Irobiko Chimezie

Twitter records 14 percent increase in Q3

U.S. social media company Twitter Inc. Thursday said it saw a revenue of $936 million in the third quarter of 2020, up 14 percent year on year. Its net income was $28.66 million in July-September, or 0.04 cents per share, compared with a net income of $37 million, or 0.05 cents per share in the … Continue reading Twitter records 14 percent increase in Q3

Brexit: Burberry shares record huge decline

Business analysts said earlier today that Burberry, the famous British luxury goods designer, was expected to benefit from Brexit and a fast crashing sterling but the forecast came out wrong as the company's shares performed contrary to an expected £125m profits. Burberry's shares dropped 6.9 per cent at the open, according to a report from CityAM. The … Continue reading Brexit: Burberry shares record huge decline