Netflix shares slip; five charts that break down its earnings
By Nivedita Balu and Tiyashi Datta (Reuters) – Netflix Inc’s shares fell nearly 3% on Wednesday after the streaming pioneer…
Business
Shanghai auto show crowds flock to BYD’s Seagull
By Casey Hall SHANGHAI (Reuters) – At the Shanghai auto show this week, the largest crowds can be found around…
Canadian housing starts slow as BoC rate hikes weigh
By Fergal Smith TORONTO (Reuters) -Canadian housing starts fell more than expected in March, contributing to a slower trend in…
U.S. crude stockpiles fall as refinery runs, exports rise- EIA
By Laura Sanicola (Reuters) -U.S. crude oil inventories last week fell more than forecast as refinery runs and exports rose,…
Morgan Stanley’s dealmaking CEO Gorman signals more purchases to come
By Saeed Azhar and Tatiana Bautzer NEW YORK (Reuters) -Morgan Stanley plans to buy more wealth and asset management businesses,…
Factbox-How big U.S. banks are managing bad loan reserves
(Reuters) – U.S. banking heavyweights set aside billions of dollars in the first quarter to account for potential bad loans,…
U.S. extends Citgo’s protection from creditors for three months
WASHINGTON (Reuters) – The U.S. on Wednesday extended for three months a license that protects Venezuela-owned oil refiner Citgo Petroleum…
Abbott signals device sales recovery as hospital staff shortages ease
By Leroy Leo and Khushi Mandowara (Reuters) -Abbott Laboratories said on Wednesday delayed non-urgent surgeries had resumed globally three years…
Glencore raises pressure on Teck Resources with promise of sweeter bid
By Clara Denina and Yadarisa Shabong LONDON (Reuters) -Glencore has told Teck Resources shareholders it is willing to improve its…
Morgan Stanley, Deutsche and others raise UK rate-hike forecasts
LONDON (Reuters) – A number of banks including Morgan Stanley and Deutsche Bank on Wednesday revised upward expectations for further…