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Comcast beats revenue expectations as broadband growth overshadows pandemic hit

(Reuters) – Comcast Corp (CMCSA.O) on Thursday reported second-quarter revenue that beat expectations, as strong sign-ups for broadband offset weaker advertising sales at [...]

Twitter misses quarterly ad sales estimates while usage surges

SAN FRANCISCO (Reuters) – Twitter Inc (TWTR.N) missed Wall Street’s lowered expectations for quarterly revenue on Thursday despite surging usage, as the coronavirus-spurred [...]

Daimler to stop building sedans in the U.S. after second-quarter loss

FRANKFURT (Reuters) – Daimler (DAIGn.DE) will stop building Mercedes-Benz sedans in the United States and Mexico as it seeks deeper cuts after posting [...]

Daimler's second-quarter EBIT hit by coronavirus, restructuring costs

FRANKFURT (Reuters) – Daimler (DAIGn.DE) said on Thursday it will stop building Mercedes-Benz sedans in the United States and Mexico as part of [...]

Netflix names content chief Ted Sarandos co-CEO, forecasts weaker growth

(Reuters) – Netflix Inc (NFLX.O) on Thursday elevated its content chief Ted Sarandos to co-CEO, making the 20-year veteran of the pioneering streaming [...]

Polish presidential election too close to call, incumbent marginally ahead

WARSAW (Reuters) – Incumbent Andrzej Duda was marginally ahead in Poland’s presidential election on Sunday, an exit poll found, in a result seen [...]

Brazilian drugstore chain Pague Menos files for $224 million IPO

SAO PAULO (Reuters) – Brazilian drugstore chain Empreendimentos Pague Menos SA has filed for an initial public offering on the Sao Paulo-based stock [...]