Business and Economy

Business and Economy Latest News

Netflix wins subscribers as ad strategy pays off
Netflix wins subscribers as ad strategy pays off
by  AFP

Netflix on Thursday said it added eight million new subscribers in the second quarter, as the home of hit shows "The Crown" and "Bridgerton" posted its latest financial earnings that exceeded analyst expectations. A renewed warning on Thursday that the results could be lower than expected in the current quarter sent Netflix shares lower in after hours trading.

Cautious ECB opts for summer rate pause
Cautious ECB opts for summer rate pause
by  AFP

The European Central Bank held borrowing costs steady Thursday, giving policymakers more time to assess progress on inflation after last month's first interest rate cut in five years. Progress on inflation led the ECB to lower borrowing costs for the first time since 2019 in June, bringing some relief to households and businesses.

Energy

Money

Industry

Technology

Economy