Business - Page 80

Verizon, the telecommunications giant, outperformed expectations this quarter by losing fewer wireless subscribers and surpassing profit forecasts, bolstered by its flexible service offerings and partnerships with popular streaming platforms. Despite the traditionally

UBS Global Research strategists have issued a warning that the profit growth momentum of the prominent Big Six technology stocks could drastically slow in the coming quarters. These technology giants, which include

In March, Russia solidified its position as China’s primary oil supplier, with imports increasing by 12.5% from the previous year to 10.81 million metric tons, or 2.55 million barrels per day (bpd),

Elon Musk has postponed a key trip to India that was scheduled for discussions with Prime Minister Narendra Modi. Citing pressing responsibilities at Tesla, Musk announced his intention to reschedule the visit

The Federal Reserve‘s recent survey highlighted persistent inflation and the prospect of enduring high interest rates as primary risks to financial stability, alongside geopolitical tensions and the upcoming 2024 U.S. presidential election.

Netflix‘s announcement to cease sharing subscriber numbers from 2025 has caused its shares to tumble, stirring concerns about the company’s future growth and prompting fears that other streaming services may abandon this

On Thursday, the British stock market experienced a positive shift, influenced by encouraging corporate news, while market participants awaited insights from Bank of England (BoE) official Megan Greene regarding future interest rate

A coalition of investors has proposed a resolution to separate the CEO and chairman roles at TotalEnergies, aiming to accelerate the company’s transition from fossil fuels. The resolution, scheduled for discussion at

A recent report from the Nuffield Trust think-tank reveals a concerning trend: drug shortages in the UK more than doubled between 2020 and 2023. The report highlights Brexit as a significant factor,