Spotify shares fall 14% on revenue miss and weak guidance
Spotify released second-quarter results that missed analysts’ estimates for revenue and offered weaker-than-expected guidance.
World
China removes Qin Gang as foreign minister after one-month absence
China has appointed top diplomat Wang Yi to succeed Qin Gang as foreign minister, after…
RTX tumbles after disclosing jet engine problem will require accelerated inspections
RTX said some 200 engines will have to be removed from airline fleets for accelerated…
What’s next for Israel after Netanyahu’s judicial overhaul bill?
The new law limiting the powers of the judiciary is not irreversible, but the path…
IMF raises global growth forecast despite China’s recovery ‘losing steam’
The International Monetary Fund on Tuesday raised its growth forecast for the global economy, turning…
IMF raises global growth forecast despite China’s recovery ‘losing steam’
The International Monetary Fund on Tuesday raised its growth forecast for the global economy, turning…
General Motors raises full-year guidance, announces deeper cost-cutting
GM’s earnings included an unexpected $792 million charge for new commercial agreements between GM and…
General Motors raises full-year guidance, announces deeper cost-cutting
GM’s earnings included an unexpected $792 million charge for new commercial agreements between GM and…
Extreme summer heat in the U.S. and Europe ‘virtually impossible’ without climate change
Scientists say the extreme heat sweeping across the globe reaffirms the urgency of cutting greenhouse…
General Motors raises full-year guidance, announces deeper cost-cutting
GM’s earnings included an unexpected $792 million charge for new commercial agreements between GM and…
Wildfire closes Sicily airport; storms kill two in northern Italy
Car and train traffic also disrupted due to fire near Palermo’s airport as trees fall…
Southern Turkey rocked by magnitude 5.5 earthquake
The earthquake comes five months after a magnitude 7.8 quake devastated parts of Turkey and…
Three Palestinians killed by Israeli forces in occupied West Bank
The occupied West Bank is currently experiencing a period of increasing violence, marked by repeated…
JPMorgan ignored Epstein’s ‘nymphettes,’ US Virgin Islands says
JPMorgan says US Virgin Islands was also to blame for allowing Epstein’s sexual abuse of…
What new norm of slower Chinese growth could mean for the global economy
The Chinese economy could be facing a period of lower growth, which may have global…
Philippines mulls unlicensed nurses as low pay fuels brain drain
Exodus of nurses due to poor working conditions has prompted Manila to propose hiring unlicensed…
China vows to ‘adjust and optimize’ property policy in ‘tortuous’ economic recovery
Observers noted that the Politburo dropped the phrase “housing is for living in, not speculation”…
China vows to ‘adjust and optimize’ property policy in ‘tortuous’ economic recovery
Observers noted that the Politburo dropped the phrase “housing is for living in, not speculation”…
TikTok takes on Spotify, Apple Music as it expands into music streaming
TikTok launched its music streaming service in Indonesia and Brazil — its second and third-largest markets — and…
Spain’s election ends with no clear majority, throwing the country into political limbo
Ahead of the vote, there was speculation that the far right could return to power…
