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Business

Netflix stung by slowing subscriber growth

Facebook recently announced subscription price bumps in the United States, with the basic option now costing $9.99, and the most expensive going up to $19.99.

3 days ago

By Glenn Chapman

Netflix

Supermarket shelves go bare as Omicron disrupts US

The United States is seeing massive numbers of new Covid-19 cases as Omicron tears through the population

10 days ago

By Delphine Touitou with Juliette Michel in New York

Samsung Electronics forecasts 52.5% jump in Q4 profits on record sales

The conglomerate's overall turnover is equivalent to around one-fifth of South Korea's gross domestic product.

17 days ago

By Kang Jin-kyu

Samsung South Korea

Toyota overtakes GM to lead US auto sales for 2021

GM has held the crown as the number-one company in US auto sales since 1931

19 days ago

By John Biers

Toyota

New York subpoenas Trump, children in fraud probe

The Trump Organization is under investigation by the Manhattan district attorney for possible financial crimes and insurance fraud.

20 days ago

By AFP News

New York Donald Trump

Tesla recalls nearly 500,000 autos on crash risk

The company is expected to send letters to owners February 18 and will reimburse those who already paid to fix the issue.

24 days ago

By AFP News

Santander UK hands out £130 mn in Christmas Day error

The bank said the error was caused by a scheduling issue which "we quickly identified and rectified".

24 days ago

By AFP News

United Kingdom Bank of England

Apple puts India iPhone plant 'on probation' after mass food poisoning

The factory makes iPhones for the Indian market and for export, as well as other gadgets.

25 days ago

By AFP News

IPhone India Apple

Samsung in talks to buy Biogen for $42 bn: report

The company, based in Cambridge, Massachusetts, had revenues of $13.4 billion last year

25 days ago

By AFP News

Samsung South Korea

To Solve The UK's Labour Shortage, We Must Empower - And Entrust - Businesses

The solution is simple: for the UK to follow other countries in giving businesses both the power to quickly and directly recruit the workers they need from abroad, and the responsibility for providing them with housing, healthcare and schooling for their children.

26 days ago

By James Caan CBE

Tech 2022 trends: meatless meat, Web 3.0, big tech battles

The spike toward record ransomware attacks and data leaks in 2021 looks likely to spill over into the coming year.

26 days ago

By Joshua Melvin with Julie Jammot in San Francisco

Amazon Google Facebook Bitcoin

Russian gas supplies to Europe under scrutiny

Some European states, such as Poland and Ukraine, have accused Moscow and Russian energy company Gazprom of cutting gas supplies to Europe

26 days ago

By Florian Cazeres with Charlotte Causit in Paris

Russia Vladimir Putin Poland European Union

Stocks markets mixed as Omicron spreads

On Friday before the Christmas break, markets wavered in similarly subdued trade.

28 days ago

By AFP News

Omicron wave forces Lufthansa to axe 33,000 flights

The carrier booked an underlying, or operating loss of 5.5 billion euros ($6.2 billion) in 2020 and turned to the state for support.

Dec 24, 2021

By AFP News

IMF extends emergency funding by 18 months due to Covid

The programs have already been extended twice, in September 2020 and again last March.

Dec 24, 2021

By AFP News

IMF International Monetary Fund

UK businesses given £1.0 billion support as Omicron bites

Across the country, all sectors of British industry have been hit as staff contract the virus and are forced to self-isolate at home.

Dec 22, 2021

By Veronique Dupont

United Kingdom

Top Benefits of Bitcoin Lending

Bitcoin lending is undoubtedly changing the loans sector. With crypto lending, securing a loan is faster because lenders have fewer requirements compared to traditional lenders.

Dec 21, 2021

By IBT UK Contributor

Nike earnings boosted by strength in North America, good pricing

Shares rose 3.3 percent to $162.21 in after-hours trading.

Dec 21, 2021

By AFP News

Could video games bring NFTs to the masses?

A whopping $26.9 billion changed hands in NFT sales in 2021, according to blockchain research firm Chainalysis.

Dec 20, 2021

By Yassine Khiri, Katy Lee

Bitcoin FIFA

The Pros and Cons of Bitcoin Lending

Bitcoin lending is becoming an increasingly popular trend globally. Many investors want to generate passive income by investing in Bitcoin-backed loans.

Dec 17, 2021

By IBT UK Contributor

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