European Central Bank President Mario Draghi said policy makers needed to better understand what has caused a moderation in economic growth before they can decide on the future of the bank’s bond-buying program.
The Coca-Cola Company had a solid start to 2018, posting results that beat consensus estimates on both revenues and earnings. As has been the case in recent quarters, the refranchising efforts were a 26% headwind to the revenues,... On the other hand, org
Banking startup Revolut raised $250 million on Thursday at a valuation of $1.7 billion.
It makes Revolut one of the fastest tech companies to reach unicorn status in Europe.
CEO Nikolay Storonsky tells BI he thinks Revolut can keep growing at pace a
Fintech Revolut raised $250 million at $1.7 billion valuation.
Russian billionaire Yuri Milner's DST Global led the funding round.
Funding will fuel international expansion and hiring.
Revolut started as a no-fee foreign exchange app but has expanded into
NEW YORK (Reuters) - New York's yellow taxi drivers on Wednesday joined with drivers for Uber and other app-based ride services at a rally to call for guaranteed minimum pay and limits on growth in the number of cars for hire in the largest U.S. city.
SEOUL (Reuters) - Samsung Electronics Co Ltd said weakness in the global smartphone market would slow earnings growth, as it reported record quarterly profit on Thursday thanks to strong demand for semiconductors used in servers.
Starbucks (NASDAQ: SBUX) is scheduled to report its second quarter (three months ended March 2018) earnings on April 26, wherein a rise in both revenues and earnings is anticipated. While the revenue growth is expected to be boosted as a result of the com
Inflation continues to grow at below-target levels, even while tax revenue increases. This presents a challenge for the treasurerIn the run up to the May budget, Australia’s economy continues to show little sign of retuning to normal levels of inflation
When Qualcomm (NASDAQ:QCOM) was in the midst of trying to block a takeover by fellow chip giant Broadcom, the former came out and pledged to cut $1 billion in costs in order to help it achieve its long-term earnings-per-share growth target.
Projections have suggested that the advent of electric vehicles would have a dramatic impact on oil demand, and now it's starting to show with buses. But oil traders need not sweat -- there's another sector with strong petroleum demand growth that should
McDonald's sales remain sluggish but will pick up in the second half of 2018, according to RBC.
Same-store sales rose slightly in March, driven by improving industry trends and a recovery breakfast demand.
RBC sees potential in McDonald's make
Takeda is near a deal worth more than $60 billion to buy European drugmaker Shire, having raised its bid four times in a sign of how ardently Japan’s legacy companies are pursuing growth abroad as sales at home slow.
Company posts first-quarter profit of $61m on revenues of $665m, comfortably ahead of analysts’ expectationsIt’s taken 12 years, but Twitter is now a money-maker. The social media company reported its second profitable quarter on Wednesday, driven by
Twitter reported first quarter earnings on Wednesday that topped analyst expectations.
The company said it earned an adjusted $0.16 per share where Wall Street had expected $0.12.
Shares rose more than 5% in early trading before giving up much
Rene Chaze, Chief Development Officer of Edelman Financial Services, recently talked with Julie Cooling, CEO and Founder of RIA Channel, about Edelman’s history and how trends in mergers & acquisitions help further the firm’s growth.
Since 2011, the company has invested $150 billion worldwide on fulfillment networks, transportation capabilities and ad technology infrastructure. Through all this activity it added 130,000 new jobs in 2017 alone.