Tuesday, 15 Jul 2025

Business

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Netflix CEO says plans to open offices, pay tax in Italy

ROME (Reuters) – Netflix Inc (NFLX.O) plans to open offices and start paying tax in Italy, Reed Hastings, chief executive of the U.S. video streaming service said on Tuesday after launching a production partnership agreement with Mediaset (MS.MI). He said Netflix, which has just over 2 million subscribers in Italy, would invest some 200 million […]

Hong Kong Stock Market Retracts Offer to Buy London Exchange

TAIPEI, Taiwan — Hong Kong’s stock exchange will no longer proceed with its nearly $37 billion offer to buy its London competitor, it announced on Tuesday morning, in a setback for the exchange’s long-running effort to build a closer connection to European markets. The surprise bid was initially presented four weeks ago as a way […]

Amazon launches bigger local online store in Singapore

SINGAPORE (Reuters) – Amazon.com Inc (AMZN.O) has launched a bigger local store and marketplace in Singapore, expanding its product selection and intensifying competition with rivals such as Alibaba Group Holding Ltd’s (BABA.N) Lazada and Sea Ltd’s (SE.N) Shopee. The U.S. company launched local online shopping in the wealthy Southeast Asian city-state more than two years […]

Stocks tiptoe higher as U.S. jobs boost offsets weak European data, trade anxiety

LONDON (Reuters) – Stocks edged up globally on Monday as broadly positive U.S. jobs data from last week quelled some fears about an economic slowdown, but nervousness over U.S.-China trade talks persisted and more weak European economic data trickled in. European shares gained despite falling German industrial orders data, which underscored concerns about a looming […]

BlackRock names Mehta head of human resources: memo

NEW YORK (Reuters) – BlackRock Inc (BLK.N), the world’s largest asset manager has appointed Manish Mehta as global head of human resources effective immediately, according to a memo seen by Reuters on Monday. Mehta, previously the global head of ETFs and Index Investments (EII) Markets and Investments at BlackRock, replaces Rob Fairbairn who took over […]

From the Rooftops, Big Box Stores Are Embracing Solar

Target’s famous bull's-eye is so cosmically linked with the brand that it’s hard to imagine the retail behemoth ever messing with the logo’s red color. But over the past decade — under pressure from customers, shareholders and employees — Target’s retail future is morphing into a very different hue: eco-green. The Minneapolis retailer best-known for […]

Damien Flanagan: 'Smart Budget changes can make our R&D regime more relevant for SMEs'

The Budget represents an opportunity for the Government to reinforce its commitment to its Innovation 2020 strategy and to encourage more research in Irish SMEs. While tomorrow’s Budget will inevitably have issues such as Brexit and decarbonisation among its key themes, it is also an opportunity to reinvigorate research and development (R&D) activity via some […]

Virgin TV schedule changes a reaction to economic and audience realities, says Kiely

Virgin Media Television has had to make “difficult decisions” on its schedule in order to address economic realities and changing consumer demands, according to the company’s managing director Pat Kiely. The company announced recently that it was axing a number of programmes, such as ITV’s This Morning and Loose Women. Please log in or register […]