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Good morning from the Financial Times.
Today is Wednesday, October 22nd, and this is your FT News Briefing.
Netflix earnings fell short of expectations, and Unilever has a big ol' ice cream headache.
Plus, South Africa's black economic empowerment policy had good intentions,
but critics say it's falling short.
So all you've pretty much done is you've traded a class of wealthy white oligarchs,
I suppose, for black oligarchs.
I'm Mark Filipino and here's the news you need to start your day.
Not even K-pop demon hunters were enough to save Netflix last quarter.
The US media group reported earnings yesterday.
It said its operating margin was 28%.
That fell short of what it told investors to expect, which was 31.5%.