November 13, 20240 Comments

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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November 12, 20240 Comments

Unemployment rises as pay growth slows again

The UK’s unemployment rate has risen, official figures suggest, while pay growth continues to slow. The rate of unemployment stood at 4.3% in the three months to September, up from 4% the previous quarter. However, the Office for National Statistics (ONS) urged caution over giving too much weight to its latest jobs figures due to issues with how it gathers the data. While wage growth has eased, pay is still

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