Netflix shares plunge as growth slowdown spooks investors
25 April 2021 | 3:53 pm
Shares in Netflix plunged by almost nine percent in after-hours trading on Wall Street on Tuesday, after the streaming giant announced a major slowdown in subscriber growth. Netflix added just four million new customers in the first three months of 2021, compared to 16 million in the same period last year. The company is hoping that new seasons of hit shows like "Sex Education" will help boost growth later this year. Also today, we hear how French employers are struggling to recruit seasonal workers for this summer.
20 Apr 2022
Netflix offers a one-time grant to five women producers and directors in the Arab world - from Tunisia, Lebanon and Morocco - to bring their fiction and non-fiction projects to life.
24 Apr 2022
We take a look at the many reasons why the global streaming giant Netflix lost some 200,000 users this past quarter and we find out what the site may do to get investors happy again. We also discuss the IMF's downgrading of global economic forecasts. Finally, takeaway delivery platform Deliveroo gets a big fine from a French court.
1 May 2022
Blood Sisters primarily tells the story of Sarah, a young woman who is set to marry a physically abusive man. Despite her best friend, Kemi’s objection, she goes ahead with the wedding, which leads to a series of unfortunate events. Guardian Life had a chat with the two leading ladies, Ini Dima-Okojie and Nancy Isime, who spilled the tea on what to know about the upcoming Netflix original series.
8 May 2022
After a sell-off on Wall Street, global investors are grappling with price increases and rising borrowing costs. Inflation is particularly brutal in Turkey, and the Greek government unveils a program to protect households from soaring energy prices.
22 May 2022
Streaming platforms, such as Amazon Prime and Disney+, will now have to contribute money to Swiss cinema. Voters also backed switching to an opt-out system to organ donations.
27 May 2022
With a smile that could make anyone swoon and bright blonde low-cut hair that captures the hearts of many, Nancy Isime provides an insight into what it was like to embody TV’s next favourite character, Kemi.
31 May 2022
No stranger to playing a role in a film that explores the theme of physical abuse, referencing her role in “Namaste Wahala”, Ini Dima-Okojie found Sarah to be a demanding character. To successfully portray Sarah, she recollects putting herself in physically abused victims’ shoes, which meant doing a lot of research and occasionally reaching out to women who have had the experience.
3 Aug 2022
With numerous checkpoints mounted by different government agencies – plus the uninhibited extortion by personnel of these agencies – it is no surprise that investors are shunning Nigerian seaports.
20 Sep 2022
The Gulf Arab countries didn't name the programs in question, but said they "contradict Islamic values." Saudi state TV has aired an interview describing Netflix as being as "official sponsor of homosexuality."
24 Sep 2022
US securities officials fined Boeing $200 million over the aviation giant's misleading assurances about the safety of the 737 MAX airplane following two deadly crashes, regulators announced Thursday.
2 Oct 2022
Netflix is launching its own video games studio in Helsinki.
8 Oct 2022
As Nigerians join the rest of the world to understand the essence of investment and how it can change their lives, Treegar, a financial technology company that enables Africans to invest and earn globally, promises to save the day by democratising investment opportunities. Book a copy with your favourite vendor tomorrow as Mojibade Sosanya speaks to Guardian Life magazine, an insert of Guardian Nigeria about what makes Treegar tick.
1 day ago
US Treasury Secretary Janet Yellen warned that inaction on the debt ceiling would "cause severe hardship." The previous estimate for a potential debt default was June 1.
1 day ago
On Sunday the incumbent President Erdogan faces his challenger Kemal Kilicdaroglu in the second round of the presidential election. Both candidates are still fighting for every vote.
1 day ago
Egyptians are furious: In a new Netflix documentary, Egyptian Queen Cleopatra is being played by Black British actress. They say this distorts Egypt's identity. But does a black Cleopatra really steal Egyptian history?
1 day ago
A helicopter crashed while inspecting power lines damaged by storms in the Italian province of Ravenna. Prime Minister Giorgia Meloni is set to leave the G7 summit in Japan earlier to lead the response to flooding.
1 day ago
Tens of thousands of people have taken to the streets of Belgrade for a third time to protest over violence. Protesters are calling for the resignation of the interior minister and the head of intelligence.
1 day ago
Second division leaders Darmstadt 98 secured their promotion back to Germany's top division, the Bundesliga, after a six-year absence. A 1-0 win over Magdeburg guarantees them either first or second in the 2. Bundesliga.