Higher for a change. Im melissa lee coming to you from studio b on the desk, tim seymour, dan nathan and guy adami. We start with meta shares now up 2. 5 just about after posting a top and bottom line beat. The company seeing return to ad Revenue Growth avenue dismal 2022 and Julia Boorstin has all the detail. Meta beat expectations on the top and bottom lines reporting its fastest growth in two year, 23 Revenue Growth in the third quarter. Thats ahead of the 21 that analysts expected. Now, for the Fourth Quarter meta provided a revenue Guidance Range with a midpoint just a hair below analysts consensus and metas year of efficiency, the Company Brought down its expense outlook for the year, down to between 87 and 89 billion from a prior forecast of 88 to 91 billion and it forecast its 2024 expenses for the first time giving a range between 94 and 99 billion now, for context, analysts had been looking for expenses to come in at 100 billion or below so they met that now, the company did
Visiting his grandmother. But first on monday, its down to business. Trade tensions between china and the west are running high particularly over the effect that chinas production of Electric Vehicles has on the international market. Tesla, for example, is already struggling to compete with big chinese players such as byd. Later the European Commission president , ursula von der leyen, will take part in talks to resolve frictions over this particularly over chinese subsidies. The eu wants to fight the corner of european manufacturers hoping to sell their cars both to european consumers and globally. And, of course, theres irritation about chinas perceived toleration of russia since its full scale invasion of ukraine over two years ago. President macron will voice european concerns about that but those words theyre not likely to upend the current world order. Mr xi faces an uphill task in Unwinding Measures against china. Thats according to zsuzsa anna ferenczy, shes an Assistant Profes
Hello, and welcome to Asia Business report. Im steve lai. Chinese president xijinping has kicked off his first trip to europe in five years. Hes arrived in france, and will make stops in serbia and hungary later this week. His visit comes as some countries in europe are taking action over what they perceive to be Anti Competitive Practices by china. For more on what we can expect, lets speak David Weddell has more. President xi arrived south of paris with his wife. French is the only major eu company which. Here at the airport he was greeted by frances prime minister, he will also be meeting a man with whom he has very warm relations, the french president. President xi hosted president macron at the chinese City Of Gong Show last year, where president macron was rapturously received, and in turn, president macron will be hosting his chinese counterpart in french pyrenees, a place where he spent much time as a boy visiting his grandmother. But first on monday, its down to Business Trade
In this fertilizer strengthens the trunk of the plants and it increases their resistance to diseases and pests. This fertilizer is suitable for all remaining crops and crops. Another advantage of this phosphate fertilizer is its mineral and micronutrient elements for better plant growth. The first meeting of managers of Innovation Centers located in universities and science parks. Technology was held across the country. The use of Artificial Intelligence capacities and the necessity of benefiting from the technological products of Scientific Companies are among the axes of this conference. Roe year as the year of production. Holding a meeting in an intelligence and Innovation Factory. The first meeting directors of Academic Centers and Innovation Centers of science and Technology Parks in the country with the presence of the president s. Science and Technology Parks were held with the aim of knowledge transfer. Our goal was to bring together managers of Innovation Centers, Technology P
Have paid special attention to the two principles of surprise, including the technological surprise of the enemy and the surprise of the countrys technological prevention. It needed to be legislated so that it could actually continue working properly at maximum capacity. In this meeting, the deadline for the implementation of the statute of the National Post company was also extended for another 2 years. Was approved. Commission of the 9th majlis which entered a meeting was held on monday evening with the presence of the minister of Mining Industry and trade. The scrapping of worn out cars, the safety of domestically produced cars, the import of secondhand foreign cars, as well as the development of the countrys general Fleet Transportation were among the orders of this meeting. Regarding the issue of import, i told you that the regulations have been compiled this year, fortunately. It is in the budget and they should take the trouble , god willing, it will be followed up so that these