Yahoo FinanceBetter Buy: Netflix vs. Roku
As streaming entertainment continues its secular growth story, which of these companies should investors consider adding to their portfolios?
As streaming entertainment continues its secular growth story, which of these companies should investors consider adding to their portfolios?
CHIANG MAI, Thailand (AP) — Just a handful of Chinese visitors were posing for photos and basking in the sun this week in the market and plazas near Chiang Mai’s ancient Tha Phae Gate, one of many tourist hotspots still waiting for millions of Chinese travelers to return. The beaches and temples of destinations like Bali and Chiang Mai are the busiest they have been since the pandemic struck three years ago, but they’re still relatively quiet. Still, Chanatip Pansomboon, a soft drinks seller in
Capital Group, one of the world's largest and most experienced active investment managers, today announced its board of directors has approved the election of leaders to new roles that will assume the management responsibilities of Tim Armour, Chairman and CEO and Rob Lovelace, Vice-Chair and President. Armour and Lovelace will both step down from Capital Group's management committee in October of this year.
TORONTO — Widespread inflation has led to some eye-popping meat prices, but dietitians say there are budget-friendly ways to get enough protein. Saving money on these essential building blocks could involve both considering a wider variety of sources, and being more strategic when sticking to old favourites, but either way it’s key that everyone gets enough, said registered dietitian Desiree Nielsen. “With everyone still getting sick all of the time, it is really important that you get adequate
Ottawa's agenda is to replace lost jobs with jobs that are sustainable jobs, but not necessarily well-paying
Spurred by a solid rally on Wall Street after upbeat U.S. economic growth data on Thursday, Asian stocks on Friday are set to continue their remarkable run and chalk up a fifth weekly rise in a row. Investors are already feeling positive about China's economic re-emergence from nearly three years of COVID-19 restrictions, pouring record sums into emerging market debt and equity funds, according to Bank of America. There are no major Asian economic indicators or corporate earnings releases on Friday to really drive market direction, and volumes will be relatively light due to China still being closed for Lunar New Year.
TOKYO (Reuters) -Toyota Motor Corp chief Akio Toyoda is set to remain a dominant force inside the world's largest automaker for years to come, and will continue to influence the agenda after stepping down in April, experts and people familiar with the firm said. The 66-year-old Toyoda on Thursday announced he would step aside as leader of the company his grandfather founded from April 1 to take the role of chairman. In recent years Toyota has become a target of activists and green investors who had once heralded its hybrid technology, but who now slate its belated embrace of electric vehicles (EVs).
WASHINGTON (Reuters) -The Federal Aviation Administration (FAA) told lawmakers on Wednesday that it had revoked access to a pilot messaging database to contractor personnel involved in a file deletion that led to the first nationwide groundstop since 2001. Last week, the FAA said it had found contract personnel "unintentionally deleted files" disrupting the Notice to Air Missions (NOTAM) messaging system that led to a Jan. 11 groundstop disrupting more than 11,000 flights. The FAA in an email to lawmakers seen by Reuters identified the contractor involved as Bethesda-based Spatial Front.
BERLIN/STOCKHOLM (Reuters) -SAP said on Thursday it planned to cut 3,000 jobs, or 2.5% of its global workforce, and explore the sale of its remaining stake in Qualtrics, as the Germany software company looks to cut costs and focus on its cloud business. "We expect only a moderate cost saving impact for 2023, and a more pronounced one in 2024, about 300 million euros to 350 million in run rate savings as of 2024," Chief Financial Officer Luka Mucic said in a call with journalists. The layoffs come after SAP reported a 30% revenue increase in its cloud business in the fourth quarter, helped by strong demand for its software.
LONDON (Reuters) -Wizz Air is upbeat on summer demand for travel but more cautious than its competitors, forecasting a return to profit in its 2023-2024 financial year, helped by strong bookings, new capacity and the benefits of hedging fuel costs. Low cost rivals Ryanair, Europe's biggest airline, and Britain's easyJet have reported record bookings for summer holidays, in a sign that consumers are still keen on trips despite a looming recession. Asked if Wizz had seen the same, CEO József Váradi said: "Bookings are strong, but I don't want to get over-excited."
GoldHaven Resources Corp. (CSE: GOH) (OTCQB: GHVNF) (FSE: 4QS) ("GoldHaven" or the "Company") will advance the Smoke Mountain Polymetallic project towards drill testing in 2023 given the positive results from the Company's 2022 exploration campaigns, which included airborne ZTEM and LiDAR surveys.
French carmaker Renault and its Japanese partner Nissan are closing in on an overhaul of their automaking partnership, in what could mark a sweeping reset of their two-decade alliance. The partnership, which has grown to include junior member Mitsubishi Motors, was founded in 1999 and long dominated by former Renault and Nissan top executive Carlos Ghosn. It gave Nissan a 15% stake in Renault, on a par with the French state, but no voting rights.
RBC Royal Bank is increasing its prime rate by 25 basis points to 6.70 per cent from 6.45 per cent, effective January 26, 2023.
Diageo, the world's largest spirits maker, signalled on Thursday that robust demand for its drinks as people made pricey cocktails at home during COVID-19 lockdowns may be slowing in some parts of the world, particularly North America. Its shares dropped almost 7%, shaving about 5 billion pounds ($6.2 billion) off the company's market value even as Diageo posted forecast-beating first-half sales thanks to price hikes and as more people drank premium spirits. Since the pandemic, Diageo has benefited from people splurging on more expensive types of alcohol while staying home under lockdown.
THE ROYAL CANADIAN MINT INVITES THE PUBLIC TO TRADE THEIR CHANGE FOR THE BLACK NICKEL $2 CIRCULATION COIN HONOURING QUEEN ELIZABETH II
A New Year rally in U.S. corporate bonds has started to lose some momentum, as some investors become skeptical of recent optimism about a 'Goldilocks' economic scenario of slowing inflation against a backdrop of moderate growth. Credit spreads for both investment-grade and high-yield bonds have been tightening in recent months, and more so this month, as lower inflation prints raised hopes of a pivot in the Federal Reserve's current hawkish policy. Seen as a measure of perceived risk compared to holding safer government bonds, spreads for investment grade bonds narrowed some 10 basis points so far in January and in total about 37 basis points since early October, while junk-rated debt spreads have come in 52 basis points and 116 basis points, respectively, in the same period.
OYA Renewables ("OYA"), a leading energy transition solutions platform, today announced that two new community solar projects have been selected as part of the first round of a community solar program, known as Expanded Solar For All (E-SFA), that delivers the benefits of clean energy to underserved New Yorkers. The awarded solar projects, which will generate over 13 megawatts (MWs) of clean energy, will be automatically fully subscribed with National Grid customers enrolled in its Energy Afford
Nokia on Thursday beat quarterly operating profit expectations and forecast higher 2023 sales as the Finnish telecom equipment maker said it had been able to gain market share, benefitting from 5G roll-out in countries such as India. "We are taking market share now," Chief Executive Pekka Lundmark told Reuters, adding the growth was broad-based and calling India "the highlight of this story". Nokia shares opened up 5.8% in Helsinki.
George Schwab perfected the art of never saying no to a guest at the luxury hotel chain
Topsoe, a global leader in carbon emission reduction technologies, and Steeper, a pioneer within biomass conversion technologies, have today signed a global licensing agreement for a complete waste-to-fuel solution. The agreement combines Topsoe's unique technologies in renewable fuels and hydrogen production as well as decades of experience in engineering, with Steeper's proprietary Hydrofaction® technology and industry know-how.
(Reuters) -U.S. airlines expect strong travel demand that drove record fourth-quarter revenues to continue into 2023, but economic uncertainty and burgeoning labor and operations costs could cloud their rosy outlooks. On Thursday, American Airlines, JetBlue Airways Corp and Alaska Air Group forecast better-than-expected full-year earnings. Airlines are cashing in as consumers snap up tickets following a pandemic-induced slump, making the industry a rare bright spot as markets grasp with runaway inflation, rising interest rates and economic uncertainty.