Netflix (NFLX) – Get Netflix, Inc. Report has work to do. The streaming giant is having a brutal start to the year. The overall picture is dark. The entertainment-streaming company reported in April that in the first quarter it lost 200,000 global subscribers and expects to lose another 2 million in the current quarter ending in…
Jeff Bezos looks ready for a boxing match. Like a heavyweight boxer, he is ready to strike. It’s as if he was preparing for this match, any round of which can send him flying to the ground. Years after he avoided responding to attacks from politicians on all sides, the second richest man in the world…
© Reuters. FILE PHOTO: A view of the London skyline shows the City of London financial district, seen from St Paul’s Cathedral in London, Britain February 25, 2017. REUTERS/Neil Hall/File Photo/File Photo LONDON (Reuters) – More than 50 economists warned on Monday that Britain’s post-Brexit plans to boost the competitiveness of its huge finance industry…
2/2 © Reuters. FILE PHOTO: A man walks at a construction site near residential buildings in Beijing, China April 14, 2022. Picture taken April 14, 2022. REUTERS/Tingshu Wang 2/2 By Clare Jim HONG KONG (Reuters) -Chinese developer Zhongliang Holdings is scrambling to secure bondholder approval to extend the repayment on notes worth $729 million ahead…
© Reuters. FILE PHOTO: The city skyline of Incheon is pictured early morning in an aerial view south of Seoul, South Korea, January 21, 2018. REUTERS/ Fabrizio Bensch SEOUL (Reuters) -South Korea’s government bond futures plunged early on Monday after the central bank chief kept the door open for a bigger interest rate increase than…
© Reuters. A cable is seen near residential buildings under construction in Beijing, China April 20, 2018. REUTERS/Jason Lee BEIJING (Reuters) -Chinese financial authorities on Sunday allowed a further cut in mortgage loan interest rates for some home buyers, in another push to prop up its property market and revive a flagging engine of the…
For years, President Vladimir Putin of Russia has viewed the expansion of NATO as an existential threat that would leave Russia hemmed in with Western missiles on its doorstep. Now, Moscow’s invasion of Ukraine seems to be bringing the Russian leader’s nightmare to life, with NATO on the brink of starting its largest potential expansion…
Slumping cryptocurrencies have not only had to deal with plummeting values lately, but authorities are uncovering more and more crypto crimes that are adding to the industry’s bad name. U.S. tax authorities have said they were following 50 separate leads into scams involving nonfungible tokens and other aspects of the crypto industry. Tax investigators also…
Rivals of electric vehicle leader Tesla (TSLA) – Get Tesla Inc Report are planning to ramp up production despite worldwide shortages of semiconductors and supply chain, logistics and production disruptions. Covid-19 lockdowns have impacted production in China for Tesla and its rivals such as Volkswagen, Toyota, Nio (NIO) – Get NIO Inc. (China) Report and Li Auto. …
© Reuters. FILE PHOTO: Cranes dot the skyline as the building of luxury hotels and the renovation of historic buildings are underway, in Havana, Cuba May 16, 2017. Picture taken May 16, 2017. REUTERS/Stringer By Dave Sherwood and Nelson Acosta HAVANA (Reuters) – Cuba´s ailing economy has begun to recover in some sectors after two…
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