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News Corp Swings to Loss Amid Revenue Drop, Book-Publishing Struggles
Business

News Corp Swings to Loss Amid Revenue Drop, Book-Publishing Struggles

CEO says news publisher is in talks with AI companies to establish the value of its content. Source link

Bud Light Boycott Sparks Big U.S. Profit Drop for AB InBev
Business

Bud Light Boycott Sparks Big U.S. Profit Drop for AB InBev

The brewing giant lost market share after the Dylan Mulvaney debacle, but it says consumers remain favorable toward Bud Light. Source link

Miami Sees Its First Population Drop in Decades
Business

Miami Sees Its First Population Drop in Decades

Listen to article (2 minutes) Miami, a global hot spot with ambitions to be a business and financial hub, is driving away more residents than

Finances

Czech billionaire Kretinsky closes in on Casino as rivals drop bid By Reuters

© Reuters. FILE PHOTO: The logo of French retailer Casino is pictured outside a Casino supermarket in Nantes, France, May 10, 2023. REUTERS/Stephane Mahe/File Photo

Marex registers 29% rise in revenues in 2022
Finances

State Street reports 8% Y/Y drop in revenues from FX trading services in Q2 2023

State Street Corporation (NYSE:STT) reported its second-quarter 2023 financial results today. Foreign exchange trading services decreased 8% and 11% compared to 2Q22 and 1Q23, respectively,

Citi reports 13% Y/Y drop in ICG Markets revenues in Q2 2023
Finances

Citi reports 13% Y/Y drop in ICG Markets revenues in Q2 2023

Citigroup Inc (NYSE:C) today reported its financial results for the second quarter of 2023. The Institutional Clients Group (ICG) delivered revenues of $10.4 billion in

European stock futures lower; oil prices surge on OPEC+ cut
Stock Market

European stock futures edge lower; Ericsson reports sharp drop in 2Q profit By Investing.com

© Reuters. Investing.com – European stock markets are expected to open slightly lower Friday, as investors bank profits after a strong week, waiting for the

Rivian to relocate staff to Illinois EV plant to accelerate production
Finances

China’s June exports fall 12.4%, imports drop 6.8% By Reuters

© Reuters. FILE PHOTO: A man walks past containers at a port in Shenzhen, Guangdong province, China June 11, 2022. REUTERS/David Kirton/File Photo BEIJING (Reuters)

Microsoft-backed AI4Bharat set to raise $12 million funding from Peak XV, Lightspeed
Stock Market

Zscaler & peers shares drop amid Microsoft competition worries By Investing.com

© Reuters. Zscaler & peers shares drop amid Microsoft competition worries Following Microsoft’s (MSFT) announcement of new services in the cybersecurity sector, shares of cybersecurity