India's top gas importer sets eyes on US LNG under long-term deal with Qatar - Reuters

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• Shopify reports Q3 revenue up 32% YoY to $3.74B, vs. $3.75B est., GMV up 29% to $119.1B, net income up 75% to $462M, and adjusted EPS of $0.49, above $0.47 est. (Adriano Marchese/Wall Street Journal)

  Strong merchant transaction volumes propelled the e-commerce platform's quarterly profit surge despite top-line sales slightly trailing Wall Street projections. Accelerated platform spending fueled bottom-line expansion, allowing the company to comfortably beat profitability benchmarks. These financial results demonstrate robust operational efficiency and earnings power even as broader sales growth marginally missed consensus targets.

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• GAC's first overseas battery factory opens in Thailand

  Guangzhou Automobile Group's battery division, INPOW, has commenced operations at a new manufacturing site in Chonburi province to build electric vehicle packs. The initiative aims to fortify regional supply-chain security and accelerate vehicle deliveries as the company deepens its presence across Southeast Asia. By pairing core component assembly directly with vehicle production, the automaker is working to substantially reduce its dependence on Chinese export logistics.

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• Taco Bell sales fall more than expected on cyclosporiasis outbreak hit

  The fast-food chain is grappling with deeper customer cutbacks across its locations following recent health concerns. Financial results show the resulting downturn has surpassed internal and industry projections, complicating short-term revenue expectations. Leadership now faces the challenge of stabilizing foot traffic to curb ongoing losses.

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