Netflix Shares Plunge on Disappointing Revenue Forecast
Business & Markets • 3 months ago
The streaming giant's stock fell sharply in after-hours trading as it projected current-quarter revenue below Wall Street's expectations.
Business & Markets News
Burberry Sees Turnaround Signs Amidst Global Sales Growth
Business & Markets • 3 months ago
The British luxury brand reported a 5% rise in comparable sales for the first quarter, driven by strong performance in China and the Americas, but noted continued headwinds in Europe due to geopolitical conflict.
Coles Scraps $4 Billion Bid for Petbarn Owner Amid Investor Concerns
Business & Markets • 3 months ago
The Australian supermarket giant has ceased discussions with TPG Capital over the proposed acquisition of Greencross Pet Wellness Company.
Geely EX2 Electric Car Launch in UK Faces Price Hurdle Despite China Success
Business & Markets • 3 months ago
China's best-selling electric vehicle arrives in Britain with a significantly higher price tag, raising questions about its market appeal.
Plug-In Hybrid Sales Surge as Models Offer Extended Electric Range
Business & Markets • 3 months ago
Drivers are increasingly drawn to plug-in hybrid electric vehicles (PHEVs) for their extended electric-only capabilities, with sales up significantly and models now offering over 70 miles on a single charge.
Olympian-Founded Activewear Line Sells Out Following Rave Reviews
Business & Markets • 3 months ago
Earthletica, co-founded by Olympic swimmer Bronte Campbell, sees leggings become a bestseller due to comfort, flattering fit, and sustainable practices.
Asian Currencies Steady Amid Risk-Off Sentiment
Business & Markets • 3 months ago
Regional currencies hold ground against the dollar, but market sentiment suggests caution.
Japanese Government Bonds Mixed Amid Equity Market Decline
Business & Markets • 3 months ago
Japanese government bonds showed mixed price movements in early trading, potentially finding support from a significant drop in the Japanese equity market.
Gold Prices See Modest Rise Amidst Ongoing Central Bank Demand
Business & Markets • 3 months ago
Gold prices edged higher in early Asian trading, staying below the $4,000 per ounce threshold, with central bank purchases identified as a key structural driver.