Spotify signs new deal with Vivendi's UMG

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Source: Dukascopy Bank SA
Spotify Technology signed a multi-year licensing contract with Universal Music Group, the label backing such artists as Coldplay and Taylor Swift.
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Thu, 23 Jul 2020 04:29:52 GMT

NOS net profit drops 61%

Portugal's telecoms company NOS reported that net profit slumped 61% to €35M in the first half due to losses from cinemas, subscription and roaming services.

Wed, 22 Jul 2020 20:42:04 GMT

Swiss Re expects $1.1B first half loss

Reinsurance firm Swiss Re announced its expectations that claims and reserves of $2.5B related to COVID-19 to lead to nearly $1.1B net loss in the first half.

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