(Reuters) -Spotify Technology said on Thursday it was investigating some issues with its web page, following reports the audio streaming platform was down for thousands of users. There were more than 15,000 incidents of people reporting issues with Spotify, according to Downdetector, which tracks outages by collating status reports from a number of sources including…
By Helen Coster and Eva Mathews (Reuters) -Comcast Corp on Thursday said it beat quarterly profit forecasts on sustained demand for its broadband services and rising theme park attendance, giving the media giant a lift days after it fired NBCUniversal’s chief for sexual harassment. The company’s shares rose 4% as the report showed a smaller-than-expected…
By Alexander Marrow (Reuters) – The rouble steadied on Thursday, with the market looking ahead to Friday’s interest rate decision, as favourable month-end tax payments propped the Russian currency up amid a significant drop in oil prices. By 1322 GMT, the rouble was 0.2% stronger against the dollar at 81.44 and had gained 0.6% to…
By Alexander Marrow (Reuters) – The rouble steadied on Thursday, with the market looking ahead to Friday’s interest rate decision, as favourable month-end tax payments propped the Russian currency up amid a significant drop in oil prices. By 1322 GMT, the rouble was 0.2% stronger against the dollar at 81.44 and had gained 0.6% to…
By Natalie Grover and Maggie Fick LONDON (Reuters) -AstraZeneca on Thursday beat expectations for first-quarter profit and revenue, as buoyant sales of cancer treatment Imfinzi and strong demand for its roster of drugs in emerging markets helped to offset dwindling COVID product sales. The company’s sales and outlook highlight the rapid decline of its COVID…
By Kanishka Singh WASHINGTON (Reuters) -Cable television network CNN has fired longtime host Don Lemon, the news anchor said in a post on Twitter on Monday, adding he was “stunned” by the step and that he was not directly informed of the termination by the network. “I was informed this morning by my agent that…
(Reuters) – Altria Group Inc missed sales expectations for the first quarter on Thursday, as price-sensitive consumers switched to cheaper brands of cigarettes and smokeless tobacco products. Hit by inflation, consumers have been trading down to affordable alternatives to the pricey traditional tobacco products that Altria sells, like the Marlboro brand family, which includes Special…
By Bianca Flowers and Aishwarya Nair (Reuters) – Heavy machinery maker Caterpillar Inc topped Wall Street expectations with a 31% rise in first quarter profit on Thursday but a flat order backlog left analysts thinking that demand may have peaked. Profit in the first quarter was lifted by a boost in U.S. infrastructure spending which…
(Reuters) – Industrial conglomerate Honeywell International Inc raised its full-year profit and revenue forecasts on Thursday, after posting a quarterly results beat on strength in its aviation unit. Shares of the company, which makes everything from engines to cockpit components, were up 2.4% at $195.50 before the bell. Aviation suppliers such as Honeywell and General…
BEIJING (Reuters) – China’s banking and insurance regulator said it would enhance credit support and lower the actual financing costs of small and micro enterprises this year to better support economic recovery. In a statement on Thursday, the China Banking and Insurance Regulatory Commission (CBIRC) said financial institutions should provide reasonable credits to small businesses,…
