28 top business headlines on Wed Nov 9, 2022

1. Philippine economy grows by 7.6% in Q3 2022 | ANC - ANC 24/7

   

   YouTube (November 9, 2022, 9:27 pm) - Philippines' gross domestic product grew 7.6% in the third quarter of 2022, PSA says.For more ANC news videos, click the link below: https://www.youtube.com/... Read more

2. Hong Kong stocks drop 2% as Asia-Pacific markets fall ahead of U.S. inflation data - CNBC

   

   CNBC (November 9, 2022, 9:21 pm) - Shares in the Asia-Pacific fell Thursday ahead of U.S. CPI data and as U.S. midterm results continue to roll in. Read more

3. Mastercard discusses Filipinos' spending habits amid high inflation | ANC - ANC 24/7

   

   YouTube (November 9, 2022, 9:19 pm) - An interview with Mastercard's Joerg Ruehle.For more ANC news videos, click the link below: https://www.youtube.com/playlist?list=PLm34qRgqWBU6EiybzpykE5ZorR... Read more

4. Woolworths supermarket shoppers react to 'creepy' new video feature in coffee aisles - 7NEWS

   

   7NEWS.com.au (November 9, 2022, 9:17 pm) - 'This is why I care. In five years it'll be every part of the aisle.' Read more

5. Facebook owner Meta to lay off 11000 staff | ANC - ANC 24/7

   

   YouTube (November 9, 2022, 8:55 pm) - Facebook owner Meta will lay off more than 11,000 of its staff in "the most difficult changes we've made in Meta's history", boss Mark Zuckerberg said on Wed... Read more

6. Origin Energy backs $11.8 bln buyout offer from Brookfield consortium - Reuters

   

   Reuters (November 9, 2022, 8:52 pm) - Origin Energy Ltd (ORG.AX), Australia's no.2 power producer and energy retailer, backed an A$18.4 billion ($11.8 billion) buyout offer from a consortium led by Canada's Brookfield Asset Ma… Read more

7. How the Indian EV scooter market saw consolidation? | Indian EV Scooter Market | Business Standard - Business Standard

   

   YouTube (November 9, 2022, 8:45 pm) - The sales of electric two-wheelers saw an impressive 44% jump in October from the previous month. Latest sales data suggests that the Indian EV market is wit... Read more

8. Cozy comfort food - Star-Advertiser

   

   YouTube (November 9, 2022, 8:32 pm) - To welcome autumn, what could be better than a hot chicken pot pie? Instead of making the pastry from scratch, buy a frozen two-crust pie dough and use inexp... Read more

9. Apple will 'take years' to diversify away from China, says Counterpoint Research - CNBC

   

   CNBC (November 9, 2022, 8:24 pm) - It will be years for Apple to diversify its China factories according to a research director while a Constellation Research analyst is bullish on Apple's stock. Read more

10. Bitcoin Platform Turmoil Bangs Stock Market Lower; This Sector Gets Torched The Most | Investor's Business Daily - Investor's Business Daily

    

    Investor's Business Daily (November 9, 2022, 8:15 pm) - The return on certain debt securities seems to be attracting more institutional interest. Read more

11. Virgin flight emergency: Plane diverted to Perth Airport for emergency landing after 'technical difficulties' - PerthNow

    

    PerthNow (November 9, 2022, 8:14 pm) - A Virgin flight has landed safely at Perth Airport after a mid-air scare in which a plane headed to the Pilbara experienced 'technical difficulties'. Read more

12. NZ residential developer laying off 30% of staff - also still hiring - New Zealand Herald

    

    New Zealand Herald (November 9, 2022, 8:02 pm) - Five per cent of the team have taken voluntary redundancy, says Horncastle. Read more

13. Brookfield, MidOcean in $18.4b bid for Origin - The Australian Financial Review

    

    Australian Financial Review (November 9, 2022, 8:01 pm) - The $9 a share cash offer comes after two previous lower bids by the partners, who want to split Origin in two. Origin shares jumped as much as 40.2 per cent. Read more

14. Traeger, Inc. (COOK) Q3 2022 Earnings Call Transcript - The Motley Fool

    

    Motley Fool (November 9, 2022, 8:00 pm) - COOK earnings call for the period ending September 30, 2022. Read more

15. Sustainable business: Inside the nightclub collecting body heat - Reuters

    

    YouTube (November 9, 2022, 7:52 pm) - A hot, sweaty dance floor is helping heat and cool a Glasgow music venue by harvesting the heat from the dancers and storing it in rocks underground. #SWG3 ... Read more

16. Medibank hackers release more confidential customer details | 7NEWS - 7NEWS Australia

    

    YouTube (November 9, 2022, 7:50 pm) - The Medibank hackers have released a fresh batch of confidential customer information, and we're learning just how the cyber criminals threatened the health ... Read more

17. AMC Entertainment CEO says he expects the number of movie releases to grow significantly next year - CNBC Television

    

    YouTube (November 9, 2022, 7:47 pm) - Cramer spoke with AMC Entertainment CEO Adam Aron on Wednesday. Read more

18. Not an Optus customer but received a letter saying your details had been hacked? This could be why - 9News

    

    9News (November 9, 2022, 7:47 pm) -

    Current and former customers of several high-flying Optus sub-brands, some which have been shut down for years, could be among the 9.8 million victims.

    Read more

19. Tesla investors have been the biggest losers in Elon Musk's Twitter deal, and those losses continue - MarketWatch

    

    MarketWatch (November 9, 2022, 7:38 pm) - Tesla stock is headed for its worst year on record as its CEO instead focuses on Twitter and sells Tesla shares to fund his overpriced acquisition, which will likely require more cash infusions in the future Read more

20. Will the Bank of Canada be the First to Decelerate? - Bloomberg Markets and Finance

    

    YouTube (November 9, 2022, 7:33 pm) - Uniquely, Canada has recorded an easing of the rampant inflation presently afflicting advanced economies. But while inflation has slipped to 6.9% in Septembe... Read more

21. JPMorgan Sees Better Opportunities in Credit Than Stocks - Bloomberg Markets and Finance

    

    YouTube (November 9, 2022, 7:30 pm) - Kerry Craig, global market strategist at JPMorgan Asset Management, discusses the outlook for stock and credit markets, and the opportunities he sees. He als... Read more

22. Jim Cramer warns that growth stocks could see 'more horror' after release of CPI data - CNBC Television

    

    YouTube (November 9, 2022, 7:29 pm) - Cramer gave his take on what could happen to the stock market on Thursday if the October CPI data comes in hot. Read more

23. Garry Tan on Impact of Tech Layoffs on Markets, VC - Bloomberg Technology

    

    YouTube (November 9, 2022, 7:24 pm) - Initialized Capital Founder and Partner Garry Tan joins Bloomberg Technology's Emily Chang to discuss the state of VC and the outlook for the tech markets an... Read more

24. Apple supplier Foxconn to update on outlook after China COVID curbs - Reuters

    

    Reuters (November 9, 2022, 7:20 pm) - Apple Inc (AAPL.O) supplier and iPhone assembler Foxconn (2317.TW) plans to update its fourth-quarter outlook on Thu… Read more

25. Woolies' warning of Christmas shortage - news.com.au

    

    News.com.au (November 9, 2022, 7:16 pm) -

    Christmas is just around the corner but one supermarket giant is already warning there could be shortages of some holiday favourites.

    Read more

26. UK house prices stall as mortgage rate rise fuels caution - The Guardian

    

    The Guardian (November 9, 2022, 7:01 pm) - The drop follows two years of growth, although property professionals recorded some regional variation Read more

27. Making it As An Influencer: Advice From Dani Austin | Forbes - Forbes

    

    YouTube (November 9, 2022, 7:00 pm) - Read the full story on Forbes: https://www.forbes.com/sites/alexandrasternlicht/2022/09/06/top-creators-2022/?sh=490f06e967a1Subscribe to FORBES: https://www... Read more

28. Adidas to sell Yeezy products with different name after Kanye 'Ye' West fallout - Fox Business

    

    Fox Business (November 9, 2022, 6:58 pm) - Adidas reportedly confirmed during their quarterly earnings that they will be selling Yeezy products but with a different name following the Kanye 'Ye' West fallout. Read more