Tag: growth
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Growth of gambling industry threatens public health, commission finds
The Summary Online betting has led the growth of the popularity and accessibility of commercial gambling, according to a report from an international commission of health experts. The experts determined that gambling poses threats to public health and recommended stricter regulation. The rise of online betting has led the commercial gambling industry to balloon worldwide,…
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Tesla shares jump on profit beat, Musk’s prediction of at least 20% ‘vehicle growth’ next year
Tesla reported third-quarter earnings Wednesday that topped analysts’ estimates even as revenue came in just shy of expectations. The stock popped 10.7% in premarket trading. Revenue increased 8% in the quarter from $23.35 billion a year earlier. Net income rose to about $2.17 billion, or 62 cents a share, from $1.85 billion, or 53 cents a…
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China reports third-quarter GDP growth of 4.6%, slightly beating expectations
China’s National Bureau of Statistics on Friday reported third-quarter GDP growth of 4.6% year on year, slightly exceeding the 4.5% expected by economists polled by Reuters. That’s less than the second-quarter growth of 4.7% year on year. On a quarterly basis, the third quarter saw 0.9% expansion, compared with 0.7% in the second quarter. “The…