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Netflix to roll out cheaper mobile-only plan in India

4 days ago DieselGasoil Comments Off on Netflix to roll out cheaper mobile-only plan in India
(Reuters) – Netflix Inc (NFLX.O) said on Wednesday it would roll out a lower-priced mobile-only plan in India, tapping into a price-sensitive market where data consumption on smartphones is surging. FILE PHOTO: The Netflix logo is pictured on a television in this illustration photograph taken in Encinitas, California, U.S., January 18, 2017. REUTERS/Mike Blake The Read More

Netflix shares plunge as global growth falls short, U.S. customers shrink

4 days ago DieselGasoil Comments Off on Netflix shares plunge as global growth falls short, U.S. customers shrink
(Reuters) – Netflix Inc (NFLX.O) said on Wednesday it lost U.S. streaming customers for the first time in eight years and missed targets for new subscribers overseas, an announcement that jarred investors ahead of looming competition. FILE PHOTO: The Netflix logo is seen on their office in Hollywood, Los Angeles, California, U.S. July 16, 2018. Read More

Big banks beat profit expectations but warning signs grow

5 days ago DieselGasoil Comments Off on Big banks beat profit expectations but warning signs grow
(Reuters) – Three big U.S. banks reported strong earnings on Tuesday, even as warning signs emerged that the playing field is beginning to tilt against the financial industry. FILE PHOTOS: Signs of JP Morgan Chase Bank, Citibank and Wells Fargo & Co. bank are seen in this combination photo from Reuters files. REUTERS/File Photos While Read More

Wall Street finds blockchain hard to tame after early euphoria

5 days ago DieselGasoil Comments Off on Wall Street finds blockchain hard to tame after early euphoria
NEW YORK (Reuters) – Two years ago Nasdaq Inc (NDAQ.O) and Citigroup Inc (C.N) announced a new blockchain system they said would make payments of private securities transactions more efficient. Nasdaq Chief Executive Adena Friedman called it “a milestone in the global financial sector.” A Wall St. street sign is seen near the New York Read More

AFC invests $100 million in Aker Energy’s DWTCTP, offshore Ghana

6 days ago DieselGasoil Comments Off on AFC invests $100 million in Aker Energy’s DWTCTP, offshore Ghana
7/16/2019 ACCRA — Africa Finance Corporation (AFC), an infrastructure solutions provider in Africa, announces today it has financed Aker Energy A.S., a subsidiary of Aker ASA. AFC’s support is through investing in $100 million of convertible bond notes with an intention to participate in follow on fund raising activities. The funds will be used by Read More

Balyasny gains in first half after losses prompted reorganization in 2018

6 days ago DieselGasoil Comments Off on Balyasny gains in first half after losses prompted reorganization in 2018
BOSTON (Reuters) – Balyasny Asset Management, a Chicago-based hedge fund that shed $4 billion in assets last year and cut 20% of its staff, was back in positive territory for the first half of this year, suggesting its massive overhaul might be paying off, analysts said. FILE PHOTO: Dmitry Balyasny, Managing Partner and Chief Investment Read More

ADM Energy appoints new CEO

6 days ago DieselGasoil Comments Off on ADM Energy appoints new CEO
7/15/2019 LONDON — ADM Energy, an oil and gas investing company quoted on AIM, has announced the appointment of Osamede Okhomina as Chief Executive Officer with immediate effect. Osamede Okhomina, CEO, ADM Energy. The appointment further strengthens the executive team and Board for the next phase of the Company’s development and follows the non-Board appointment Read More