Tencent Q3 revenue rises 8% on gaming strength, matches estimates By Reuters

BEIJING (Reuters) – Chinese technology giant Tencent Holdings (OTC:) posted on Wednesday a 8% rise in third-quarter revenue, driven by growth in its gaming business after the recent launches of new titles. Tencent, the world’s largest video game company and operator of the WeChat messaging platform, reported revenue of 167.19 billion yuan ($23.14 billion) for the quarter ended Sept. 30, in line with average analyst estimates of 167.8 billion yuan,

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Exclusive-Chinese giant CATL pushes beyond batteries into power grids, EV platforms By Reuters

NINGDE, China (Reuters) – Robin Zeng, the billionaire founder of CATL, aims to reinvent the world’s largest battery maker as a green-energy provider and to slash the cost of developing electric vehicles, upending the economics of the industry that has powered its growth. Zeng told Reuters in an interview that he expects the business of developing and managing “zero carbon” electric grids could be “ten times” larger than supplying electric-vehicle

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Australia stocks lower at close of trade; S&P/ASX 200 down 0.75% By Investing.com

Investing.com – Australia stocks were lower after the close on Wednesday, as losses in the , and sectors led shares lower. At the close in Sydney, the declined 0.75%. The best performers of the session on the were James Hardie Industries PLC (ASX:), which rose 6.21% or 3.12 points to trade at 53.36 at the close. Meanwhile, Megaport Ltd (ASX:) added 3.46% or 0.28 points to end at 8.38 and

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Trump names Musk, Ramaswamy to lead newly formed Department of Government Efficiency By Reuters

WASHINGTON (Reuters) -U.S. President-elect Donald Trump said on Tuesday Elon Musk and former Republican presidential candidate Vivek Ramaswamy will lead the newly created Department of Government Efficiency. Musk and Ramaswamy “will pave the way for my Administration to dismantle Government Bureaucracy, slash excess regulations, cut wasteful expenditures, and restructure Federal Agencies,” Trump said in a statement. Trump said their work would conclude by July 4, 2026, adding that a smaller

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