately 4% of its workforce, equating to about 9,000 roles across the company [1] - Microsoft Gaming chief Phil Spencer indicated that the company will end or decrease work in certain areas to focus on strategic growth and increase agility by removing layers of management [2] - Xbox Game Studios head Matt Booty confirmed the cancellation of several games, including "Perfect Dark" and "Everwild," and mentioned the closure of The Initiative studio [3] Group 2: Game Cancellations - The cancellation of "Perfect Dark," a reboot of the classic FPS series, is significant, with development ongoing since 2018 and gameplay footage shown in June 2024 [4] - "Everwild," a new IP from Rare, has also been canceled after a tumultuous development period, having been announced in 2019 and rebooted in 2021 [5][6] - An untitled MMORPG from Zenimax Online Studios, codenamed "Blackbird," which was intended as a successor to "Elder Scrolls Online," has also been put on hold [6][7] Group 3: Industry Impact - The layoffs and game cancellations highlight job instability in the gaming industry, raising concerns about the future of major game releases and overall confidence among gamers [8][9] - The cancellations of high-profile titles like "Perfect Dark" and "Everwild" could impact Microsoft's release schedule in the coming years, although all games showcased during the 2025 Xbox Games Showcase will continue development [9]
Thai Prime Minister's Suspension Deals Fresh Blow to Economy
Bloomberg Television· 2025-07-02 02:36
[CC may contain inaccuracies] Talk about Thailand. Certainly that's really come front and center. When you look at business sentiment, you look at the markets where, in that hole that equity markets are in.The constitutional court suspending the prime minister while it reviews this petition seeking her permanent removal over alleged ethical misconduct. Let's bring in Patpicha Tanakasempipat, our bureau reporter in Bangkok, for us to get us through what the latest is today. This seems to be a very fast movin ...
Jerash Holdings(JRSH) - 2025 Q4 - Earnings Call Transcript
2025-06-23 14:02
Jerash (US) (JRSH) Q4 2025 Earnings Call June 23, 2025 09:00 AM ET Company Participants Roger Pondel - CEOChoi (Samuel) Lin Hung - Chairman, President, CEO & TreasurerEric Tang - Head - Operations, JordanGilbert Lee - CFOMark Argento - President, Co-Founder & Head - Institutional EquitiesIgor Novgorodtsev - Principal Conference Call Participants Michael Baker - MD & Senior Research Analyst Operator Good morning, everyone. Welcome to Girash Holdings Fiscal twenty twenty five Fourth Quarter and Full Year Fina ...
Dallek: Violence makes Americans feel more unsettled
CNBC Television· 2025-06-16 11:39
at George Washington University and joins us live this morning. I guess, Professor Dallek, the big question right now is these things strike at our core as a country. We don't have violence when it comes to politics.What exactly can this do one way or another, if anything, to the confidence of the American economy and financial markets. >> Yeah. Well, first of all, it's hard to know exactly how violence affects the economy.I think in the moment we're in, though, the instability of the last six months and fr ...
Eni Monitors Iraq's Security Situation Amid US Embassy Evacuation
ZACKS· 2025-06-13 13:20
Key Takeaways E continues operations at the Iraq Zubair field despite the U.S. embassy exit and rising tensions. The company follows strict security protocols and employs over 500 personnel, mostly international staff. E views regional instability as a key risk but remains committed to protecting assets and business continuity.Italian energy major Eni S.p.A. (E) is keeping a close watch on the evolving security conditions in Iraq following the U.S. decision to evacuate its embassy in the country. A spokes ...
3 Utility Stocks to Add to Your Portfolio as Market Volatility Lingers
ZACKS· 2025-06-05 14:26
Key Takeaways SWX, NJR, and TELNY benefit from investor rotation into stable, dividend-paying utility stocks. The expected earnings growth rate for SWX, NJR and TELNY is 17.7%, 9.9% and 17.1%, respectively. All the stocks carry a strong VGM Score and a favorable Zacks Rank, signaling strong growth and value.Utility stocks are less affected by market volatility because of their intrinsic defensive nature. They protect investments when things are not going well. Whatever the state of the economy, a househol ...
Nissan's CEO on leading in chaos: be fast and be flexible
CNBC· 2025-06-04 14:49
Core Insights - Nissan's new CEO Ivan Espinosa emphasizes the need for optimism and adaptability in a challenging global auto industry environment marked by slowing EV sales, increased competition from China, and new tariffs impacting profits [1][2] Group 1: Industry Challenges - The global auto industry is facing significant challenges, including slowing electric vehicle (EV) sales and heightened competition from Chinese manufacturers [1] - New tariffs are posing additional threats to profit margins within the industry [1] Group 2: Leadership Dynamics - CEO departures in U.S. companies surged by 38% in December, with a record total of 2,221 CEOs stepping down in 2024, the highest since tracking began in 2002 [3] - Espinosa advocates for a modern leadership approach that embraces flexibility and openness to change, contrasting with past leadership styles that were often stubborn and resistant [3] - The current environment necessitates more collaboration among industry leaders, as geopolitical issues and supply chain challenges make it difficult for companies to operate independently [3]