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SpaceX's Starlink Demonstrates Its Power but Still Needs Growth
Revenue at the satellite-internet business jumped to $1.4 billion last year but has fallen short of Musk’s financial projections. Source link
Europe Returns to Timid Growth, but Bigger Headwinds Loom
Lower energy bills helped drive an expansion in activity in the quarter through June, but the region faces a litany of challenges in the coming
U.S. Economic Growth Accelerates
The economy expanded at a 2.4% annual rate in the second quarter, remaining well clear of a recession despite higher rates. Source link
Facebook Parent Meta Expected to Report Sales Growth as Turnaround Continues
The social-media giant has seen a surge after cutting costs and improving ad-targeting. Source link
JPMorgan ups Turkey inflation, growth forecasts after rates decision By Reuters
© Reuters. People shop at a fresh market in Istanbul, Turkey July 5, 2023. REUTERS/Dilara Senkaya/File Photo LONDON (Reuters) – Wall Street bank JPMorgan (NYSE:)
Japan’s govt cuts growth forecast, sees inflation exceeding BOJ target By Reuters
© Reuters. FILE PHOTO: A Japanese flag flutters on the Bank of Japan building in Tokyo, Japan, March 15, 2016. REUTERS/Toru Hanai/File Photo By Leika
BofA cuts China’s 2023 growth forecast to 5.1% By Reuters
© Reuters. FILE PHOTO: People walk on an overpass past office towers in the Lujiazui financial district of Shanghai, China October 17, 2022. REUTERS/Aly Song/File
China keeps loan prime rate steady amid slowing economic growth By Investing.com
© Reuters. Investing.com– The People’s Bank of China held its benchmark lending rate steady on Thursday as expected, although focus remained on any future cuts
Netflix Password-Sharing Crackdown Delivers Jolt of New Subscriber Growth
The streaming giant says the Hollywood strikes will lead to less content spending and increased free cash flow this year. Source link