Netflix Inc is expected to report its slowest quarterly revenue growth on Thursday as its ad-supported plan struggles to attract customers in a crowded U.S. market, putting pressure on the company to reduce content spending this year. The streaming pioneer… Read More ›
According to industry analysts, gold prices will rise to record highs above $2,000 per ounce this year, albeit with some turbulence, as the United States slows and eventually stops raising interest rates. Spot gold prices have risen above $1,900 per… Read More ›
On Tuesday, urban workers crammed train stations across China’s largest cities as the country’s mass migration for Lunar New Year holidays kicked into high gear, an early sign of economic recovery as officials confirmed a historic drop due to COVID-19… Read More ›
The only G-7 leader scheduled to attend the World Economic Forum’s annual summit in Davos next week is German Chancellor Olaf Scholz, who will speak on the main stage for the second time since taking office in 2021. It is… Read More ›
Official figures show that the UK economy unexpectedly expanded in November, aided by a boost from the World Cup. The economy grew by 0.1%, aided by demand for services in the technology sector and despite rising prices putting pressure on… Read More ›
South Koreans are the world’s biggest spenders on personal luxury goods per capita, according to Morgan Stanley, whether it’s calf-leather Italian Prada bags or classic, checkered British Burberry trench coats. According to the investment bank, total South Korean spending on… Read More ›
This year, Apple CEO Tim Cook’s annual salary will be reduced by more than 40%. According to the technology giant, Mr Cook requested the cut in response to shareholder criticism. The compensation committee at Apple awarded him a total “target… Read More ›
Car sales in Russia will fall by 58.8% in 2022, according to the Association of European Businesses (AEB), as the industry grapples with the impact of Western sanctions on Moscow. Following the imposition of sanctions over Moscow’s military actions in… Read More ›
According to the British government, a small number of people who obtained so-called “golden visas” for wealthy investors may have obtained their wealth through corruption or other illegal financial activity. In the days before the invasion of Ukraine, the government… Read More ›
According to JPMorgan, the end of China’s zero-covid policy over the next two years could benefit Australia’s economy significantly. “China’s shift toward an earlier reopening raises the question of potential implications for the Australian economy,” JPMorgan’s chief investment strategist Tom… Read More ›
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