Netflix subscribers fall for first time in a decade, shares plunge 24%

(Reuters) -Global streaming giant Netflix Inc on Tuesday reported losing subscribers for the first time in more than a decade and predicted more contraction in the second quarter, a rare miss for a company that has been a reliable growth engine for investors.

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19-04-2022

Netflix subscribers fall for first time in decade, forecasts more losses

Global streaming giant Netflix Inc on Tuesday reported losing subscribers for the first time in more than a decade and predicted more contraction in the second quarter, a rare miss for a company that has been a reliable growth engine for investors.

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19-04-2022

Mastercard to link all employee bonuses to ESG goals

Payment processor Mastercard Inc will link all employee bonuses to environmental, social and corporate-governance (ESG)initiatives, expanding an earlier program which was limited to its senior executives, Chief Executive Michael Miebach said on Tuesday.

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19-04-2022

Swiss National Bank chairman sees inflation rise as temporary

The Swiss National Bank sees the current increase in inflation as a temporary phenomenon, Chairman Thomas Jordan said on Tuesday, although the central bank would keep a close eye on the situation.

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19-04-2022

Oil prices fall 5% after IMF cuts growth outlook

HOUSTON (Reuters) -Oil prices were down about 5% in volatile trading on Tuesday on demand concerns after the International Monetary Fund (IMF) cut its economic growth forecasts and warned of higher inflation.

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19-04-2022

T. Rowe Price to close to new investors fund that invested in Russian securities

Asset management firm T. Rowe Price plans to close to new investors its Emerging Europe Fund starting from May 9, it said in a regulatory filing this week, after marking the fund's Russian securities down to zero last month.

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19-04-2022

Continental restarts tyre making at Russian plant to protect workers

German car parts supplier Continental AG has temporarily resumed tyre production for passenger cars at its Russian plant in Kaluga, it said on Tuesday, to protect local workers who could otherwise face criminal charges.

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19-04-2022

EV parts maker Schaeffler signs first of a kind European rare earth deal

German auto parts supplier Schaeffler has signed a raw materials deal to ensure the supply of rare earth magnets from Europe for its burgeoning electric vehicle (EV) motor business, an executive told Reuters.

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19-04-2022

U.S. FTC approves Hikma deal for Custopharm with conditions

Generic drug maker Hikma Pharmaceuticals has won U.S. antitrust approval to buy Custopharm, Inc on condition that it divest an injectable steroid, the U.S. Federal Trade Commission said on Tuesday.

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19-04-2022