Economy & Finance

IMF economist accuses Fund of suppressing information

Published 21/07/2012

WASHINGTON (Reuters) - A veteran economist at the International Monetary Fund has accused the global lender of suppressing information on difficulties in dealing with the [more…]

NBC sees profit in future Olympics

Published 28/06/2012

(Reuters) - NBC may not turn a profit this year from the London Olympics but expects to make money on the four future Olympic games [more…]

HMV warns of wider losses, sees profit next year

Published 04/05/2012

LONDON (Reuters) - Struggling British entertainment retailer HMV forecast a worse than expected loss for the 2011/12 year, blaming a weak new release schedule in [more…]

Viacom profit beats, but Nickelodeon worries loom

Published 03/05/2012

(Reuters) - Viacom Inc posted a higher-than-expected profit on Thursday, boosted by an increase in revenue from cable network fees and digital licensing of its [more…]

Netflix spooks Street with sputtering user growth

Published 24/04/2012

LOS ANGELES (Reuters) - Video rental company Netflix Inc projected slower subscriber growth this quarter for its key U.S. video-streaming service, disappointing investors and sending [more…]

Astral Media profit up on growth in TV business

Published 11/04/2012

(Reuters) - Astral Media Inc's second-quarter profit rose 10 percent, helped by steady but uninspiring growth in television revenue. Astral, in the process of being [more…]

China Disney project secures $2 billion loan: media

Published 11/04/2012

SHANGHAI (Reuters) - The operator of the planned Shanghai Disney theme park has secured a 12.9 billion yuan ($2 billion) syndicated loan for the construction [more…]

Ex-Thomson Reuters CEO Glocer gets nearly $20 million

Published 04/04/2012

(Reuters) - Former Thomson Reuters Chief Executive Tom Glocer will walk away with almost $20 million in compensation, including $3.1 million in severance to be [more…]