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1-10 results from 1000 for query «markets»

January 15, 2019 7:10 PM Netflix raises prices for U.S. subscribers

(Reuters) - Netflix Inc (NFLX.O) is raising monthly fees for its U.S. subscribers by between 13 percent and 18 percent, the video streaming pioneer’s first price increase since 2017 as it spends heavily on original content and international expansion. Prices for its popular standard plan, which allows streaming on two devices at the same time, will rise to $12.99 per month 2677

January 14, 2019 1:57 PM Market turmoil hits Citigroup revenues

US bank Citigroup has blamed the recent turmoil on global markets for a surprise drop in revenue. Fourth quarter revenue slipped 2% to $17.1bn (£13.3bn), falling short of analyst estimates of $17.5bn. The bank said income on its bond trading desks had slumped by a fifth following the fluctuations on financial markets in December. But chief executive 272

January 12, 2019 3:05 AM Pemex's New York roadshow spooks investors, yields spike

MEXICO CITY (Reuters) - Yields on the debt of Mexican state-run oil company Pemex rose sharply this week after the company failed during presentations in New York to lay out a clear plan to reduce debt and increase output, analysts said. Pemex faces the possibility of a credit ratings downgrade due to costly proposals by the new government of leftist 175

January 11, 2019 6:22 PM What's moving markets today

The British pound briefly jumped as much as 0.5% to above $1.28 after the Evening Standard newspaper said Brexit could be delayed. The London newspaper, which is edited by former UK treasury chief George Osborne, cited UK cabinet ministers as the source of the information. The UK is scheduled to leave the EU on March 29, but Prime Minister Theresa May has not yet secured 133

January 10, 2019 7:31 PM Germany's Merkel says expects Greece to return to markets

ATHENS (Reuters) - German Chancellor Angela Merkel said on Thursday she expected Greece would be able to return to financial markets after it emerged from a multi-billion euro bailout program last year. “Yes of course, my visit, all my work, has this as its purpose, that Greece can stand on its own feet, and get financing from the markets,” Merkel told journalists 116

January 9, 2019 11:33 PM Pizza Hut announces expansion to beer delivery program

Pizza Hut on Monday announced the latest expansion of its effort to deliver customers a classic combo – pizza and beer. (iStock) Pizza Hut on Monday announced the latest expansion of its effort to deliver customers a classic combo – pizza and beer. “The expansion continues – and isn’t expected to stop – with Pizza Hut adding more restaurants to its category-first 230

January 9, 2019 7:26 AM Apple cuts current-quarter production plan for new iPhones by 10 percent: Nikkei

(Reuters) - Apple Inc (AAPL.O), which slashed its quarterly sales forecast last week, has reduced planned production for its three new iPhone models by about 10 percent for the January-March quarter, the Nikkei Asian Review reported on Wednesday. That rare forecast cut exposed weakening iPhone demand in China, the world’s biggest smartphone market, where 135

January 8, 2019 10:17 PM U.S. delegation member says trade talks with China to continue Wednesday

BEIJING (Reuters) - Trade talks between the United States and China will continue on Wednesday, U.S. delegation member Steven Winberg said on Tuesday, as the world’s two largest economies seek to resolve a bitter trade dispute. The talks are going on well so far, Winberg, who is also U.S. assistant secretary for fossil energy, told reporters in Beijing 122

January 8, 2019 4:18 PM Today's market moves and business news

The Dow climbed 300 points, or 1.3%, at Tuesday’s opening bell on hopes for progress on a trade deal with China. The S&P 500 jumped 1.1%, leaving both indexes on track for their first three-day winning streak since late November. The Nasdaq advanced 1% as well, boosted by 2% rallies for Amazon and Facebook. Markets got an extra boost after President 107

January 8, 2019 4:16 PM Like Apple, Samsung Feels Sting of Slowed Global Economic Growth

(NEW YORK) — Samsung expects its quarterly operating profit to fall 29 percent compared with last year, potentially unsettling a tech sector already skittish about slowing global economic growth. The announcement from the South Korean computer chip and smartphone giant comes less than a week after a weak outlook from Apple Inc. jolted markets 129