Newsroom

Netflix shares dropped 20% in after-hours trading Thursday following the release of its fourth-quarter earnings report, which exceeded analysts' expectations on some counts but continued a trend of declining subscriber growth.

21 Jan 2022 | 2m read

The UK's state pension payment system is 'not fit for purpose' and should be urgently reformed to avoid a repeat of a £1bn underpayment scandal, according to parliament's spending watchdog.

21 Jan 2022 | 3m read

Spending by consumers in Great Britain dropped by almost 4% in December as the arrival of the Omicron variant kept people away from the shops, official figures show.

21 Jan 2022 | 2m read

Electric vehicle (EV) battery startup Britishvolt has secured UK government backing for a battery plant in northern England, enabling 1.7 billion pounds ($2.31 billion) in private funding and boosting national efforts to build zero-emission cars.

21 Jan 2022 | 2m read

The Bank of England will press ahead with its tightening cycle next month as red-hot inflation runs well ahead of target and the economic threat from the Omicron coronavirus variant should prove milder than previous mutations, a Reuters poll found.

21 Jan 2022 | 4m read

E.ON, Europe's No. 1 operator of energy networks, has recently absorbed hundreds of thousands of customers across the continent who ended up without a provider after record prices forced several smaller rivals to collapse, its CEO said.

20 Jan 2022 | 2m read

Last week Britain's security services issued an extraordinary warning to parliament naming Christine Lee, a well-known lawyer in London's Chinese community, as an agent working covertly for the Chinese government.

20 Jan 2022 | 1m read

Resolving Chinese property developer Evergrande Group's struggle with $300 billion in liabilities has been fairly protracted but did not threaten financial stability in Britain, Bank of England Governor Andrew Bailey said on Wednesday.

20 Jan 2022 | 1m read