Netflix’s weak subscriber additions at odds with lofty valuation

Published 15/10/2015

Investors questioned Netflix Inc's premium valuation after the video-streaming service reported U.S. subscriber additions below its own expectations, a sign that competition from the likes [more…]

Netflix blames weak U.S subscriber adds on new chip-based cards

Published 15/10/2015

Video-streaming service provider Netflix Inc reported third-quarter U.S. subscriber additions below its own forecast, blaming a transition to chip-based cards for the miss.

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New York Times aims to double digital revenue by 2020

Published 07/10/2015

The New York Times Co said it aimed to double its annual digital revenue to $800 million by 2020 with a concentrated effort to win [more…]

Aldi UK to launch online operation in 2016

Published 28/09/2015

LONDON The UK arm of discount supermarket Aldi said on Monday it would launch an online operation in Britain in 2016, initially selling wine, as [more…]

Zurich ditches RSA takeover after losses in general insurance

Published 21/09/2015

ZURICH Zurich Insurance Group AG (ZURN.VX) abandoned its proposed 5.6 billion pound ($8.7 billion) bid for British insurer RSA Insurance Group PLC (RSA.L) on Monday [more…]

Toshiba swings to first quarter loss on weak PC, TV sales

Toshiba swings to first quarter loss on weak PC, TV sales

Published 14/09/2015

TOKYO Toshiba Corp (6502.T) swung to a first-quarter loss on weak PC and TV sales, raising pressure on its new chief executive, who is already [more…]

Toshiba to report first quarter operating loss of over 10 billion yen: Nikkei

Published 14/09/2015

TOKYO Toshiba Corp (6502.T) is set to report an operating loss of more than 10 billion yen ($83 million) in the April-June quarter hurt by [more…]

Vivendi lifts second quarter profit, says could consider more M&A

Published 02/09/2015

PARIS French media group Vivendi (VIV.PA) reported higher second-quarter profit on Wednesday, helped by strong growth in its Universal Music division, and said recent asset [more…]

Scotiabank energy-sector bad loans climb- profit tops estimates

Published 28/08/2015

TORONTO Bank of Nova Scotia, which reported a quarterly profit that beat market expectations on Friday, said bad loans in the energy sector climbed as [more…]

China bank Bank of Communication’s half-yearly profit up 1.5 percent, bad debts grow

Published 27/08/2015

SHANGHAI China's Bank of Communications Co Ltd, the country's fifth-largest listed bank by assets, reported a 1.5 percent rise in first half net profit, even [more…]