Netflix shares rallied Wednesday after its latest quarterly update showed robust subscriber growth and better-than-expected profits ahead of a major escalation in the streaming television war. Netflix reported a net income of $665 million in the recently ended quarter, jumping up from $403 million in the same period last yearContinue Reading

Berlin will publish Thursday updated growth forecasts for Germany that are likely to reveal a still weaker outlook than before, but it remains hesitant to stimulate its own and partnereconomies. In the economy ministry’s predictions for growth in the gross domestic product, presented around 2:00 pm (1200 GMT), observers areContinue Reading

British and EU negotiators worked late into the night into Thursday in the hopes of presenting a last-minute Brexit deal to leaders meeting for a crunch European summit. Both sides said they were close to finding a basis for a treaty to ensure Britain heads for a managed withdrawal fromContinue Reading

The International Security Council affirmed that the Turkish offensive on the Syrian territories undermines the security and stability of the region and leads to increasing the suffering of civilians and the displacement of large numbers of them, in addition to hindering the delivery of humanitarian aid. Representatives of the Council’sContinue Reading

Moscow’s Basmanny District Court has placed under house arrest Alexander Mylnikov, who is charged with using violence against a Russian Guard officer, an Interfax correspondent reported from the courthouse on Wednesday. “The investigators’ motion is granted, Mylnikov is to be placed under house arrest until December 14, 2019,” Mylnikov isContinue Reading