NEW DELHI, April 17 Reuters Tesla chief Elon Musk is set to announce an investment in India of 23 billion, mainly for building a new factory, when he visits New Delhi next week to meet Prime Minister Narendra Modi, two sources familiar with the discussions said. Musk will meet Modi on Monday during his India trip, when […]

April 17 Reuters Netflix39;s plan to maintain subscriber growth after two quarters of blockbuster increases will be in focus when it reports earnings on Thursday, with some analysts warning that gains from a crackdown on password sharing are set to ease. The streaming pioneer saw its strongest growth since the pandemic in the second half of […]

SAO PAULO, April 17 Reuters Latin American ecommerce giant MercadoLibre plans to increase total staff by 30 in 2024 by hiring some 18,000 people as it seeks to build its business in Mexico and elsewhere, it said on Wednesday. The company said in a statement the hiring spree will bring its total headcount to around 76,000 […]

Q1 new bookings 3.6 bln euros vs forecast 5.4 bln euros Company keeps fullyear financial forecasts, sees strong 2025 Strong Chinese sales support earnings; shares fall. AMSTERDAM, April 17 Reuters ASML, the largest supplier of equipment to computer chip makers, reported weaker than expected firstquarter new bookings on Wednesday, although sales to China held up […]

BRUSSELS, April 17 Reuters The EU privacy watchdog is set to issue an opinion saying Meta Platforms can39;t charge users a fee to ensure their privacy, a person with direct knowledge of the matter said on Wednesday. Meta39;s noads subscription service launched in Europe in November, which requires users to pay a fee to ensure their […]

MEXICO CITY, Reuters Mexico39;s Grupo Financiero Banorte reported on Tuesday a 9 hike in firstquarter net profit from the yearago period, citing growth in its loan book. Net profit for the quarter hit 14.21 billion pesos 859.48 million, as its active loan book topped 1 trillion pesos for the thirdconsecutive quarter. Net interest income, the difference […]

STOCKHOLM, April 17 Reuters Swedish truck maker AB Volvo reported on Wednesday a smaller drop than expected in firstquarter adjusted operating profit and said demand in the quarter had continued to normalise. Adjusted operating profit was 18.2 billion crowns 1.66 billion against a yearearlier 18.6 billion and a mean forecast in an LSEG poll of analysts […]

April 17 Reuters Entain posted firstquarter online gaming revenue ahead of expectation on Wednesday, helped by an increase in customers even as the British gambling group grappled with stiff competition and regulatory pressures in its main markets. Gambling companies have repeatedly flagged regulatory pressures, with Entain expecting its annual profit to take a hit from some […]