Netflix Shares Tumble on Weak Forecast, Amid Growing Competition
Business & Markets • 3 months ago
Streaming giant misses revenue and earnings projections, plans to reduce viewing data disclosures as Wall Street eyes slowing growth.
Business & Markets News
PwC Fined Over $3 Million for Second Set of Botched Babcock Audits
Business & Markets • 3 months ago
The Financial Reporting Council imposed a new penalty on the Big Four accountant for its work on Babcock's 2019 and 2020 accounts, following a previous significant fine.
Four UK Firms Face Takeover Bids Totaling £10 Billion
Business & Markets • 3 months ago
Foreign investors are actively pursuing UK companies, highlighting concerns over market exits and low valuations.
UK High Streets Could See £13 Billion Boost From Healthcare Integration, Report Suggests
Business & Markets • 3 months ago
Transforming vacant retail spaces into health hubs could revitalize local economies and alleviate NHS pressure, according to research commissioned by Boots.
Crypto.com Secures $400M Investment from Citadel Securities, Valued at $20 Billion
Business & Markets • 3 months ago
The deal marks Crypto.com's first institutional funding round and aims to accelerate expansion into new asset classes.
China's Economy Faces Slowdown Amidst Global Concerns
Business & Markets • 3 months ago
The Asian powerhouse reports one of its weakest quarterly growth rates, prompting questions about its economic trajectory and worldwide impact.
US Stocks Decline as Semiconductor Sector Weakens
Business & Markets • 3 months ago
A fresh downturn in chip stocks overshadowed positive earnings reports from major companies.
Nasdaq Tumbles Amid Chip Stock Weakness; UnitedHealth, SpaceX See Movement
Business & Markets • 3 months ago
The Nasdaq composite experienced a significant decline, primarily driven by a downturn in chip stocks, while individual companies like UnitedHealth and SpaceX made notable moves.
China's Economic Growth Faces Significant Headwinds, Analysts Suggest
Business & Markets • 3 months ago
Official GDP figures may obscure deeper issues within the world's second-largest economy, according to commentary.