July 18, 2019

Transport app FlixMobility gets Germany’s biggest tech funding round to drive growth

Transport app FlixMobility has raised around 500 million euros ($561 million) in Germany’s biggest tech funding round to date to back investments in its expansion, sources […]
July 18, 2019

Netflix sinks on subscriber losses, analysts still see growth

Wall Street brokerages stuck to a positive outlook on Netflix Inc on Thursday, betting that a strong content slate for the rest of 2019 would reverse […]
July 18, 2019

Wall Street falls as Netflix adds to earnings jitters

Wall Street’s main indexes were set for their third day of losses on Thursday, as Netflix reported a surprise fall in U.S. subscribers in a downbeat […]
July 18, 2019

Oil falls nearly 3% as U.S. Gulf production returns

Oil fell nearly 3% a barrel on Thursday, weighed down by weakness in U.S. equities markets and an expectation that crude output would rise in the […]
July 18, 2019

Blackstone reports better-than-expected Q2 distributable earnings

Blackstone Group Inc , the world’s largest manager of alternative assets such as private equity and real estate, said on Thursday its distributable earnings in the […]
July 18, 2019

Southwest schedules without Boeing 737 MAX until Nov. 2, freezes pilot hiring

Southwest Airlines Co joined U.S. rivals on Thursday in cancelling more flights until early November due to the continued grounding of Boeing Co’s 737 MAX, which […]
July 18, 2019

Justice Department may sue to block Sprint, T-Mobile merger: CNBC

The U.S. Justice Department would sue to block the merger of T-Mobile US Inc and Sprint Corp if the parties do not settle next week, CNBC […]
July 18, 2019

Evercore set to lose out as Aramco reshuffles IPO roles: sources

Boutique investment bank Evercore Partners has lost the chance to retain a prime position as an independent advisor for Saudi Aramco’s potential $100 billion share sale, […]
July 18, 2019

Wall St. dips as trade worries weigh; Netflix tumbles

U.S. stock indexes edged lower on Thursday as investors awaited more developments around trade, while Netflix posted a surprise drop in U.S. subscribers, kicking off earnings […]
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