Meta shares jumped on Wednesday after the social media company’s sales for the final quarter of 2022 came in better than expected and it authorised an additional $40bn in share buybacks. Meta, which owns Facebook, Instagram and WhatsApp, reported revenues of $32.2bn, a 4 per cent decline from the year before but at the top […]
Tag: resilient’
A grounds crew member directs an United Airlines airplane to a gate at Terminal A at Newark Liberty International Airport (EWR) in Newark, New Jersey, US, on Thursday, Jan. 12, 2023. Aristide Economopoulos | Bloomberg | Getty Images United Airlines‘ fourth-quarter profit and outlook for early 2023 topped Wall Street estimates thanks to strong travel […]
Officials with Maritime Electric presented the company’s plans for a greener, more resilient electrical grid, in response to the ongoing challenges of climate change, to a P.E.I. Legislature committee on Thursday. But some MLAs on the committee said they don’t think the measures go far enough or move quickly enough, arguing the company and the province […]
António Guterres was addressing a one-day international summit in Paris, with leaders from around 50 nations reportedly in attendance, where agreement was reached to deliver some €1 billion in new financing to help repair the energy grid, water systems and health facilities, damaged by Russian missile attacks. The Secretary-General said that around 10 million consumers […]
Britons have a love-hate relationship with Oxford university. It designed a Covid-19 vaccine, yet oozes academic feuds. It represents aspiration, yet the left see it as elitist and the right as woke. Its attempts to portray itself as a modern university — which needs more public support — jar with the medieval architecture and formal […]
Kolkata: The state of the Indian economy could be described as resilient as domestic inflationary pressures begin to ease while it faces ‘formidable headwinds’ because of the volatile global financial markets, the Reserve Bank of India (RBI) said in its state of the economy report for October. “Lead indicators of economic activity point to sustained […]
Blockchain Based Metaverse and Crypto Gaming Stayed Resilient Amidst Crypto Winter The Coin Republic Source link
RED LODGE, Mont. — In June, as the days grew longer and the air began to soften in this tight-knit mountain town, the creek that tumbles through its center was transformed into a blunt, destructive force. Swelled by sudden snowmelt, dragging boulders with it, the water swamped bridges, homes, and businesses — and cut off […]
Microsoft’s head of gaming said Wednesday that video games can stand up to economic weakness, even as the software maker expects slower pickup in other parts of its business targeting consumers. Rising prices and interest rates have inspired investors to hurry up and find pockets of financial markets that can hold up in a downturn. […]
Bank of America shrugged off recession concerns and raised its annual outlook for revenue as resilient consumers gave the bank enough confidence to continue pushing for growth. “An analyst might wonder whether the talk of inflation, recession, and other factors could rectify slower spending growth,” chief executive Brian Moynihan said. “We just don’t see it […]