Disney posts better-than-expected revenue

Source: Dukascopy Bank SA
Walt Disney posted better-than-expected quarterly revenue on Thursday due to live sports return to ESPN and the recovery of the company's theme parks after shutdowns caused by pandemic.
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Fri, 13 Nov 2020 06:59:01 GMT

Tencent reports 89% profit rise

China's Tencent reported an 89% surge in its quarterly profit, beating analysts' forecasts on Thursday, driven by its solid advertising and blockbuster game Honour of Kings launch.

Fri, 13 Nov 2020 05:05:05 GMT

Daimler set to shrink by shifting to EVs

Daimler is set to become a smaller company in five years, as it seeks to shift its focus to manufacturing electric self-driving vehicles; a decision that is likely to result in job cuts.

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