Disney boss says 40 pc ad revenue went to streaming sites, no plans of ad supported Disney+
Walt Disney CEO Bob Chapel says the company’s advertising revenue for the upcoming fall television season was strong and went up by “double-digits” compared to 2019.
Global stocks rise as investors ignore inflations indicators
Global stocks rose to an all-time high, with investor showing confidence in a strong economic recovery from coronavirus and the vaccine effect, but the market is still a bit cautio
Credit Suisse loses $5.4 billion in Archegos Capital collapse
Archegos is a family investment firm run by fund manager Bill Hwang, who borrowed billions of dollars from nine global banks to speculate on stocks. The implosion of the fund cause
Credit Suisse withdraws $10 billion from Greensill
Greensill Capital, a provider of supply-chain financing, is facing further trouble with Credit Suisse, the Swiss bank, withdrawing $10bn of its funds linked with the company to ret
Banking Industry Leaders Face Tough Choices
The earnings season in Europe starts this week, and the banking industry executives are sure to come under fire from shareholders, boards and regulatory authorities. The European b
Post-COVID Credit Suisse: Jobs may go missing in next few years
Credit Suisse Group AG expects fewer staff in post-COVID adjustment as it faces the prospect of slower growth and imminent credit defaults. Online banking is becoming more i
Capital One Acquires GE Healthcare Financial Business For About $9 Bn
Capital One Financial Corp. agreed to acquire the health care lending business of General Electric Capital Corp. for about $9 billion, marking a new direction by the firm best know
San Francisco-based Sunrun Inc. Files for an Initial Public Offering
Sunrun Inc. – a San Francisco-based US solar energy company that provides solar energy to homeowners filled for an initial public offering of its common stock on Thursday. The de
Credit Suisse Reshuffles Top Management at its Investment Banking Division
Zürich, Switzerland-based multinational financial services holding company, Credit Suisse Group on Friday announced that it has commenced reshuffling top management of its investm
