Paris success in attracting London banks boosts balance of payments
PARIS France's post-Brexit success in attracting banks from London to Paris has exceeded expectations and is increasingly showing
2023-07-20 18:47
Netflix ends password sharing in 'big market' India
Only users from a single household will be able to use an account, the streaming giant has said.
2023-07-20 13:53
Cooling UK inflation may signal time for rethink for sterling bulls
By Amanda Cooper and Dhara Ranasinghe LONDON (Reuters) -Evidence that Britain's red-hot inflation is finally cooling has knocked the wind
2023-07-20 13:22
The 5 biggest takeaways from Netflix's blockbuster earnings report
Hollywood is in a state of absolute agony, but Netflix had some reason to celebrate on Wednesday, with the streaming giant releasing a smash earnings report after implementing its long-anticipated plans to clamp down on password sharing. Here are some of the key highlights:
2023-07-20 09:57
Netflix adds nearly 6 million paid subscribers amid password sharing crackdown
Netflix's crackdown on password sharing appears to be paying off.
2023-07-20 07:24
Tesla profits climb despite price cuts
Tesla reported a much bigger than expected increase in profits, despite a series of price cuts that trimmed the amount of revenue per vehicle sold.
2023-07-20 04:26
Hollywood's absolutely bizarre accounting tactics are under renewed scrutiny
"Forrest Gump" has never made a single penny for the studio that made it, despite selling over $300 million worth of tickets at the box office. "Return of the Jedi" was a similarly monumental financial flop. Same goes for at least one Harry Potter film. All of them wildly popular, yet wildly unprofitable. At least on paper.
2023-07-20 04:15
Investors cheer Wall Street's green shoots as bank executives stay cautious
By Tatiana Bautzer, Sinéad Carew and Saeed Azhar NEW YORK U.S. banking giants reported lackluster results for investment
2023-07-20 02:49
Fast grocery firms doomed by French dark store ban
Hampered by hostile new regulations, firms that promised instant grocery deliveries are leaving France.
2023-07-20 00:21
Strong US apartment construction suggests slide in rental costs
By Safiyah Riddle A surge in U.S. rental home construction could soften rent prices in the months ahead,
2023-07-19 22:22
Goldman Sachs profits plunge 58% as dealmaking dries up
Goldman Sachs reported a sharp drop in profit on Wednesday as dealmaking and trading, a core part of the mega bank's business, dry up. The Wall Street titan also felt the pain of a nearly $1 billion reduction in the value of its consumer and real estate businesses.
2023-07-19 21:26
US single-family housing starts fall in June; permits increase
WASHINGTON U.S. single-family homebuilding fell in June after surging in the prior month, but permits for future construction
2023-07-19 20:53