News Room
China’s BYD Forecasts Higher Third-Quarter Profit on Record EV Sales
By Ben Otto Chinese automaker BYD Co. expects third-quarter profit to rise at least 67% on the back of record…
IndusInd bank parent IIHL acquires debt-laden Reliance Capital
© Reuters. IndusInd International Holdings Ltd. (IIHL), the promoter entity of IndusInd Bank, has successfully acquired the debt-ridden financial services…
DeFi Protocol Elixir Raises $7.5M in Series A Round Led By Hack VC
DeFi platform Elixir has secured $7.5 million in a Series A investment fund led by Hack Venture Capital, bringing the…
Britain’s Tech Nation Rises From The Ashes But What Role Will It Play?
Having championed and nurtured the United Kingdom’s startup and scaleup ecosystem for almost a decade, Tech Nation effectively disappeared from…
Netflix Earnings Preview: Limping Into Q3 2023 Earnings Tonight (undefined:NFLX)
Tonight (10/18/23) after the closing bell, Netflix (NASDAQ:NFLX) will report their Q3 ’23 financial results, and it goes without saying…
Netflix raises prices as password crackdown boosts subscriptions
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Netflix’s crackdown…
Kaisa Creditors Reject Offshore Debt Restructuring Proposal
By Ben Otto Chinese property developer Kaisa Group Holdings said creditors have rejected a proposal to restructure its offshore debt…
Morgan Stanley profit down with lower investment banking revenue, shares tank
© Reuters. By Niket Nishant, Tatiana Bautzer and Manya Saini (Reuters) -Morgan Stanley's third-quarter profit showed a hit from lethargic…