Spending Drive Knocks Spotify Shares After Q1 Beat
(Reuters) -Spotify Technology said currency moves and a big increase in hiring would push it to an operating loss in…
April 27, 2022
Facebook Heads For Dismal Quarter As Advertisers Unfriend
By Yuvraj Malik and Eva Mathews (Reuters) – Facebook-owner Meta Platforms Inc is expected to report its slowest quarterly ad…
‘Great Resignation’ Sees More Companies Offer Equity To Staff
(Adds dropped word ‘permanently’ in final paragraph) By Federica Urso (Reuters) – Companies in North America and Europe plan to…
EXPLAINER: What’s behind Russia’s natural gas cutoff?
Russia’s Gazprom says it is halting natural gas supplies to Poland and Bulgaria, escalating tensions between the Kremlin and Europe…
Factbox-Who’s Who In Italy’s Generali Drama
MILAN (Reuters) – Generali shareholders will vote to select a chief executive and board of directors on April 29. Philippe…
Boeing posts $1.2 billion loss in Q1, worse than expected
Boeing said Wednesday that it lost $1.2 billion in the first quarter as it and took large write-downs and lost…
GSK Tops Forecasts As Consumer Health Spin-off Nears
By Pushkala Aripaka and Natalie Grover (Reuters) – GSK beat first-quarter sales and earnings forecasts on Wednesday, helped by demand…
General Dynamics Profit Rises 3% On Strong Demand For Private Jets
(Reuters) – Gulfstream jet maker General Dynamics Corp on Wednesday posted a 3.1% rise in first-quarter profit, as demand for…
Musk’s Twitter ambitions to collide with Europe’s tech rules
LONDON (AP) — A hands-off approach to moderating content at Elon Musk’s Twitter could clash with ambitious new laws in…
Oil Prices Steady On Russian Supply Fears And Asian Demand Concerns
By Shadia Nasralla (Reuters) – Oil was broadly steady on Wednesday after Russia cut gas supplies to Bulgaria and Poland,…