Johnson & Johnson posted quarterly results on Tuesday that was above analysts’ expectations, thanks to robust demand for cancer medication Darzalex and its COVID-19 vaccination, despite the firm cutting its full-year adjusted profit outlook owing to a stronger currency. J&J joins… Read More ›
Month: July 2022
Netflix Has Lost Nearly A Million Members
Netflix faces a difficult battle to retain its crown after a long reign as the king of streaming. Between April and July, it lost over 1 million members as the number of people leaving the service increased. However, it was… Read More ›
Rising Inflation To Result In 454 Pounds Hike In Average Annual UK Food Bill
UK grocery inflation touched 9.9 per cent in the four weeks to July 10, adding 454 pounds ($543.7) to Britons’ annual bills as the cost of living crisis worsened, according to industry figures released on Tuesday. Kantar said the inflation… Read More ›
Amazon Is Targeting 10,000 Bogus Review Facebook Groups
According to the BBC, Amazon is suing the administrators of more than 10,000 Facebook groups. According to the report, the gangs are manufacturing phoney reviews on Amazon marketplaces in the United States, United Kingdom, Germany, France, Italy, Spain, and Japan…. Read More ›
Russia Close To Shutting Down Gas To Europe With Germany Rejecting Claims About It Being Unable To Fulfil Contracts
Russia’s energy behemoth has threatened to deliver less gas to Europe, but Germany, one of the country’s largest importers, has rejected the proposal. The majority of the company is owned by the government. Gazprom announced on Monday that it is… Read More ›
H&M Will Liquidate Inventory Before Departing Russia
H&M has announced its exit from Russia, but will temporarily reopen its stores to sell off its remaining inventory. Due to the Ukraine crisis, the world’s second-largest clothing retailer claimed it would be “difficult” to continue doing business in Russia…. Read More ›
Starbucks Is Considering Selling Its UK Operation: Reports
Starbucks is supposedly considering selling its UK operation as it faces increased competition and shifting customer patterns. Lockdown measures around the world have taken a heavy toll on the world’s largest coffee company. Starbucks stated that the company was “not… Read More ›
Security Alert Following The Sale Of Stolen Chinese Data
After a hacker offered to sell stolen data from one billion Chinese individuals, Chinese President Xi Jinping encouraged state bodies to “protect information security.” The data was taken from Shanghai National Police, according to an advertisement on a criminal forum… Read More ›
It Will Cost More To Fly, Warns IATA’s Willie Walsh
An airline executive has warned that if fuel prices rise, the cost of plane tickets will rise “without a doubt.” Oil prices have risen as economies recover from the Covid epidemic and as a result of the Ukraine conflict. According… Read More ›
Google Made An Offer To Separate Its Ad Business Into New Alphabet Segment To Avoid Law Suit: Reports
The Wall Street Journal reported Friday that Google has offered to transfer sections of its ad-tech division into a separate entity under its parent firm Alphabet in order to avoid a second antitrust lawsuit from the Department of Justice. Such… Read More ›