Showing 1 - 10 of 21
Facebook shares collapse after TikTok steals user attention
Bloomberg News, Published on 03/02/2022
» Facebook’s user growth faltered in the latest quarter, the first stagnation in the social network’s history, part of dire earnings that caused Meta Platforms Inc’s stock to collapse 20% in pre-market trading on Thursday, wiping about $200 billion from its market value.
Tencent shares dive after Chinese media brand online games ‘spiritual opium’
Bloomberg News, Published on 03/08/2021
» Tencent Holdings Ltd dived as much as 11% Tuesday after an offshoot of China’s official news agency decried the “spiritual opium” and “electronic drugs” of games, stoking fears Beijing will next set its sights on online entertainment.
Gojek to merge with Tokopedia to create Indonesia tech giant
Bloomberg News, Published on 17/05/2021
» Indonesia’s ride-hailing and payments giant Gojek agreed to combine with e-commerce pioneer PT Tokopedia to create the largest internet company in the world’s fourth most-populous nation.
Govt to consider fresh stimulus measures to revive economy
Bloomberg News, Published on 30/09/2020
» The government is considering offering tax incentives to its middle and upper income groups to bolster consumption as part of new measures to revive an economy reeling under the impact of the coronavirus pandemic.
Bharti Airtel to absorb 40m users from Tata
Business, Bloomberg News, Published on 14/10/2017
» MUMBAI: Shares of Bharti Airtel Ltd surged the most since in five months on Friday after it announced that it had agreed to absorb Tata Group's mobile-phone business in the latest among mergers shaking up one of the world's most crowded wireless markets.
Gold expected to rise with Fed 'gentle' on rates
Bloomberg News, Published on 05/06/2017
» SINGAPORE -- Gold may extend gains after climbing to the highest level in six weeks following disappointing monthly reports on US employment and wages, according to two analysts attending a conference in Singapore this week.
African beauty under L'Oreal's microscope
Business, Bloomberg News, Published on 13/03/2017
» L'Oreal SA is trying to find out what African women want, and then make money from it.
Netflix soars, Esquires goes dark as TV viewers move online
Bloomberg News, Published on 19/01/2017
» LOS ANGELES - The future of television just got a little clearer.
McDonald's sells control of China business
Business, Bloomberg News, Published on 10/01/2017
» Hong Kong/Beijing: McDonald's Corp agreed to sell a controlling stake in its China and Hong Kong operations to a group of investors for about $1.7 billion, a key component of the fast-food giant's reorganisation in a market where it's struggling to catch up with more nimble rivals.
Bonds bloodied as Trump spending plans spur dollar
Bloomberg News, Published on 14/11/2016
» Routs in global bonds and emerging markets intensified, while the dollar climbed with base metals as investors positioned for the wave of fiscal stimulus that Donald Trump has pledged to unleash.