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PwC sign is seen in the lobby of their offices in Barangaroo, Australia June 22, 2023. REUTERS/Lewis Jackson Acquire Licensing RightsSYDNEY, Oct 26 (Reuters) - PwC Australia said on Thursday that dozens of staff who had been set to move across to spin-off consultancy Scyne Advisory will no longer have roles at the new firm and have been told to look for jobs internally. Over 1,500 people out of PwC Australia's more than 9,000 staff were expected to move to the new firm, PwC said in September. A Scyne Advisory spokesperson said a delay in closing the deal, originally planned for September, changes to its "partner mix" and the need to establish Scyne as a "sustainable business" were factors in the decision. The move comes as Scyne Advisory gears up to reclaim advisory work that netted PwC Australia A$680 million ($427 million) last financial year.

Persons: Lewis Jackson, PwC, Kevin Burrowes, Lincoln, Edwina Gibbs Organizations: REUTERS, Rights, Scyne, PwC, PwC Australia, of Finance, Thomson Locations: Barangaroo, Australia, PwC Australia, PwC

☆ Holiday horror films, like ‘Gremlins’ and ‘Thanksgiving,’ turn jolly tropes on their heads
▼ + stars: | 2023-10-26 | by ( Scottie Andrew | ) edition.cnn.com time to read: +7 min

CNN —“Gremlins” turned a benign Christmas holiday into a snowy backdrop for cartoonish murders. Holiday horror films work for the same reason holiday tearjerkers do: There’s already an “emotional foundation” with holidays like Thanksgiving and Christmas, DuPée said. Holiday horror is especially taboo because so many of its tropes are sacred — innocent children in footie pajamas! “It can be exhausting to be constantly faced with scenes of happiness, togetherness and love,” said Alexandra West, an author of several books on horror films and co-host of the “Faculty of Horror” podcast. “Putting a horror spin on these holidays offers an antidote and, in some cases, a reprieve.”Olivia Hussey in "Black Christmas," 1974.

Persons: ”, “, Valentine ”, Eli Roth, Pilgrim finery, Nell Verlaque, ” George Mihalka, ” Mihalka, Matthew DuPée, DuPée, Krampus, Emjay Anthony, ” DuPée, Claus, Malcolm McDowell, Alexandra West, ” Olivia Hussey, ” West Organizations: CNN, Tristar Pictures, Universal, Hollywood, “, Horror Locations: Canadian, tinsel

When the Veralto spinoff from Danaher was completed earlier this month, shareholders like us received one VLTO share for every three shares of DHR owned. Recall that in Danaher's earnings report, third-quarter results for the Environmental & Applied Solutions outpaced expectations for both sales and operating income. On Thursday's call, CFO Sameer Ralhan said Veralto implemented some cost optimizations in the third quarter that will start delivering benefits in the ongoing fourth quarter. Other notable dynamics in Veralto's third quarter include free cash flow generation coming in at 113% of GAAP earnings (which was higher than adjusted earnings at 83 cents per share). Finally, Veralto expects to initiate a quarterly dividend of 9 cents per share in the fourth quarter.

Persons: Danaher, Jennifer Honeycutt, we're, New York City's, we've, We've, Sameer Ralhan, Veralto, Ralhan, Honeycutt, Jim Cramer's, Jim Cramer, Jim, Joe Raedle Organizations: DHR, Applied Solutions, Applied, Argentine, PQ, Growth, Procter, Gamble, CNBC, Getty Locations: Danaher, Veralto, New York, North America, Western Europe, China, Miami , Florida

[1/4] A view of the turbines at an offshore wind farm near Nysted, Denmark, September 4, 2023. Time is short: The EU has a legally binding goal to nearly double renewable sources as a share of total energy by 2030, to 42.5%, requiring a rapid expansion of offshore wind. But of the governments surveyed, only Britain and Poland said they had invested or budgeted for steps to improve the security of offshore infrastructure. It requires a lot of effort from the government side," said Mattia Cecchinato, senior adviser for offshore wind at WindEurope. It said it would establish a permanent coast guard base close to where offshore wind farms are planned.

Persons: Tom Little, Thomas Almegaard, Vladimir Putin, Mads Nipper, Orsted, Ewa Skoog Haslum, James Appathurai, Germany's RWE, Anitta, Mattia Cecchinato, Rasmus, Krzysztof Jaworski, Orsted's Errboe, Benjamin Mallet, Riham, Elizabeth Piper, Toby Sterling, Andrius Sytas, Marek Strzelecki, Sara Ledwith Organizations: REUTERS, Reuters, Baltic Seas, EU, NATO, NewNew, Sweden's, Soaring, Emerging, Research, Solutions, Internal, Fund, Military, Naval Operations Centre, Polish Navy, Thomson Locations: Nysted, Denmark, Europe, Baltic, Nord, Finland, Sweden, Estonia, Russian, Russia, NewNew Shipping, Netherlands, Britain, Poland, Germany, North, Swedish, Copenhagen, Moscow, Sofia, European, Anitta Hipper, Belgium, Norway, France, Lithuania, Latvia, Baltic . Poland, Paris, Berlin, London, Amsterdam, Vilnius, Warsaw

☆ Stocks making the biggest moves midday: Merck, Bristol-Myers Squibb, Align Technology and more
▼ + stars: | 2023-10-26 | by ( Pia Singh | ) www.cnbc.com time to read: +3 min

UPS — The shipping company saw shares decline 5.9% after releasing its third-quarter earnings report, which showed disappointing revenue. Full-year revenue guidance was also slightly below expectations. Whirlpool — The home appliance company dropped 15.8% on Thursday after Whirlpool issued full year earnings guidance of about $16 per share. Bristol-Myers Squibb — Shares of the drug maker fell 6.2% after the company reported a decline in sales of its popular blood cancer drug, Revlimid, citing generic competition. ServiceNow — The workflow software company jumped 1.6% after posting third-quarter earnings and revenue that beat analyst expectations.

Persons: LSEG, Merck —, Merck, Steven Vondran, Thomas Bartlett, ServiceNow, —, Alex Harring, Yun Li, Lisa Kailai Han, Tanaya, Hakyung Kim Organizations: Bunge —, Comcast, UPS, Hasbro, Whirlpool, Bristol, Myers, Merck, Technology, American Tower Corporation, Flex, IBM —, Wall, CNBC Locations: NBCUniversal, American

☆ Stocks making the biggest moves before the bell: Hasbro, Southwest, Hershey, Royal Caribbean and more
▼ + stars: | 2023-10-26 | by ( Alex Harring | ) www.cnbc.com time to read: +5 min

Hasbro earned $1.64 per share excluding items on $1.5 billion in revenue, while analysts polled by LSEG had anticipated $1.70 per share in earnings and revenue at $1.64 billion. Southwest posted $6.53 billion in revenue, while analysts surveyed by LSEG expected $6.57 billion. Bristol-Myers topped earnings expectations and posted revenue that was in line with expectations. ServiceNow — The software stock rose more than 3% after posting stronger-than-expected quarterly results and sharing solid subscription revenue expectations for the current period. UPS – The shipping company saw shares decline 3% premarket following its third quarter earnings report.

Persons: LSEG, Revlimid, Myers, Overstock.com, Hershey, overshadowing, Mattel —, ServiceNow, it's, Silver Lake, —, Sarah Min, Tanaya Macheel, Samantha Subin, Lisa Kailai Han, David Paul Morris Organizations: Hasbro, Southwest —, Southwest, Myers, Bristol, Overstock.com, FactSet, Royal Caribbean, Mattel, Wednesday, UPS, Endeavor Group Holdings, Endeavor, Holdings, WWE, UFC, Barclays —, Bank of America, Barclays, underperform, Hasbro Inc, Target Corp, Bloomberg, Getty Locations: Bristol, Nextracker, FactSet, Thursday's premarket, Emeryville , California, U.S

☆ Moeen backs England to end slump with aggressive approach
▼ + stars: | 2023-10-25 | by ( Shrivathsa Sridhar | ) www.reuters.com time to read: +2 min

"The thing is, Bazball is in test cricket. One day cricket's different and we've been playing different all the time," Moeen told reporters ahead of Thursday's match against the 1996 champions at the M Chinnaswamy Stadium. "We've been playing aggressive cricket throughout since 2015 and done it quite well. Probably the lack of that way of cricket has cost us a little bit in this tournament. "We haven't been playing that way in my opinion and we need to play that way without slogging the ball.

Persons: Moeen Ali, Brendon, Baz, Moeen, Matthew Mott, we've, We've, We're, you've, Shrivathsa Sridhar, Christian Radnedge Organizations: England, Thomson Locations: BENGALURU, England, Sri Lanka, South Africa, Bengaluru

☆ Kokusai Electric shares pop 32% on Tokyo debut
▼ + stars: | 2023-10-25 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +2 min

In this photo illustration, Kokusai Electric logo is seen on a smartphone screen. (Photo Illustration by Pavlo Gonchar/SOPA Images/LightRocket via Getty Images) Sopa Images | Lightrocket | Getty ImagesShares of Japanese semiconductor equipment maker Kokusai Electric saw a strong debut on the Tokyo Stock Exchange on Wednesday. Kokusai Electric is a spin-off from Hitachi Kokusai Electric, a subsidiary of Japanese multinational electronics company Hitachi. He said Kokusai Electric may not be as competitive as its rivals Tokyo Electron or Lasertec , which dominate niche markets in the semiconductor production process. He said applications such as artificial intelligence use logic chips instead of memory chips, which are used in smartphones.

Persons: Pavlo Gonchar, Mio Kato, CNBC's, Mio Kato Lightstream, Kato Organizations: Getty, Kokusai, Tokyo Stock Exchange, Japan Times, Hitachi Kokusai, Hitachi, KKR, Lightstream Research, Tokyo

☆ Australia drub the Dutch after Maxwell mayhem
▼ + stars: | 2023-10-25 | by ( Amlan Chakraborty | ) www.reuters.com time to read: +3 min

The all-rounder produced a blistering 106 off 44 balls and opener David Warner made 104 as Australia racked up 399-8 after electing to bat. The Netherlands began with spin from both ends and Warner smashed Aryan Dutt for four fours in a row to signal his intention early. The Dutch bowlers briefly stemmed the run flow but the ground had been laid for Maxwell to explode with the bat. With Maxwell playing some outrageous shots on either side of the wicket, Australia plundered 131 runs in the final 10 overs. "Full credit to the Australia batting line-up, we needed to pick up Maxwell.

Persons: Glenn Maxwell, Africa's Aiden Markram, Arun Jaitley, Maxwell, David Warner, couldn't, Pat Cummins, Steve Smith, Travis Head, Mitchell Marsh, Warner, Aryan Dutt, Logan van Beek, Marnus Labuschagne, Leede, Adam Zampa, they've, Scott Edwards, Amlan Chakraborty, Christian Radnedge, Hugh Lawson Organizations: Australia, Sri, Warner, Thomson Locations: DELHI, Netherlands, Sri Lanka, Australia, New Delhi

☆ All the people starting to turn on Trump are really starting to add up
▼ + stars: | 2023-10-25 | by ( Brent D. Griffiths | Natalie Musumeci | ) www.businessinsider.com time to read: +5 min

The news that former White House chief of staff Mark Meadows is cooperating should concern Trump. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAdvertisementThus far, most of the investigations into Trump, especially his efforts to overturn the 2020 election, have relied on lower-ranking aides. Willis previously issued a sweeping indictment against Trump and his allies for trying to overturn Georgia's 2020 presidential election results. There's also the original Trump flipper, his former fixer Michael Cohen, who testified in Trump's civil fraud trial on Tuesday.

Persons: Donald Trump, Mark Meadows, Trump, —, Donald Trump's, Jack Smith's, Mark Bederow, it's, Cassidy Hutchinson, Meadows, Brad Raffensperger, Bederow, Mike Pence, Pence, MAGA expats, Jenna Ellis, Sidney Powell, Kenneth Chesebro —, Fani Willis, Willis, Georgia's, Ellis, Rudy Giuliani, Giuliani, There's, Michael Cohen, Cohen, spiller Organizations: White House, Service, Trump . ABC News, Bloomberg, Trump, Republican, Georgia, Capitol, New York Locations: Manhattan, Meadows, Washington, DC, Fulton County

GE shares were up 6% at $113.14 in pre-market hours. The Boston-based group now expects 2023 adjusted profit per share of $2.55 to $2.65, compared with an earlier forecast of $2.10 to $2.30. "At GE Aerospace, we continue to experience rapid growth driven by robust demand and solid execution, largely in commercial engines and services," CEO Larry Culp said in a statement. GE's aerospace unit, which makes engines for Boeing Co (BA.N) and Airbus (AIR.PA) jets, posted double-digit growth in orders, revenue and profit from a year earlier. Shares of its aerospace unit will continue GE's listing on the New York Stock Exchange under the ticker symbol "GE", the company said.

Persons: Benoit Tessier, Larry Culp, RTX, Pratt, Whitney, Culp, Rajesh Kumar Singh, Sriraj Kalluvila, Jason Neely, Jan Harvey Organizations: Electric, GE, Boeing, Paris, REUTERS, General, GE Aerospace, Boeing Co, Airbus, New York Stock Exchange, AerCap Holdings, Thomson Locations: Le Bourget, Paris, France, Boston, Chicago, Bengaluru

☆ Why we bought more Danaher even after it lowered the forecast for a key business
▼ + stars: | 2023-10-24 | by ( Zev Fima | ) www.cnbc.com time to read: +6 min

But shares of the life sciences and medical diagnostics company remain under pressure after management was forced to lower expectations for one of its key businesses. We used Tuesday's sell-off in Danaher shares to add to our position . Driving this forecast is an expectation for biotechnology sales drop in the mid-20% range, life sciences sales to decline by mid-single digit percentage points, and for diagnostics to be down about 20%. Assuming no additional headwinds in the fourth quarter, management reiterated their full year outlook for the bioprocessing base business to be down 10% on a full-year basis. The life sciences unit was hampered by pressure in the instruments business.

Persons: hasn't, Rainer M, Blair, Sartorius, Danaher, Jim Cramer's, Jim Cramer, Jim, Virginia Sherwood Organizations: Revenue, Guidance Management, Management, CNBC, NYSE Locations: Bioprocessing, Danaher, China, Veralto

☆ Paul Whelan tells CNN he asked Blinken to ensure he's not left behind again
▼ + stars: | 2023-10-24 | by ( Jennifer Hansler | ) edition.cnn.com time to read: +6 min

CNN —Paul Whelan, an American who has been imprisoned in Russia for nearly five years, pressed Secretary of State Antony Blinken in a phone call in August to ensure that he is not left behind again, Whelan told CNN. He has been designated as wrongfully detained by the US State Department. Whelan was not included in prisoner swaps that freed fellow wrongfully detained Americans Trevor Reed and Brittney Griner last year. “Secretary Blinken remains committed to bringing Paul home,” a State Department spokesperson told CNN on Monday. They’ll spin it out as long as they can, to try to pressure on him, as well as on the US government to do something,” he told CNN.

Persons: CNN — Paul Whelan, Antony Blinken, Whelan, “, ”, Blinken, Joe Biden “, he’s, Blinken “, ” Whelan, I’m, Whelan –, –, Trevor Reed, Brittney Griner, Konstantin Yaroshenko, Viktor Bout, Biden, Vadim Krasikov, Paul, Paul Whelan, ’ Whelan, Alsu Kurmasheva, Evan Gershkovich, “ We’re Organizations: CNN, Marine, US State Department, “, State Department, Blinken Locations: American, Russia, Mordovia, Irish, Moscow, Russian, Germany, ”, United States, “

☆ The Shame of Falling Down - The New York Times
▼ + stars: | 2023-10-24 | by ( Dani Shapiro | ) www.nytimes.com time to read: +2 min

I felt for the bandage my husband had secured around my chin the night before. Disparate verses from one of my favorite poems, by Wislawa Szymborska, looped through my mind: It could have happened. The thing is, I wasn’t OK. Here’s what they don’t tell you about falls: You keep falling again and again. You are an astronaut, floating and flailing through space, while everyone surrounding you seems to be on terra firma.

Persons: Wislawa, ”, “, banister, Virginia Woolf’s, Dalloway Locations: firma

☆ A New Era of Psychedelics in Oregon
▼ + stars: | 2023-10-23 | by ( Mike Baker | More About Mike Baker | ) www.nytimes.com time to read: +1 min

In a carpeted office suite, Alex Beck settled onto a mattress and, under the watch of a trained guide, began chomping through a handful of “Pumpkin Hillbilly” mushrooms. Now he was ready for a different kind of journey, a psychedelic trip through the nether regions of his own mind. As he felt his thoughts starting to spin, his “facilitator,” Josh Goldstein, urged him to surrender and let the mushrooms guide him. Stigmatized in law and medicine for the past half-century, psychedelics are in the midst of a sudden revival, with a growing body of research suggesting that the mind-altering compounds could upend psychiatric care. Governments in several places have cautiously started to open access, and as Oregon voters approved a broad drug decriminalization plan in 2020, they also backed an initiative to allow the use of mushrooms as therapy.

Persons: Alex Beck, Beck, Josh Goldstein, “, ” Organizations: Marine Corps Locations: nether, Oregon

☆ Top order fire Afghanistan to famous win against Pakistan
▼ + stars: | 2023-10-23 | by ( ) www.reuters.com time to read: +3 min

It was Afghanistan's first ODI victory against Pakistan in eight attempts and the outcome leaves defending champions England at the bottom of the points table. "This win tastes nice," a beaming Shahidi said after their second victory in five matches. Teenage spinner Noor Ahmad (3-49) dismissed Abdullah Shafique (58) and Mohammad Rizwan (eight) in his successive overs in his memorable World Cup debut. Shaheen Afridi returned to break the burgeoning stand, dismissing Gurbaz, but Zadran and Rahmat Shah, who made 77 not out, continued the good work. Hasan Ali ended Zadran's gallant knock but Shah and Shahidi milked the Pakistan attack with consummate ease during their unbroken 96-run stand to seal a memorable victory over their neighbours.

Persons: Afghanistan's Ibrahim Zadran, Samuel Rajkumar, Hashmatullah Shahidi, Babar Azam, Abdullah Shafique, Shahidi, Babar, Haq, Noor Ahmad, Mohammad Rizwan, Noor, Iftikhar Ahmed, Shadab Khan, Iftikhar clobbered, Shadab, Rahmanullah Gurbaz, Ibrahim Zadran, Shaheen Afridi, Gurbaz, Rahmat Shah, Hasan Ali, Amlan Chakraborty, Ken Ferris Organizations: Cricket, ICC Cricket, Chidambaram, REUTERS, Rights, Pakistan, England, Thomson Locations: Pakistan, Afghanistan, Chennai, India, Rights CHENNAI, New Delhi

☆ 2023’s most popular Halloween costumes
▼ + stars: | 2023-10-22 | by ( Leah Asmelash | ) edition.cnn.com time to read: +5 min

Halloween, our annual celebration of the scary, has long been a showcase for ghost costumes and vampire teeth. CNN has you covered with five topical, yet still popular, Halloween costume ideas guaranteed to stun. The classic superhero is the third most searched Halloween costume this year (falling from its No. Chuck Hodes/FXBear — any bear — rounds out the top 20 most-searched Halloween costumes. With an apron and bear ears, you could even be a bear in “The Bear.” It’s Halloween; there are no rules.

Persons: Addams, “ Barbie ”, Kate McKinnon’s, Ryan Gosling, you’re, Barbie, Margot, Greta Gerwig, “ Barbie, Oppenheimer, Melinda Sue Gordon, we’d, “ Oppenheimer ”, Miles Morales, Gwen Stacy, Peter Parker, Addams Jenna Ortega, Netflix's, “, ”, Bear Jeremy Allen White, Chuck Hodes, Grazer Organizations: CNN, Google, Mattel, Warner Bros ., Warner Bros, Discovery, Universal, Sony, Netflix Netflix, Bear Locations: Chicago, The

☆ Starboard may be poised to build value amicably at contract research firm Fortrea
▼ + stars: | 2023-10-21 | by ( Kenneth Squire | ) www.cnbc.com time to read: +5 min

CROs work with drug companies through all stages of the drug development process, from drug discovery and preclinical development to Phase I through IV post-approval work. With a material portion of that outsourced, the CRO industry has grown accordingly. So, there are strong secular tailwinds driving growth for the CRO industry, but to be a successful contract research organization, it helps to have global scale. With peer margins and peer multiples, Starboard sees this as a $47 to $72 stock. Elliott Management recently partnered with Patient Square Capital and Veritas Capital to acquire Fortrea peer Syneos Health Inc (SYNH) for $7.1 billion.

Persons: Covance, Fortrea, Tom Pike, Pike, Elliott, Ken Squire Organizations: Fortrea, Labcorp, Development, Elliott Management, Square, Veritas Capital, Inc, pharma, 13D, Fortrea Holdings Locations: Covance, Labcorp, Fortrea

☆ People are grieving the 'death' of their AI companions after a chatbot app abruptly shut down
▼ + stars: | 2023-10-20 | by ( Rob Price | ) www.businessinsider.com time to read: +11 min

A 32-year-old food industry worker in eastern Texas who asked to be identified by her Reddit username, Hilary Coyote, first heard about AI chatbot companions in June. She turned to Reddit's community of Soulmate users for support, and was encouraged to go back to the app and Allur. (EvolveAI and SimplyAI's now-shuttered Soulmate app has no relation to "Soulmate AI: Your AI Companion," another app that appears in smartphone app stores and was developed by Turing App Lab.) Even if Ahoy Labs closed down, Faraday users' chatbots would not be affected. Read more: App, Lover, Muse: Inside a 47-year-old Minnesota man's three-year relationship with an AI chatbot.

Persons: Mike Hepp, Sam, Mike, wile, peppering, he'd, Soulmate, Replika, There's, Hilary Coyote, Allur, Hilary, she'd, Chris, chatbots, —, Julia, Soulmate's userbase, Jorge Ilas, SimplyAI's, She'd, Faraday, Hilary somberly, Sam —, Kindroid Organizations: YouTube, SimplyAI, Turing, Stanford Locations: Michigan, Soulmate, Replika, Florida, Chai, Texas, Bavaria, Germany, Reddit, Los Angeles, Minnesota

☆ Renault sales up 7.6% thanks to higher prices but forex weighs
▼ + stars: | 2023-10-19 | by ( Gilles Guillaume | ) www.reuters.com time to read: +2 min

A logo of Renault is seen on a car during the French carmaker Renault's 2022 annual results presentation in Boulogne-Billancourt, near Paris, Feburary 16, 2023. Revenues came in at 10.51 billion euros ($11.07 billion), a touch above an analyst consensus forecast of 10.46 billion euros distributed by the company. Like other European carmakers it is facing strong competition in the EV market from Tesla (TSLA.O) and cheaper Chinese models. Renault confirmed its targets for 2023, adding it now expected a group operating margin closer to 8% for the year from a previous 7-8% forecast. ($1 = 0.9497 euros)Reporting by Gilles Guillaume, editing by Silvia AloisiOur Standards: The Thomson Reuters Trust Principles.

Persons: Christian Hartmann, carmaker, Ampere, Gilles Guillaume, Silvia Aloisi Organizations: Renault, REUTERS, Companies Renault SA, Tesla, carmaker Renault, Turkish, Thomson Locations: Boulogne, Billancourt, Paris, Turkey, Argentina

☆ Still Mourning Takeoff’s Death, Quavo Steps Out Alone
▼ + stars: | 2023-10-18 | by ( Elena Bergeron | More About Elena Bergeron | ) www.nytimes.com time to read: +2 min

After the performance, video footage showed he and Offset arguing backstage, though both have since played down the dispute. “We’ll get onstage any time we want to,” Quavo said, with finality. Quavo had recorded 12 songs (“Super, super aggressive, super angry,” the rapper said) over a 48-hour period that he wanted to release immediately. It makes sense that the recording booth would be restorative for Quavo. But Quavo said he worried that if there were many more songs like it, fans would think he was having too much fun.

Persons: “ We’ll, ” Quavo, “ It’s, Quavo, Kevin Lee, ”, Lee, “, Bando ”, Migos, LeBron James, wasn’t Organizations: BET Locations: Atlanta, Lawrenceville, Ga

☆ The Israel-Hamas war shows how social media has given up on facts
▼ + stars: | 2023-10-18 | by ( Kali Hays | ) www.businessinsider.com time to read: +9 min

The Israel-Hamas war shows how social media platforms no longer want to deal with the news. AdvertisementAdvertisementNot too long ago, social media was the future of news. To accompany this flow of verified information, Facebook, Twitter and other social media companies built large content moderation teams and partnerships. Reading these, it's easy to see how social media can divide people during difficult times. The social media account posed as a BBC journalist to share this misinformation for engagement.

Persons: —, Jack Dorsey, Mark Zuckerberg, Elon Musk's, Adam Mosseri, Karan Singhal, Singhal, there's, Cristiano Ronaldo, Marcus Hutchins, Mosseri, we're, Andy Stone, Zuckerberg, Alex Stamos, TikTok Organizations: Service, Facebook, Twitter, Elon Musk's Twitter, CNBC, BBC, Palestinian, Meta Locations: Israel, Moroccan, Israeli, Syria, Meta, France, Germany, Canada

☆ Huawei spin-off Honor says ESG will play a big role in its IPO and is 'embedded' in its DNA
▼ + stars: | 2023-10-18 | by ( Anmar Frangoul | ) www.cnbc.com time to read: +3 min

"ESG is embedded into the company's DNA since ... day one," Martin Xu, who is corporate senior vice president at Honor, said Tuesday. Xu added that the business is focusing on a number of ESG-related areas, such as accessibility, environmental protection and transparent governance. ESG and IPOsHonor's Xu argued that ESG is inextricably linked to how his company functions and the business is certainly looking to make moves in the space. Among other things, this year saw Honor publish its first ESG Report, and it has also pledged that its operations will be carbon neutral by 2045. We have to focus on the R&D but link … all these factors with the company's ESG methodology," Xu said.

Persons: Martin Xu, Xu, Honor's Xu, ESG Organizations: CNBC's East Tech West, Huawei, Shenzhen Zhixin, Technology Co, Environmental Locations: ESG, Nansha, Guangzhou, China, Shenzhen

The logo of Johnson & Johnson is seen on a Brussels' office of the company in Diegem, Belgium September 21, 2023. J&J raised its annual profit forecast, helped by strong sales from its pharmaceutical business, and shares of the U.S. healthcare conglomerate were off about 1%. Excluding its consumer health unit, J&J now expects 2023 adjusted profit of $10.07 to $10.13 per share, up from its previous view of $10.00 to $10.10. Sales at J&J's medical device unit came in at $7.46 billion, shy of Wall Street estimates of $7.58 billion. J&J finalized the biggest shake-up in its 137-year history in August with the spinoff, but retained a 9.5% stake in its iconic consumer health business.

Persons: Johnson, Yves Herman, J, Vamil Divan, Joseph Wolk, Ozempic, Wolk, Bhanvi Satija, Sriparna Roy, Patrick Wingrove, Shounak Dasgupta, Bill Berkrot Organizations: Johnson, REUTERS, Guggenheim Partners, Vamil, Reuters Graphics, J, Thomson, &' $, & $, & $ Locations: Brussels, Diegem, Belgium, Bengaluru, New York

The logo of Johnson & Johnson is seen on a Brussels' office of the company in Diegem, Belgium September 21, 2023. Investors are focused on how J&J, now a standalone pharmaceutical and medical devices company, will reach its goal of $57 billion in drug sales by 2025. Johnson & Johnson recorded a $21-billion gain in the third quarter from the spin-off of its consumer health unit. Stelara, J&J's top-selling anti-inflammatory drug, brought in sales of $2.86 billion in the quarter, above LSEG estimates of $2.61 billion. Excluding its consumer health unit, J&J now expects 2023 adjusted profit of $10.07 to $10.13 per share, compared with its previous outlook of $10.00 to $10.10 per share.

Persons: Johnson, Yves Herman, MedTech, Cantor Fitzgerald, Louise Chen, Stelara, Joseph Wolk, Wolk, J, Bhanvi Satija, Sriparna Roy, Patrick Wingrove, Shounak Dasgupta Organizations: Johnson, REUTERS, Innovative Medicine, Reuters, Thomson, & $, & $ Locations: Brussels, Diegem, Belgium, Stelara, U.S, United States, Bengaluru, New York

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