TikTok may split from ByteDance | Xero cuts deep | Saudi Aramco breaks profit record

Xero, the accounting giant, has announced that profitability is its number one focus - and that means major cost cutting on the agenda.   Saudi Aramco, the biggest oil company in the world, just claimed the record for the highest-ever-recorded annual profit by a publicly listed company.   TikTok is considering splitting from its Chinese parent company, Bytedance, if it can’t come to an agreement with the US soon.   ---   Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play): http://bit.ly/FluxappGooglePlay Daily newsletter: https://bit.ly/fluxnewsletter Flux on Instagram: http://bit.ly/fluxinsta Flux on TikTok: https://www.tiktok.com/@flux.finance   ---   The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.