Pages

Monday, 16 October 2017

Breaking business news: Netflix subscriber adds beat estimates as original shows lure viewers

Click to View in Browser
Monday, October 16, 2017
Netflix subscriber adds beat estimates as original shows lure viewers
(Reuters) - Video-streaming pioneer Netflix Inc added more subscribers than expected in the third quarter as original shows such as the latest season of "Narcos" helped attract more viewers.
Wall St. inches up with financials; earnings in focus
NEW YORK (Reuters) - All three major U.S. stock index rose to record closing highs on Monday, with the Dow Jones Industrial Average less than 50 points below 23,000, ahead of a long list of earnings this week and as financial shares recovered from last week's losses.
Colony Capital injects cash, in talks to buy Weinstein Co
NEW YORK (Reuters) - The Weinstein Company has entered talks to sell the bulk of its assets to private equity firm Colony Capital, the companies said on Monday, as the film production company looks for stability after the departure of co-founder Harvey Weinstein.
Exclusive: China offers to buy 5 percent of Saudi Aramco directly - sources
DUBAI/LONDON (Reuters) - China is offering to buy up to 5 percent of Saudi Aramco directly, sources said, a move that could give Saudi Arabia the flexibility to consider various options for its plan to float the world's biggest oil producer on the stock market.
Nordstrom family suspends attempt to take U.S. retailer private
(Reuters) - Nordstrom Inc said on Monday that a founding family group had suspended attempts to take the U.S. department store operator private because of difficulties in arranging debt financing for its bid ahead of the key holiday shopping season.
Tough U.S. NAFTA demands send ball back into lobbyists' court
ARLINGTON, Va. (Reuters) - Lobbying efforts on the North American Free Trade Agreement hit a crucial stage this week after the Trump administration ignored the U.S. business community's advice and pitched proposals to radically reshape NAFTA, leaving its future in doubt.
Striking Canadian autoworkers ratify GM deal
MONTREAL (Reuters) - Striking Canadian workers on Monday voted nearly 86 percent in favor of a new four-year agreement with General Motors Co in a deal that would make it more costly for the U.S. automaker to shut the Ontario plant.
Exclusive: T-Mobile, Sprint plan merger without selling assets
(Reuters) - T-Mobile U.S. Inc and Sprint Corp plan to announce a merger agreement without any immediate asset sales, as they seek to preserve as much of their spectrum holdings and cost synergies as they can before regulators ask for concessions, according to people familiar with the matter.
U.S. buyers favor iPhone 7 over 8: research
(Reuters) - Apple Inc's older iPhone 7 models are outselling the recently launched iPhone 8 ahead of the early November debut of the premium iPhone X, broker KeyBanc Capital Markets said, citing carrier store surveys.
As the quartet breaks up, central banking leadership flux looms
WASHINGTON (Reuters) - The leaders of the world's top central banks who risked trillions of dollars and their reputations to rescue the global economy are now set to walk off stage at a time when the lingering effects of the crisis, evolving technology and a combustible political landscape will challenge their successors.
Related Video
T-Mobile, Sprint to announce merger
White House pushes corporate tax cuts
Counterparties is a curated snapshot of the best finance news and commentary around the web. Register Today
News you can use with actionable, timely advice for managing your financial life, including retirement, taxes, real estate, education and more. Register Today
» » MORE NEWSLETTERS
- 3 Times Square New York, NY 10036 USA © Copyright 2017 Thomson Reuters
Ensure delivery of Reuters Newsmails, add newsletters@email.reuters.com to your address book.
Subscribe to other Reuters newsletters.
Unsubscribe from this newsletter.
Follow us on Twitter Friend us on Facebook