Flutter Nudges Up Guidance on Growth Outside Booming US Market

DUBLIN, Reuters Flutter, the world39;s largest online betting company, nudged up its fullyear guidance for the second successive quarter on Tuesday after its nonU.S. brands drove betterthanexpected thirdquarter revenue growth. While Flutter39;s growth has been transformed by a gambling boom in the nascent U.S. market, where its FanDuel unit is the market leader, core profit at […]
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China Unveils Tax Incentives to Revive Struggling Property Sector

BEIJING, Nov 13 Reuters China unveiled tax incentives on home and land transactions on Wednesday, aiming to support the crisishit property market by increasing demand and easing developers39; financial difficulties. A finance ministry statement outlining the measures followed pledges by the finance minister to issue relevant tax policies to support the healthy development of the […]
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Indonesian Bankers say Growth, Inflows could be Hit by Trumps Policies

JAKARTA, Nov 13 Reuters Indonesia39;s growth and portfolio investment could be hit if planned policies of U.S. Presidentelect Donald Trump disrupt global trade and make it harder to cut interest rates, bankers at staterun lenders told a parliamentary hearing on Wednesday. A U.S.China trade war could take around 0.2 percentage points off Indonesia39;s economic growth […]
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