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Jollibee seen sustaining earnings growth this year

JOLLIBEE Foods Corp. (JFC) will likely continue its growth trajectory this year on the back of global store expansion and sustained domestic momentum, Maybank Investment Banking Group said. Maybank, in a report last week, said JFC’s earnings before interest and taxes would likely expand by 10 percent and net income by 17.8 percent as it

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Global music biz sees 10.2% growth in 2023 – industry

PARIS: Global music revenues were up 10.2 percent last year to $28.6 billion, according figures released Thursday, but record firms are concerned over how to maintain growth in the streaming era. The biggest artist in the world was no surprise Taylor Swift, according to the annual report by International Federation of the Phonographic Industry (IFPI),

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Wisconsin Employment in February: Continued Growth

Employment still outstripping the November Wisconsin DoR forecast, based on SPGMI national outlook. Figure 1: Wisconsin nonfarm payroll employment (black), DoR forecast (tan +), implied from SPF forecast, 000’s, s.a. Source: DWD, Wisconsin Dept. of Revenue (Nov.), SPF and author’s calculations. The Wisconsin Economic Outlook forecast from November was based on the slowdown at the national level

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“I Don’t Believe in Growth”

Yves here. I suspect many readers will want to weigh in on this topic. There are a host of questions related to the ones Richard Murphy raises, as in do we really need population growth if we can be more clever about managing the dependency of the young and old? Pre-Industrial Era societies did not

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China can meet growth target – NBS spokesman

BEIJING: China has conditions to achieve its full-year growth target of around 5 percent for 2024 via enhanced efforts, a spokesman for the National Bureau of Statistics (NBS) said on Monday. Although the environment for economic development remains complex and grave, the fundamentals of the Chinese economy have continued to improve, and the positive factors

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CATL records 44% net income growth

FUZHOU, China: Contemporary Amperex Technology Co., Ltd. (CATL), China’s largest automotive lithium-ion battery maker, posted strong net profit growth of 44 percent in 2023. Net profit attributable to its shareholders surged to 44.1 billion yuan (about $6.21 billion) in the period, CATL said in its annual report filed to the Shenzhen Stock Exchange Friday.

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