Business

Netflix Expects Profit Surge with Millions Joining Subscriber Base Over Three Month Period

Netflix Expects Profit Surge with Millions Joining Subscriber Base Over Three Month Period

After implementing measures against password sharing and introducing commercis into the streaming experience, along with substantial funding for live TV events, Netflix announced it anticipates to double profits this quarter following an influx of over 5 million new subscribers during summer. Popular shows like The Perfect Couple and Emily in

British Pound Declines Amid First Drop in Inflation Below 2% Target Since 2thyear-end - Business Updates Live

British Pound Declines Amid First Drop in Inflation Below 2% Target Since 2thyear-end - Business Updates Live

UK's price growth has dipped below its set goal after nearly four years and five months, as indicated by recent statistics from the Office for National Statistics (ONS). Inflation measured through consumer prices index stands at a yearly 1.7% in September—a reduction from August’s rate

Boeing Aims for Up to $25 Billion via Stock and Debt Offering Expansion

Boeing Aims for Up to $25 Billion via Stock and Debt Offering Expansion

Boeing is pursuing up to $25bn in an effort to strengthen its finances as the aerospace giant grapples with production delays due to labor disputes and persistent safety issues. A regulatory announcement by the firm on Tuesday revealed plans for a stock and debt offering, aiming to provide Boeing flexibility

BMW CEO Predicts European Emissions Regulation Will Reduce Combustion Engine Automobile Market Growth

BMW CEO Predicts European Emissions Regulation Will Reduce Combustion Engine Automobile Market Growth

The EU's plans for phasing out traditional internal combustion engines by 2035 have sparked concern among industry leaders as European car manufacturers face intensified competition from China in the electric vehicle sector. In a statement at the Paris motor show, Oliver Zipse of BMW warned that this deadline

Oil Prices Drop Amid Slowed Chinese Economy and Diminished Tensions in the Middle East

Oil Prices Drop Amid Slowed Chinese Economy and Diminished Tensions in the Middle East

Global oil prices have decreased by nearly $3.50 per barrel due to persistent worries about an economic slowdown in China, as well as reduced anxiety over potential assaults on Iran's energy infrastructure. The Israeli prime minister has reportedly provided reassurances to the White House that any countermeasures

Peugeot Driver & Volkswagen Advocate Swift Transition to Electric Car Era

Peugeot Driver & Volkswagen Advocate Swift Transition to Electric Car Era

Leaders of two major European car producers have highlighted concerns about speeding up Europe's shift to electric cars amid ongoing EU disputes over phasing out traditional combustion engines. Carlos Tavares from Stellantis (owners of Peugeot, Vauxhall, Jeep and Citroën brands) along with Martin Sanger, sales head at Volkswagen

Labour's Workers' Rights Initiative Assured for Businesses; Keynote by Starmer Offers Reassurance to Stakeholders

Labour's Workers' Rights Initiative Assured for Businesses; Keynote by Starmer Offers Reassurance to Stakeholders

The keynote speaker of today's Investment Summit is Keir Starmer who emphasizes that the primary goal here—shared by business leaders and government alike —is to foster growth, which he regards as a pivotal force in navigating through times fraught with uncertainty. He eloquently sets forth this vision