Britain becomes the first country to approve COVID-19 antiviral pill November 4, 2021 Britain has become the first country in the world to approve a potentially game-changing COVID-19 antiviral oral pill jointly developed by Merck and Ridgeback Biotherapeutics.
Reuters raises 2021 revenue forecast once again November 2, 2021 Thomson Reuters Corp raised its 2021 revenue forecast for the third time this year as the news and information company benefits from a recovering global economy.
S&P 500 and the Nasdaq set to fall after Apple and Amazon disappoint October 29, 2021 The S&P 500 and the Nasdaq indexes are expected to feel the repercussions of Apple and Amazon's supply chain woes.
Meta Materials’ stock rockets as Facebook reveals new name October 29, 2021 Facebook may have unveiled its new identity at a glitzy event yesterday, but shares of a lesser-known Canadian industrial materials company surged in an apparent case of mistaken identity.
Energy price cap to be reviewed in response to unprecedented rise October 29, 2021 Ofgem, UK energy watchdog, said it will review how the price cap on gas and electricity bills is calculated in light of the collapsing energy firms.
Double-digit growth predicted for Apple October 28, 2021 Apple expected to announce "double-digit revenue growth" despite supply chain and iPhone lag.
Amazon expected to weather the supply chain storm with third-quarter results October 28, 2021 Amazon is expected to report strong results this evening, as the company shows its gearing up for Christmas with over 300,000 new global roles, including seasonal hires and corporate workers. Analysts suggest the online retailer will to post quarterly earnings of $8.72 per share in its upcoming report, which represents a year-over-year change of -29.5%. [...]
Sony has one per cent profit rise, despite PS5 supply complexities October 28, 2021 Japan's Sony Group announced a surprise 1 per cent rise in operating profit for its second quarter though costs from growing sales of its PlayStation 5 (console pressed on margins.
Spotify shows market expansion and subscription boost in thriving third-quarter October 27, 2021 Spotify reports a strong third-quarter, with nearly all of their major metrics finishing better than expected. Their revenue of €2.5bn (£2.1bn) grew 27 per cent year-on-year in Q3, with premium revenue up 22 per cent to €2.2bn (£1.9bn). The streaming giant showed significant advertising strength, with Ad-Supported revenue growing 75 per cent to €323 million [...]
Biden nominates permanent chair giving Democrats new FCC majority October 27, 2021 President Joe Biden announces his nominees to the Federal Communications Commission (FCC), including designating acting Chair Jessica Rosenworcel as a permanent chair.
