luukschmitz/validation_500 huggingface dataset:
GARTNER, INC. (2017-11-02):
Technology has also become a critical factor in every
function of the enterprise; supply chain, sales, marketing, HR, finance, legal and the rest. And if that's
not enough, the business environment continues to be mixed; exchange rates, commodity prices, global
macroeconomic growth and geopolitical dislocations.
 Business leaders have never faced the rate of change they face today.
FOOT LOCKER, INC. (2022-02-25):
So it depends on how long and how rampant the inflation gets. Again, clearly, with some of the
geopolitical things going on, there's a wait-and-see. Is -- what the impact to that, that will be to the broader global market.
KIRKLAND'S, INC. (2022-05-31):
Like many of our
peers, our first quarter results were significantly impacted by lower customer demand and higher costs associated with
various supply chain constraints. Anyone who has been paying attention to the consumer commentary over the last few
weeks knows that the broader retail landscape is being notably affected by several concerning macroeconomic trends,
including rising interest rates, elevated levels of inflation, the ongoing geopolitical conflict between Russia and Ukraine
and increased supply chain costs stemming from higher freight costs and transportation rates.
 Kirkland's is not immune to these issues.
BRIDGESTONE CORPORATION (2022-05-11):
Raw material prices, natural rubber
prices movements were relatively calm. On the other hand, crude oil prices surged against the backdrop of geopolitical
risks.
 Tire demands in the OE segment, demand declined in all regions due to the shortage of semiconductors.
BRIDGESTONE CORPORATION (2022-05-11):
Let me try to respond with 3 perspectives or points in respect to the first one which we
just finished. First, as I explained earlier, we were able to meet demand through global sourcing despite the geopolitical
risks that were evident mainly in Europe. Global sourcing is one of the core competence of our group.
GFH FINANCIAL GROUP BSC (2023-02-13):
My name is Surya Hariharan.
 And today, I'm joined by our CEO, Hisham Al Rayes [indiscernible] 2022, successfully mitigated the impact of the geopolitical
crisis, rising inflation and market volatility by implementing the same robust model that saw the group through the pandemic times.
 Following a strategy of long-term sustainable growth, GFH was able to consolidate a position by also expanding its global footprint,
placing the group in good stead.
NETEASE, INC. (2018-05-17):
So overall, we remain very confident about both of our PC and mobile pipelines visâ€“Ã â€“vis
industry competition. [Foreign Language]
Lei Ding
Founder, CEO & Director
[Foreign Language]
Zhaoxuan Yang
Chief Financial Officer
For the E -- for the cross-border e-commerce, we see no impact from the recent geopolitical trade war on
the business. From a competitive landscape perspective, we are currently a leading player in the cross-
border e-commerce, and we are confident that we will maintain this leadership.
METRO AG (2022-02-10):
Very important to keep in mind, Russia itself is quite cash generative and therefore is standing on its own feet. And
probably, the question is a bit pointing towards any sort of geopolitical situations. We are very well prepared not only from
a cash and cash movement perspective, but also from other points of view.
PGT INNOVATIONS, INC. (2022-07-26):
Our strong Q2 results were driven by operational
improvement in the Southeast, including double-digit unit growth, improvements in scrap and improved labor efficiency.
 Aluminum availability has improved and LME spot pricing has steadily decreased, in fact, resulting from speculation
surrounding the geopolitical tensions between Russia and Ukraine have been minimal, although we continue to monitor
market price as well as the primary and secondary market production condition.
 Second quarter gross margin was 40.6%, 660 basis points higher than the prior year quarter and 310 basis points higher
than the first quarter of 2022, driven by price increases, manufacturing process improvements and unit growth.
CEVA, INC. (2020-08-10):
India, which is currently the second largest handset market by volume experienced a 48% year-over-
year decline according to Canalys report due to supply and demand constraints as a result of the Indian government
measure to control the spread of the virus.
 Let me take the next few minutes to walk you through our perspective on COVID-19 and the geopolitical tension between
U.S. and China. On COVID-19, recent market data from research firm GSMA Intelligence predicted that IoT net addition
for this year are expected to be down 45% on a yearly basis due to the pandemic.
CEVA, INC. (2020-08-10):
Furthermore, COVID-19 brings forward
new usage model for 5G, including Fixed Wireless Access, 5G-enabled PCs and V2X. With our latest CEVA-XC DSP
portfolio and our PentaG 5G-modem platform, we are well equipped and positioned to address this new usage model for
incumbents and newcomers.
 Onto the geopolitical tension between China and the U.S., the existing export control rules do not directly apply to our
current technology developed in Israel and Europe. We continuously monitor development on this front and are prepared
to adapt our business as required.
V.F. CORPORATION (2020-10-16):
For those of you that have stayed close to the VF story, you are familiar with our now and next approach in navigating the
most challenging days of the pandemic while also preparing ourselves to emerge stronger within what we believe will be
a new normal environment. While the global pandemic continues and certain geopolitical uncertainties persist, I believe
we are officially entering the next. That isn't to say the challenges brought about by the global pandemic are behind us.
DEXUS (2023-08-15):
And our current development pipeline is fully funded, providing
embedded future value by improving the quality of the portfolio while providing inventory to grow our third-party relationships.
 So to conclude, we are halfway through a challenging period, which will continue into FY '24 as capital flows and market sentiment
are impacted by inflation, rising interest rates and geopolitical risks, which all contribute to prolonged economic uncertainty. Based on
current expectations and barring unforeseen circumstances, Dexus expects distributions of circa $0.48 per security for the 12 months
ended 30th of June 2024, below FY '23 with the reduction driven by lower trading profits.
HMS NETWORKS AB (2023-07-14):
And also most of our customers, they are quite relaxed about the future. Of course, there's topics
about China and geopolitical things. But for most customers, things goes quite well, I would say.
CANADIAN NATIONAL RAILWAY COMPANY (2019-10-22):
Finally, let me turn to our 2019 financial outlook on Page 14. While volumes in Q3 came in below our
expectation and while economic weakness create -- and geopolitical issues are creating headwinds,
unemployment levels are still at record lows and consumer spending so far remains resilient.
 Manufacturing has softened significantly.
NOKIA OYJ FY NINE MONTHS (2022-10-20):
So overall, the picture is improving, but we still believe it will not be before the first half of
2023 before there are no longer material constraints on any part of the business.
 Finally, we fully recognize the ongoing macro and geopolitical uncertainty. If anything, those uncertainties have increased in recent
months.
NOKIA OYJ FY NINE MONTHS (2022-10-20):
All Rights reserved.
 spglobal.com/marketintelligence
16
a little bit hard to see in today's geopolitical environment that -- how that could change in a big way. China -- Greater China region,
which, of course, includes Taiwan, in our case, I think it's around 6% or something like that of our total.
RA MEDICAL SYSTEMS, INC. (2022-05-16):
You
should not place undue reliance on these forward-looking statements because they involve known and unknown risks,
uncertainties and other factors that are, in some cases, beyond the company's control and could materially affect actual
results.
 In particular, there is significant uncertainty about the duration and contemplated impact of the COVID-19 pandemic and
the military action by Russia and Ukraine as well as the impact other global economic conditions, including any economic
effect stemming from adverse geopolitical events, an economic downturn and changes to inflation or interest rates may
have on Ra Medical's business and results of operations, including its supply chain. This means that results could change
at any time and the impact of any of these events on Ra Medical's operations, financial results and outlook is the best
estimate based on information for today's discussion.
TERRAN ORBITAL CORPORATION (2023-03-21):
Our backlog includes over 60 satellites in various stages of completion, which we expect to deliver in the coming
quarters.
 Over the last year, escalating geopolitical tensions and new space technology advances drove unprecedented and urgent demand for
low earth orbit satellite solutions beyond even our earlier expectations. Our team has moved decisively and strategically to expand and
vertically integrate our production facilities.
BRIDGE INVESTMENT GROUP HOLDINGS INC. (2022-08-09):
And we coupled that with an
expanded senior secured revolving credit facility of $125 million, with the potential to increase to $225 million in certain
circumstances, giving Bridge enhanced liquidity and flexibility.
 The market environment has become more turbulent recently, with markets impacted globally by concerns around
numerous macro issues including high inflation, aggressive Fed actions and continuing geopolitical risks. The impact of
these factors on various markets differs, although all markets, including those in which Bridge participates, have been
affected.
AUDIOCODES LTD. (2023-11-02):
Additionally, we are gearing up towards a cloud-based multi-tenant software as a service application with full generative AI
integration, which is expected for GA early next year. Now to the geopolitical situation. Before I conclude, I'd like to briefly address
the impact of our operation from a war and recent developments in Israel.
REVENIO GROUP OYJ (2023-02-09):
Then if going to the market conditions. So overall,
not too many red flags currently related to the overall iCare market but, of course, some uncertainties related to geopolitical situation
plus the cost inflation. But otherwise, if looking at the overall iCare market, so that seems to be steady.
REVENIO GROUP OYJ (2023-02-09):
So let's go first through the logic, and then I answer the contribution question. So we did a bit more than half a year ago, half a year
ago, we did the decision that it would be really beneficial because the volatility in the geopolitical situation and then difficulties what
we had related to the regulatory approvals to actually have a team in China. So quite many are now pulling out from China.
UNITED MICROELECTRONICS CORPORATION (2024-01-31):
However, customer maintains a
cautious approach in their inventory management. Moving forward, UMC will continue to navigate headwinds amid an increasing
competitive landscape and swelling geopolitical tensions via diversified manufacturing base and differentiation in 12-inch specialty
technologies. Our 12-nanometer FinFET collaboration is a step forward in advancing our strategy of pursuing cost-efficient capacity
expansion and technology node advancement in continuing our commitment to customers.
JACOBS SOLUTIONS INC. (2023-08-08):
But those tailwinds aren't going anywhere and are probably less tied to inflation than other consumer-driven type of areas. And even
in the area that we have some exposure to the broader consumer, these are now in the world of life sciences and chips and broad-based
manufacturing that is tied to geopolitical as well as geoeconomic kind of reshaping of the world. So from a portfolio standpoint, we
feel strong.
VERISK ANALYTICS, INC. (2022-05-04):
The development of our Touchstone platform and Extreme Event Solutions, the LightSpeed product suite and
underwriting and the development of our life business are tangible examples of what we have delivered to clients.
 And in Energy, understanding the complex impacts of the energy transition and the geopolitical events continuing to
unfold in Ukraine, on the global energy economy, remain a primary customer focus through strong demand for improved
data delivery and analytics, and we continue to deliver on that demand for our customers through our Lens platform. In
fact, the first quarter was our fourth consecutive quarter of mid- to high single-digit ACV growth, helped by new multiyear
contracts, with material upsell for customers that are adopting Lens as they recognize the value of this new platform
delivers.
ENTEGRIS, INC. (2019-10-24):
There were a couple of very customer-specific situations for our SCEM business
to be down sequentially in China. But overall, we feel pretty good about the level of activity and our
performance in China, given the industry context and the geopolitical context in 2019.
 Krish Sankar
Cowen and Company, LLC, Research Division
Got it.
II-VI INCORPORATED (2019-01-31):
Operator
And our next question comes from the line of Paul Silverstein of Cowen.
 Paul Jonas Silverstein
Cowen and Company, LLC, Research Division
First off, and I apologize because I know you've been asked this question on more than one occasion
before including from myself, but can you review the geopolitical risk relative to China on both sides of the
equation, both in China and in the U.S.? And then I've got 1 or 2 more questions.
ALPHA BANK A.E. (2016-03-03):
Although rates have been substantially [indiscernible] Greece European partners agreed on [indiscernible],
recovery prospects are at stake if rates suffer [indiscernible] of reforms and delays in the standardization
program materialize.
 In addition, stable escalation for direct GPOs and geopolitical tensions has realized the persistence of
international [indiscernible] expected recovery. It is not clear yet what will be the impact of the tourism
arrivals on receipts, but I would like to [indiscernible] significant on the growth dynamics.
TENCENT HOLDINGS LIMITED (2023-03-22):
And as just a quick follow-up. As we could see from the recent more scrutiny from other social network platforms elsewhere on the
geopolitical region, do we see any risk on our gaming business as we continue to thrive internationally?
 James Gordon Mitchell
Chief Strategy Officer & Senior EVP
TENCENT HOLDINGS LIMITED (2023-03-22):
And if we do that, we think we can continue to [ creep ] up our market share in this very big $150 billion plus
international game market.
 On the geopolitical front, then, everything faces some degree of geopolitical risk. I think that the risks faced by the game industry
are dissimilar to the risks faced by social platforms that you alluded to, for a few reasons.
TENCENT HOLDINGS LIMITED (2023-03-22):
People don't go into a video game if they want
to watch CNN. So while I wouldn't say that games are absent from geopolitical risk, I think the nature of concerns around games is
different from the nature of the concerns around media platforms or social platforms.
 Wendy Huang
Investor Relations Officer
Next question comes from James [ Cartwell ] from [ Argentic ].

TENCENT HOLDINGS LIMITED FQ4 2022 EARNINGS CALL  MAR 22, 2023
HELICAL PLC (2023-05-23):
We also disposed of over GBP 230 million of properties that's almost 4% above book value, reducing gearing and increasing cash
and undrawn bank facilities. However, as Gerald has already stated, economic and geopolitical factors have affected bond yields, and
we've seen valuation declines across the portfolio, partly offset by gain at the JJ Mack building. These losses have turned what would
have been a profitable year into a net loss.
KLAVENESS COMBINATION CARRIERS ASA (2022-05-11):
We are seeing that year-to-date, the demand increase measured as
deadweight miles have increased by 2.5%, a seasonally low quarter. But a lot of things have happened, which are more
macro and geopolitical events. Starting up at the top of this graph in blue, you see the effect of the ban on Indonesian coal
exports, and the scale is 7 million tonnes per month.
CANADIAN NATIONAL RAILWAY COMPANY (2019-07-23):
Finally, let me turn to our 2019 financial outlook on page 12. While volumes in Q2 came in below our
expectations and while trade and geopolitical issues are creating significant volatility, unemployment levels
are still at record lows and consumer spending remains resilient. In the second half of the year, we're
counting on CN's specific revenue growth opportunities that continue to ramp-up such as the new Coalspur
thermal coal mine and the new propane terminal in Prince Rupert, both of which started shipping in Q2.
STEELCASE INC. (2022-12-20):
In the Americas, we estimate
volume decline by approximately 30% year-over-year, partially offset by more than 10% growth due to pricing benefits. Compared to
earlier this year, demand patterns are being impacted by softening industry trends, which we believe are linked to reduced sentiment
related to macroeconomic and geopolitical concerns. In addition, many customers remain undecided on their strategies to support
hybrid work.
MANPOWERGROUP INC. (2022-04-19):
Adjusted earnings per share increased 78% year-over-year in constant currency.
 Although geopolitical uncertainty has increased, we continue to see strong hiring intentions in most of our major markets
in Europe as well as globally. In this environment, our clients need us more than ever to provide them with the strategic
and operational flexibility to transform and be successful and to find workers on various skill levels in very tight labor
markets.
ARGENX SE (2022-03-03):
So we're not short
of upcoming catalysts. We announced in our press release this morning that the timing of the top line data from the
pemphigus trial is currently under review in light of the geopolitical situation in Ukraine. While exposure is limited, given
the global nature of the trial, we cannot reiterate our time lines until we have time to assess the situation more closely.
ARGENX SE (2022-03-03):
So all of our trials, by definition, are global trials. These are all rare indications that are all spread over
the globe and that turns out to be a strength when things hit you like COVID pandemic or in this case a geopolitical issue.
 So exposure is always going to be relatively limited, whatever study you're talking about.
UNITED STATES STEEL CORPORATION (2022-01-28):
Clearly, a great place to be. We know about the risks, the Fed taking rates up too fast, unexpected
changes to import restrictions, geopolitical risk, existential risks. The risks are many but we've seen it all before.
SAAB AB (2020-07-17):
It's
hard to predict how things will go, but I can't see any changes in the market place in terms of that countries will avoid
continuing with protecting their societies and protecting their countries. And the geopolitical situation is not going really
in the right direction. It's actually becoming a bit worse during the COVID-19.
GEORG FISCHER AG (2022-03-02):
The positive development at GF Machining
Solutions in the fourth quarter of 2021 is expected to continue in the coming months.
 The geopolitical tensions including the terrifying war in the Ukraine, the persisting COVID-19-related issues and supply
chain constraints reduced visibility even further. Assuming that these issues subside, the world and its leaders become
rational and diplomatic again, and no unforeseen circumstances arise, GF expect mid-single-digit volume growth in 2022,
and thus a further step towards achieving the targets of Strategy 2025 for sales and profits.
BRIGADE ENTERPRISES LIMITED (2022-05-13):
This is notwithstanding the deadly second wave of COVID-19 in 2021 as
well as huge jump in construction costs over the last 3 to 4 months.
 All raw material costs like steel, aluminum, copper, finishing materials, and fuel, among others, have been -- have seen
huge increases due to the global supply chain issues made worse by the geopolitical situation in Europe. As a result, the
total construction costs have increased almost up to 15% and are expected to rise or at least remain at elevated levels for
the next 12 to 18 months.
ALLIANCEBERNSTEIN HOLDING L.P. (2016-02-11):
By now, you've all heard about the challenges the asset managers faced in 2015 and in particular the
second half, and we were no different. Looking at the firmwide overview on Slide 3, you can see the
impact that weak client activity, volatile markets and heightened economic and geopolitical uncertainty
had on our results for both the quarter and for the year. Gross sales declined 10% year-on-year for the
quarter and 2% for the full year.
IOL CHEMICALS AND PHARMACEUTICALS LIMITED (2023-05-09):
Okay. Any headwinds which you like, the challenges which the company may face in the coming financial year?
Abhay Raj Singh
VP, Company Secretary & Compliance Officer
Sanjayji, we don't foresee any, but -- I mean, there can be the geopolitical situations we don't know and we can't comment on those --
emergence of geopolitical situations. But with regards to the product we are, with regard to the market we are, we don't foresee any
specified headwinds.
DAIMLER TRUCK HOLDING AG (2022-05-17):
Daimler Truck assumes that we will continue to face change supply chains for the key upstream products. The further
geopolitical as well as the COVID-19 pandemic development also harbor uncertainties. While the global market outlook
remains opaque, we are laser-focused on our strategy and self-held measures.
BUFAB AB (2023-02-09):
Strong results in the quarter due to acquisitions and somewhat higher gross margin and also a lower share of expenses in the group.
 Looking ahead then and the outlook, given the situation in the market, the geopolitical situation, the macroeconomic situation, there is
a lot of uncertainty ahead of us now for 2023, we have seen in the quarter there is a higher caution noted among customers in certain
segments. And we have, of course, continued to be preparing ourselves for more difficult times and lower demand in some segments.
HINDALCO INDUSTRIES LIMITED (2019-11-11):
Global economic
growth around the world slowed down despite accommodative monetary and expansionary fiscal policies
in the developed and emerging markets. Uncertainties around Brexit, persistent trade tension, geopolitical
risks, especially in the Middle East and subdued manufacturing activities were the key drivers of the
economic slowdown. Q3 CY '19 data revealed that the U.S. economy continued to decelerate for the third
consecutive quarter.
HINDALCO INDUSTRIES LIMITED (2019-11-11):
Marginal recovery is expected in 2020 with growth being projected
at around 3.4%. Prolonged trade wars, uncertainty around Brexit and geopolitical tensions are the key
risks to the growth.
 Moving to the domestic economy in India.
TELSTRA CORPORATION LIMITED (2022-08-10):
But when we get it wrong, we
own it and we fix it and we learn from the experience to do better next time.
 Finally, the geopolitical environment is more fractious than most of us have seen in our lifetimes. Like all businesses,
we are seeing disruptions from this with the largest impact being on the supply chains of key network and technology
components.
PRUDENTIAL PLC FH1 PRE RECORDED (2020-08-11):
Let's move to the financial highlights. These need to be seen in the context of extreme volatility in equities, foreign
exchange and bond markets, geopolitical uncertainty and the operational impact of COVID-19. Our performance highlights
the resilience of our business model, our scale and our ability to adapt and act with agility.
FRASERS CENTREPOINT TRUST (2023-10-25):
So again, we are seeing very strong demand, our occupancy is 99.7%, and at the same time a pretty muted
supply that is coming to the market.
 So if you look at what's happening around us today, there's a lot of negative noises, geopolitical issues, and this is something that,
like what I said, things that is not really our control. So you look at headwinds, there's uptick in oil prices because of all the wars
that's happening around the world.