Lenovo Is Close To Being Axed From Stock Exchange
Consumer electronics company Lenovo is close to being booted from Hong Kong stock market index, the Hang Seng Index. Its shares have... Read More
Netflix Gains 7.4 Million Subscribers in 3 Months
Streaming giant Netflix has gained 7.4 million subscribers globally in 3 months due to an influx of original content. Reuters reports the new... Read More
Samsung Expecting Strong Q1 Results
Samsung Electronics is expecting to continue its strong profit run with the company estimating an operating profit of US$14.7bn (15.6 trillion won)... Read More
LG Looking Good
South Korea’s LG Electronics expects Q1 operating profit to rise 20 percent from a year ago to its highest in nine years,... Read More
Sony Gaining US$1bn From Spotify Stake
Sony will be receiving up to US$1bn from its stake in Spotify, the owner of the European streaming service. On Wednesday, Sony... Read More
MYOB Bid For Reckon Doomed?
Accounting software house MYOB’s proposal to acquire rival Reckon for $180 million appears likely to fail, according to Australian analysts at investment... Read More
Dropbox Shares Skyrocket
Dropbox shares closed at US$28.42, up more than 35 percent, in their first day of trading last week, as investors rushed to... Read More
Zuckerberg Responds To Data Scandal, Admits Mistake
After days of silence Facebook CEO Mark Zuckerberg has taken responsibility for the Cambridge Analytica data scandal and has outlined the steps... Read More
Amazon Worth More Than Alphabet, Second Most Valuable NYSE Company
Amazon is now worth more than Google’s parent company, Alphabet making it the second most valuable company on the NYSE with the... Read More
Christmas Retail Sales Forecast Hits $50bn Prediction
Roy Morgan’s Christmas retail sales forecast of $50.073bn was spot on coming in within 0.1 per cent of the actual result of $50.019bn.... Read More