Disney+ is losing millions of subscribersStocks

Disney+ is losing millions of subscribers

Streaming platform Disney+ lost a few million more subscribers, posting a second straight quarter of decline. Launched in late 2019…

PayPal increased revenues and profitsStocks

PayPal increased revenues and profits

Fintech e-payments company PayPal reported higher revenues and profits. It raised expectations for the year after cost savings and solid online…

Inflation in OECD countries fell to 7.7% in MarchStocks

Inflation in OECD countries fell to 7.7% in March

The annual inflation rate was 7.7 percent in March in Organization for Economic Co-operation and Development (OECD) countries, down from…

JP Morgan acquires First Republic Bank in 8 US statesStocks

JP Morgan acquires First Republic Bank in 8 US states

US regulatory authorities have taken control of Californian bank First Republic, which US banking giant JP Morgan Chase is buying,…

Australia’s central bank raised interest rates unexpectedlyStocks

Australia’s central bank raised interest rates unexpectedly

The Central Bank of Australia (RBA) announced that it raised the reference interest rate in May by 25 basis points…

Alphabet achieved results better than expectedStocks

Alphabet achieved results better than expected

Alphabet, the company that manages Google, has released its first quarterly report for 2023, in which the key figure concerns…

S&P 500 companies to spend $1T on share buybacks this yearStocks

S&P 500 companies to spend $1T on share buybacks this year

Buying back own shares or debt securities (corporate bonds) is again a hot topic in the financial world. The biggest…

Goldman Sachs predicts ECB to raise interest rates by 0.25Stocks

Goldman Sachs predicts ECB to raise interest rates by 0.25

Economists at investment bank Goldman Sachs reversed their earlier forecasts of where the European Central Bank’s interest rates would ease…

Alphabet CEO to earn more than $200 million in 2022Stocks

Alphabet CEO to earn more than $200 million in 2022

Alphabet’s securities filing on Friday, April 21, disclosed that in 2022, CEO Sundar Pichai received a total of $226 million,…

IKEA invests 2B euros to expand its US businessStocks

IKEA invests 2B euros to expand its US business

IKEA store proprietor Ingka Group will fund two billion euros ($2.9 billion) in expanding its business in the US over…