Disney tops Netflix on streaming subscribers, sets higher prices

Disney tops Netflix on streaming subscribers, sets higher prices

A smartphone screen showing the “Disney+” logo is seen in front of the words “streaming service” in this illustration taken March 24, 2020. REUTERS/Dado Ruvic Register now for FREE unlimited access to Reuters.com Register LOS ANGELES, Aug 10 (Reuters) – Walt Disney Co (DIS.N) edged past Netflix Inc (NFLX.O) with a total of 221 million … Read more

Ukrainian grain ship heads through safe waters, but economy is still in doldrums

Ukrainian grain ship heads through safe waters, but economy is still in doldrums

Grain-carrying ship from Ukraine inspected in Turkey Ship, headed for Lebanon, transits Bosphorus Shipment is first of kind to leave Ukraine in wartime But Ukrainian leader says much more is needed Kyiv urgently needs to ship 10 mln tons to cut deficit KYIV/ISTANBUL, Aug 3 (Reuters) – Ukrainian President Volodymr Zelenskiy dismissed the importance of … Read more

Wall Street falls on rising US-China tensions, Caterpillar shares weigh

Wall Street falls on rising US-China tensions, Caterpillar shares weigh

Speaker Nancy Pelosi expected in Taipei later today Caterpillar falls after missing sales estimates Uber gains after reporting positive cash flow Indexes down: Dow 0.92%, S&P 0.61%, Nasdaq 0.45% Aug 2 (Reuters) – Wall Street’s major indexes fell on Tuesday on concerns over rising US-China tensions ahead of the arrival of US House of Representatives … Read more

HSBC hangs up on Ping An break-up call, lifts payout and profit goal

HSBC hangs up on Ping An break-up call, lifts payout and profit goal

HSBC to revert to paying quarterly dividends from 2023 Aims to win over investors with higher profitability target Says emergence of Asian business has huge risks London shares rise 6% LONDON/SINGAPORE, Aug 1 (Reuters) – HSBC (HSBA.L) pushed back on a proposal by top shareholder Ping An Insurance Group Co of China (601318.SS) to split … Read more

China’s Alibaba strives to keep New York listing amid audit dispute

China's Alibaba strives to keep New York listing amid audit dispute

The logo for Alibaba Group is seen on the trading floor at the New York Stock Exchange in Manhattan, New York City, US, Aug. 3, 2021. REUTERS/Andrew Kelly/File Photo Register now for FREE unlimited access to Reuters.com Register Aug 1 (Reuters) – Alibaba Group Holding Ltd (9988.HK) on Monday said it would work to maintain … Read more

Biden again tests positive for COVID, says he feels fine

Biden again tests positive for COVID, says he feels fine

WASHINGTON, July 30 (Reuters) – US President Joe Biden tested positive for COVID-19 again on Saturday in what the White House doctor described as a “rebound” case seen in a small percentage of patients who take the antiviral drug Paxlovid. Biden, 79, who emerged from COVID isolation on Wednesday after testing positive on July 21, … Read more

If you are high risk, do not wait for updated COVID vaccines, experts say

If you are high risk, do not wait for updated COVID vaccines, experts say

CHICAGO, July 29 (Reuters) – People at high risk of severe disease who have yet to get a second COVID-19 booster should not wait for next-generation, Omicron-targeted vaccines expected in the fall, five vaccine experts told Reuters. In many countries, including the United States, the BA.5 Omicron subvariant of the virus is surging, but current … Read more

India blocks Krafton’s game under law it has used to ban China apps-source

Myanmar executes four democracy activists, drawing condemnation

NEW DELHI, July 29 (Reuters) – India blocked a popular battle-royale format game from Krafton Inc (259960.KS), a South Korean company backed by China’s Tencent (0700.HK), using a law it has invoked since 2020 to ban Chinese apps on national security concerns, a source said. Battlegrounds Mobile India (BGMI) was removed from Alphabet Inc’s (GOOGL.O) … Read more

Wall St ends up sharply for 2nd day; Amazon.com, Apple jump after hours

Wall Street closes sharply higher on strong corporate earnings

US economy contracts in the second quarter Meta Platforms revenue drops for first time Ford shares gain after results Indexes: Dow up 1%, S&P 500 up 1.2%, Nasdaq up 1.1% NEW YORK, July 28 (Reuters) – US stocks on Thursday rallied for a second day, with all three major indexes ending up more than 1% … Read more

Shell smashes record again with $11.5 bln profit

Shell smashes record again with $11.5 bln profit

General view of a Shell petrol station sign in Milton Keynes, Britain, January 5, 2022. REUTERS/Andrew Boyers/File Photo GLOBAL BUSINESS WEEK AHEAD Register now for FREE unlimited access to Reuters.com Register Shell announced $6 bln buyback program Refining margins triple in second quarter Strong gas and power trading lift profits LONDON, July 28 (Reuters) – … Read more