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...The migration to Europe comes as Ark has lost market share in the $8.9tn US ETF market over the past 12 months....
...The FT’s Inside Politics newsletter is joining forces with the Political Fix podcast for a special FT Live event answering FT subscribers’ questions ahead of the UK’s general election....
...The subscriber figure was a record high for the fourth quarter and blew past Wall Street expectations of 8.8mn, as viewers flocked to watch the finales of The Crown and Sex Education....
...The company’s operating income surged 54 per cent in the first quarter as it added 9.3mn subscribers worldwide, but shares fell after it said it planned to stop regularly disclosing subscriber numbers....
...The “the internet caused the bank run” narrative lacks material evidence and structural consistency with the actual dynamics of the bank runs....
...Entities controlled by Reliance, the Indian conglomerate run by billionaire Mukesh Ambani, will invest $1.4bn and take a 63 per cent stake in the new company, while Disney will hold 37 per cent....
...Diamond’s creditors, who collectively held $8.9bn debt, were, at the nadir, probably set to recover only a few nickels on the dollar....
...and Instagram subscribers than any other....
...MultiChoice had 21.6mn active subscribers on the continent at the end of September. The number in South Africa fell to 8.6mn, a 5 per cent drop on the same period a year before....
...Japan’s Topix climbed 0.1 per cent, with technology conglomerate Rakuten Group surging 15.8 per cent after better-than-expected third-quarter results were announced on Wednesday....
...Warner’s net debt stood at $43bn at the end of September, or 4.1 times its earnings before interest, tax, depreciation and amortisation, while Paramount had $14bn in net debt, or 6.1 times its ebitda, according...
...In particular, the company highlighted its Vodacom businesses in Africa, where service revenue rose 8.8 per cent, while its cloud and “internet of things” service grew over 20 per cent....
...Companies: Chinese internet giant Tencent and US semiconductor maker Micron Technology report results. Five more top stories 1....
...Shares in AMC Entertainment, the cinema chain, fell almost 8 per cent this week due in part to the impact of the strikes....
...This means a future of showing clips and interviews to a global audience over the internet, rather than — in the words of one executive — a show “constrained to a UK domestic audience”....
...Disney’s earnings of $1.22 per share were well ahead of Wall Street forecasts of 98 cents partly because of cost cuts. Operating income at its theme park business rose 8 per cent to $3.1bn....
...Netflix on Wednesday reported quarterly net income of $1.5bn, up 3 per cent from the same period a year ago....
...He is now launching Collectors Circle, which for $1,200 a year (or $2,000 for a pair of subscribers) gives deeper guidance on how to navigate some of the art market’s quirks and offers the promise of an...
...In a statement on Wednesday, Disney said it was prepared to pay $8.6bn by December 1 for the remaining stake, which would value Hulu at $27.5bn....
...Mango Magic (38 points) 8 (tied). Omaha (38 points) 8. Teamwifhat (36.5 points) 9. New York Community Drank (34.5 points) 9. The Long and Variable Dags (34.5 points) 11....
...It lost more than $1.6bn from its streaming businesses in the first nine months of 2023, during which its Disney+ service gained 8mn subscribers....
...Meanwhile, the UK has matched the US’s 1890 record, with 14.8 per cent of its population born overseas....
...Since 2020, Lebara has added more than 1.6mn customers, taking its total to 4mn....
...Internet giants Tencent and Alibaba rose 1.8 per cent and 2.5 per cent, respectively, while EV start-ups XPeng and Nio gained 7.1 per cent and 6.7 per cent, respectively....
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