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China food delivery firm Meituan beats revenue expectations amid economic headwinds

SHANGHAI :China's Meituan posted a bigger-than-expected 22.1per cent rise in third-quarter revenue on Tuesday, as the country's largest food delivery firm extended its recovery from the pandemic impact of last year.The platform, whose app provides services such as bike-sharing, ticket-booking and maps, report
Hong Kong Wang Xing Meituan Instashopping Christopher Cushing Edmund Klamann Wang Huiwen

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ByteDance to wind down Nuverse in full retreat from gaming -sources

HONG KONG (Reuters) -TikTok maker ByteDance is set to internally announce on Monday the winding down of its Nuverse gaming brand and full retreat from mainstream video games, four people familiar with the matter told Reuters. The Chinese technology firm has no plan to return to the $185 billion global video games market, said the people, who declined to be identified as the information is not public. ByteDance will tell employees to stop working on unreleased games by December, and that it wil...
Brenda Goh Christopher Cushing Tencent Holdings Moonton Technology Global Gaming Gaming Company
Source: yahoo.com

Asia stocks steady ahead of inflation tests, OPEC+ meeting

Asian shares got off to a hesitant start on Monday ahead of potentially market-moving inflation data from the United States and Europe later in the week, and a meeting of oil producers that could stop, or extend, the recent slide in prices. Japan's Nikkei added 0.3%, having surged 9% so far in November. MSCI's broadest index of Asia-Pacific shares outside Japan was flat, but 6.7% firmer for the month.
United States New South Wales Saudi Arabia Christopher Cushing Bruce Kasman Wayne Cole
Source: yahoo.com

New Zealand says 11 of its citizens have left Gaza for Egypt

WELLINGTON : New Zealand's government on Monday said 11 New Zealanders left Gaza overnight on Sunday and entered Egypt via the Rafah border crossing.A Ministry of Foreign Affairs and Trade (MFAT) spokeswoman in an email said the people were met by a New Zealand consular team and provided with support.
New Zealand New Zealand General Ministry Of Foreign Affairs Al Qahirah Israel General Shamal Sina

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