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In a display of steady growth, Netflix has bolstered its subscriber base by nearly 6 million and recorded an impressive revenue figure of $8.19 billion, a significant increase from the $7.97 billion reported in the prior year. This success has ...

Pharmaceutical giant Johnson & Johnson (J&J) revealed a jump in its second-quarter revenue and adjusted earnings, outperforming Wall Street's predictions. The result was attributed to strong growth in its medical technology (medtech) sector.Often seen as a bellwether for the wider ...

According to official data revealed on Wednesday, inflation in the UK saw a more significant decrease than anticipated in June, dropping to the lowest yearly rate since March of last year.In comparison to last year, consumer prices surged by 7.9% ...

Asian financial markets cooled on the back of a slowdown in China's economic growth. The Hong Kong market, leading the pack in early Tuesday trading, fell more than 1%. Other markets, including Shanghai, Sydney, Seoul, Singapore, Wellington, and Taipei, also ...

The Chinese economy is experiencing a continued second quarter deceleration in its recovery trajectory, prompting increasing demands for Beijing to implement further stimulus measures.China’s economic expansion stood at a disappointing 6.3% from April through June, a figure derived from a ...

Stocks experienced gains on Thursday following a key inflation reading that was lower than anticipated. The S&P 500 rose by 0.7%, while the Dow Jones Industrial Average gained 65 points, or 0.2%. The Nasdaq Composite saw a significant increase of ...

Elon Musk on Wednesday announced the formation of a new company focused on artificial intelligence, after months of hinting at plans to build a rival to ChatGPT.The company, called xAI, unveiled a website and a team of a dozen workers. ...

Technology giant Microsoft revealed on Monday that it had laid off 276 employees. Affected roles included customer service, sales and support.Microsoft's last-known layoffs took place in March of this year when the company axed its artificial intelligence ethics and society ...

Foxconn, the leading supplier for Apple and a global manufacturing giant, has decided to withdraw from a $19.5 billion joint venture project with an Indian conglomerate. The project aimed to establish semiconductor and display manufacturing facilities in the Indian state ...

US companies experienced a significant and unexpected surge in hiring activity during June, as reported by independent sources. The private sector added 497,000 jobs last month, surpassing economists' projections of 228,000 jobs.While independent assessments may not always align with the ...

On Thursday, Hong Kong stocks experienced their most significant decline in four months following Goldman Sachs' downgrade of major Chinese banks due to local government debt risks and the US Federal Reserve's hawkish outlook.The Hang Seng (HSI) Index concluded the ...

Siemens Energy shares plummeted by over 37% after the company heavily revised its profit forecast and issued a warning that the troubles plaguing its wind turbine unit could persist for several years, causing significant financial strain.Siemens Energy came into existence ...

A trade war between China and the United States over the future of semiconductors is heating up after Beijing imposed export controls on two crucial raw materials, gallium and germanium. These materials are essential for the global chipmaking industry.Last October, ...

Apple Inc’s stock market value ended Friday’s trading session above $3 trillion for the first time ever, as improving inflation led to strong sales.Apple is the world’s most valuable company. At the end of last week’s trading, shares leapt 2.3% ...

Food price inflation, albeit slowing, is still high in many parts of the world. In Italy, compared with last year, pasta prices jumped by just over 12% in June. In the UK, a block of cheddar cheese was 38% more ...