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Netflix shares lose ground due to lower subscribers target

Digital Desk -
The value of shares in Netflix has fallen after the company reduced a new subscribers target. The streaming service says it is aiming to add...
BUSINESS

Stocks end lower on Wall Street as commodities prices fal

Digital Desk -
Stocks ended lower on Wall Street as another drop in commodities prices pulled down energy and materials stocks. Cabot Oil & Gas sank 11% Tuesday,...
BUSINESS

London Stock Exchange makes fresh bid to merge with Deutsche Boerse

Digital Desk -
The London Stock Exchange is in talks over a possible £20 billion merger with Germany's Deutsche Boerse to create one of the biggest exchange...
BUSINESS

Oil giants propose to freeze oil production’ if other oil producers join’

Digital Desk -
Russia has agreed with Opec members Saudi Arabia, Qatar and Venezuela to freeze oil production levels if other producers do the same. Energy minister Alexander...
BUSINESS

Janet Yellen: Pace of future US rate hikes could be slowed

Digital Desk -
The US economy faces a number of global threats that could derail growth and compel the Federal Reserve to slow the pace of future...
BUSINESS

Google boss Sundar Pichai becomes highest paid chief executive in US

Digital Desk -
The boss of Google has become the highest paid chief executive in America after being handed $199m in shares. Sundar Pichai was awarded 273,328 shares...
BUSINESS

Scandal-hit Volkswagen sees 2015 sales fall 4.8%

Digital Desk -
German carmaker Volkswagen says sales last year fell 4.8% for its flagship brand as the company struggled to overcome a scandal over cars rigged...
BUSINESS

US stocks and oil prices slump due to China slowdown fears

Digital Desk -
US stocks and oil prices have plunged again on more worries about a slowdown in China, giving the market its worst drop in three...
BUSINESS

Poundland shares plummet 21% after drop in profits

Digital Desk -
Shares in discount retailer Poundland have fallen more than 21% in early trading after it revealed challenging first-half figures. Underlying pre-tax profits for the six...
BUSINESS

VW boss warns workers of pain to come over emissions scandal

Digital Desk -
Volkswagen’s new chief executive has told more than 20,000 gathered workers that the company will have to review planned investments and contain costs as...
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