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American Airlines lowers 2018 profit prospects for higher fuel costs

American Airlines reported lower earnings for the second quarter and lowered its earnings outlook for 2018 after fuel costs increased in what the carrier's CEO Doug Parker called his "most challenging quarter" since merging with US Airways five years ago. [19659002] div> div.group> p: first child "/> US, the world's largest airline with traffic, and its competitors have struggled with …

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Broadband growth, world cup gain increases Comcast's Q2 revenue – variation

High-speed data customers and advertising growth driven by Telemundo's World Cup broadcasts helped boost Comcast's second quarter's earnings growth. The NBCU universe film unit had a downward quarter with the year's transition, as opposed to difficult comparable to the campaign campaign's success last year of "Furan's Destiny" and home entertainment revenues delivered during the quarter "Get Out", "Fifty Shades Darker", …

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Spotify hits subscriber targets in race with Apple Music | News

Thursday 26 July 2018 07:25 EDT LONDON (Reuters) – Music-streaming leader Spotifys paid subscribers increased by 10 percent in the second quarter, said on Thursday because it is continuing to increase competition from Apple Music especially on the US market. Monthly-paying subscribers, which account for most of Spotify's revenues, increased to 83 million at the end of June from 75 …

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Sky results show why Comcast and Disney want to buy it

Disney and Comcast have 500,000 new reasons to keep fighting over Sky. The European Broadcaster added half a million new direct subscribers in the year ended June 30. Sales increased 5% two £ 13.6 billion ($ 18 billion). Comcast ( CMCSA ) became the top bidder for Sky ( SKYAY ) earlier this month with an offer that valued the …

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Amazon Performance Preview Q2 2018

Amazon is expected to show higher profits when reporting earnings for the second quarter on Thursday, following the continued growth of its companies with higher margins, such as clouds, advertising and third party marketplaces.

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Germany's DAX jumps 1.5% after the EU-US. trade truce, leading European stocks higher

The German stocks jumped most six weeks Thursday, leading European stock markets higher, with shares in auto manufacturers who found relief after the EU's highest official entered into a trade agreement with US President Donald Trump. The win was made before the European Central Bank released its latest monetary policy decision after political decision-makers said they would lose asset purchases …

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Daimler profits fall as fees, fees bit

Daimler AG (DAI.XE) on Thursday reported a steep decline in net profit after the tariffs in the US trade dispute with China beat Mercedes-Benz Cars and the company booked a large fee in Germany. "The second quarter contained various external factors that had a significant impact on our results," says Treasury chief executive Bodo Uebber. Net profit fell to 1.73 …

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Upbeat Roche Best Rival Novartis As New Drug Growth For Drugs

ZURICH (Reuters), Swiss Drugsmaker Roche (19459003) ROG.S ) on Thursday, Crosstown rival Novartis ( NOVN.S ) launches its 2018 sales outlook, using new drugs in a year when many feared patents and cheaper copies would generate risky growth. PHOTO PHOTO: The logo of the Swiss drug machine Roche is at its headquarters in Basel, Switzerland on February 1, 2018. REUTERS …

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Australia's nine TV to buy Fairfax publisher for $ 3 billion: NPR

The Fairfax Media logo is seen on the outside of its offices on Thursday in Melbourne, Australia. Scott Barbour / Getty Images hide caption change caption Scott Barbour / Getty Images The Fairfax Media logo is seen on the outside of its offices on Thursday in Melbourne, Australia. Scott Barbour / Getty Images Australia's Fairfax Media, publisher of Sydney Morning …

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Qualcomm to Scrap NXP Deal as time passes through trade tensions

Qualcomm Inc. is committing to scrapping its $ 44 billion bid for rival chip maker NXP Semiconductors NV after China did not approve of the industry's largest deal before a deadline. The deal may be the highest-profile victim than trade spat between China and the United States, with all other jurisdictions in the world to clear the bid a few …

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