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19 Apr

Brazil's Vale reports decrease in Q1 iron ore output

SAO PAULO (Reuters) -Brazilian miner Vale SA first-quarter iron ore production fell 6.0% from the previous year, hit by heavy rainfall in January in Minas Gerais state which curbed its main production.

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19 Apr

Brazil's Vale reports iron ore output of 63.9 million tonnes in Q1

Brazilian miner Vale SA on Tuesday reported first-quarter iron ore production of 63.9 million tonnes, down 6.0% from the same period of 2021. Nickel production for the quarter fell 5.4% to 45.8 thousand tonnes, Vale said.

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19 Apr

Netflix subscribers fall for first time in a decade, shares plunge 23%

(Reuters) -Global streaming giant Netflix Inc on Tuesday reported losing subscribers for the first time in more than a decade and predicted more contraction in the second quarter, a rare miss for a company that has been a reliable growth engine for investors.

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19 Apr

Netflix subscribers fall for first time in a decade, shares plunge 26%

(Reuters) -Netflix Inc said inflation, the war in Ukraine and fierce competition contributed to a loss of subscribers for the first time in more than a decade and predicted more contraction ahead, marking an abrupt shift in fortune for a streaming company that thrived during the pandemic.

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19 Apr

Siemens Energy reviews outlook as troubles at wind division deepen

Siemens Energy on Tuesday said it was reviewing its full-year outlook after wind turbine division Siemens Gamesa unveiled another quarterly loss.

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19 Apr

Fed's Evans: comfortable with two 50 bps point increases

Chicago Federal Reserve Bank President Charles Evans said Tuesday that he's "comfortable" with a round of rate hikes this year that includes two 50 basis-point increases and reaches a neutral setting by year end, but he does not see the need for bigger hikes.

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19 Apr

Netflix subscribers fall for first time in a decade, shares plunge 24%

(Reuters) -Global streaming giant Netflix Inc on Tuesday reported losing subscribers for the first time in more than a decade and predicted more contraction in the second quarter, a rare miss for a company that has been a reliable growth engine for investors.

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