After enjoying a long reign as the king of streaming, Netflix faces a tough fight to keep its crown. It lost almost 1m subscribers between…
View More Netflix loses almost a million subscribers
Category: Business
Amazon offers to limit use of merchant data in bid to settle EU antitrust probe
Amazon has offered to limit its use of marketplace seller data and make changes to ‘Buy Box’ rankings in a bid to settle antitrust concerns…
View More Amazon offers to limit use of merchant data in bid to settle EU antitrust probe
Dutch central bank fines Binance 3.3 million euros
The Dutch central bank (DNB) on Monday said it had fined Binance, one of the biggest cryptocurrency exchanges, 3.3 million euros ($3.35 million) for offering…
View More Dutch central bank fines Binance 3.3 million euros
Crypto lender Celsius defends bitcoin mining plans as bankruptcy kicks off
Cryptocurrency lender Celsius Network said bitcoin mining is key to the company’s restructuring efforts at a U.S. bankruptcy court hearing on Monday in Manhattan. New…
View More Crypto lender Celsius defends bitcoin mining plans as bankruptcy kicks off
Polish watchdog files charges against five banks
Poland’s antimonopoly office has filed charges against five banks it found to have acted against the interests of customers, the watchdog said on Monday. After…
View More Polish watchdog files charges against five banks
EU cuts euro zone growth forecasts, revises up inflation outlook
The European Commission cut its forecasts for economic growth in the euro zone for this year and next and revised up its estimates for inflation…
View More EU cuts euro zone growth forecasts, revises up inflation outlook
The hike is (almost) here! Now for what comes next: Five questions for the European Central Bank
The European Central Bank is set to deliver its first interest-rate hike since 2011 this week, yet markets are already fast-forwarding to focus on the…
View More The hike is (almost) here! Now for what comes next: Five questions for the European Central Bank
US dollar nudges down from multi-year highs as euro gasps for gas
The dollar began the week nudging down from multi-year highs, with a hotter-than-forecast inflation reading in New Zealand lending modest support to the kiwi, though…
View More US dollar nudges down from multi-year highs as euro gasps for gas
Swiss central bank plans at least 50 bps rate hike in September, newspaper reports
The Swiss National Bank is currently planning to raise interest rates by 50 or 75 basis points in its next scheduled monetary policy announcement in…
View More Swiss central bank plans at least 50 bps rate hike in September, newspaper reports
UK to surpass Germany as Europe’s top entertainment and media market
The United Kingdom is projected to overtake continental heavyweight Germany as the biggest entertainment and media (E&M) market next year, according to projections by PwC.…
View More UK to surpass Germany as Europe’s top entertainment and media market