By Dawn Chmielewski and Lisa Richwine (Reuters) -Netflix said on Thursday it added more than 8 million subscribers in its second quarter as the streaming service benefited from a password-sharing crackdown and such titles as “Bridgerton,” “Baby Reindeer” and “The Roast of Tom Brady.” While the subscriber gains topped analyst predictions of 5 million, Netflix …
Netflix beats subscriber targets but cautions on next quarter Read More »
By Juveria Tabassum (Reuters) -Domino’s Pizza forecast sequentially slower third-quarter comparable sales on Thursday and trimmed its target for new international store openings, sending its shares down 13%. The company’s target of opening more than 925 international outlets for the year is expected to fall short by about 275 after its Australia-based master franchisee said …
Domino’s Pizza warns of slower Q3 sales; shares fall Read More »
By David Shepardson WASHINGTON (Reuters) -Stellantis on Thursday recalled about 24,000 Chrysler Pacifica plug-in hybrid minivans worldwide because of fire risks, and urged owners to park outside, away from structures. and not to recharge the vehicles pending a software update. Stellantis said the recall of 2017 through 2021 model year Chrysler Pacifica Hybrids includes about …
Stellantis recalls 24,000 Chrysler minivans for fire risks, urges outdoor parking Read More »
By David Milliken LONDON (Reuters) -The Bank of England said on Thursday it had suffered a temporary outage to its CHAPS interbank payment system, which handles more than 360 billion pounds ($467 billion) on an average day, but expected all transactions to be settled by the end of the day. The failure in the high-value payment …
Bank of England payments system restored after outage Read More »
By Saeed Azhar and Niket Nishant NEW YORK (Reuters) -Goldman Sachs’ profit more than doubled in the second quarter and beat analysts’ estimates on strong debt underwriting and fixed-income trading, but slipped from a bumper first quarter when earnings were the highest since 2021. The resilience of the U.S. economy has given corporate executives the …
Goldman Sachs profit tops estimates on robust debt underwriting, fixed-income trading Read More »
FRANKFURT (Reuters) – Even some of the European Central Bank’s more hawkish policymakers are open to an interest rate cut in September, provided incoming data confirm that disinflation is continuing, four sources with direct knowledge of the discussion said. The ECB held rates steady on Thursday and its President, Christine Lagarde, said its next decision …
ECB hawks open to September rate cut if data supports it, sources say Read More »
ROME (Reuters) -Italy’s antitrust agency said on Thursday it had launched an investigation into online search giant Google and its parent company Alphabet over alleged unfair commercial practices involving users’ personal data. The request for consent that Google sends to its users to connect its multiple services “could constitute misleading and aggressive commercial practice”, the …
Italy’s antitrust takes aim at Google over personal data usage Read More »
By Leo Marchandon (Reuters) -French advertising group Publicis upgraded its organic growth guidance on Thursday after beating expectations for the second quarter, driven by its Epsilon and Media branches and market share gains. Its shares rose 6% in early trading in Paris, leading gains on France’s blue-chip index CAC 40. Publicis’ recent strong performance runs …
Advertising firm Publicis ups guidance after Q2 beat Read More »
By Johan Ahlander STOCKHOLM (Reuters) -Swedish truckmaker AB Volvo posted a bigger than expected rise in second-quarter operating profit on Thursday, but said demand is easing from last year’s high levels. Volvo said profit margins were squeezed by lower sales volumes and increased investment in research and development, but that was countered by price increases …
Truckmaker Volvo beats profit expectations but says demand is normalising Read More »
(Reuters) -Britain’s Dunelm Group reported a rise in quarterly sales on Thursday and forecast its annual profit to slightly exceed market consensus as freight-related costs ease for the homeware retailer, sending its shares up as much as 8%. The group, which sells items ranging from bedding, sofas, and chairs to garden furniture, said sales in …
UK retailer Dunelm reports quarterly sales rise, sees profit above market forecast Read More »
