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By in Business on February 4, 2017
BUSINESS • Analysis
'Angry Birds' maker Rovio pummeled after profit warning
February 22, 2018
The warning wiped more than a third off the Finnish firm's stock price amid deepening doubts about its valuation.
'Huge changes' at Qantas are set to boost its international earnings, says its CEO
February 22, 2018
Qantas is planning 'huge changes' for its international business next year, which is expected to spur its earnings, its CEO said.

Business Brief
Bank of England’s chief economist takes a hawkish tone over potential raising of interest rates
February 21, 2018
BoE Governor Mark Carney, appearing alongside chief economist Andrew Haldane, said there was no need to give a direct commitment on rates
Federal Reserve shows rising confidence in inflation, economic outlook
February 21, 2018
The more upbeat take on inflation in the minutes of the Jan. 30-31 meeting will likely further cement expectations that new Fed chief Jerome Powell will lead his colleagues in raising interest rates next month
Broadcom trims Qualcomm offer to $117-billion after new NXP deal
February 21, 2018
The move came after Broadcom called the new NXP deal a transfer of value from Qualcomm to NXP shareholders
GM proposes $2.8-billion, 10-year investment in South Korea
February 21, 2018
Investment would be on top of over $2.2-billion debt-for-equity swap
Euro zone business growth loses momentum in February but remains strong
February 21, 2018
Higher prices and a stronger currency take a toll
Business Trends
Snap responds to the 1.2 million petition signers who hate the redesign
February 21, 2018

Snap has officially responded to a hugely popular petition calling for the company to walk back the recent redesign of Snapchat. In a message signed by the Snapchat team and posted as a reply to the petition, the company says it’s heard the feedback loud and clear and that it acknowledges how the “new Snapchat has felt uncomfortable for many.” The petition was signed by more than 1.2 million people, a milestone that perhaps prompted Snap leadership to draft a response.

However, Snap essentially goes on in its reply to say tough luck, echoing comments made by CEO Evan Spiegel last week. The company tries to reassure users that the new Snapchat will adapt to them over time, and it also teased a new feature coming soon for iOS...

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