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2.6bn

Universal generated $2.6bn in Q1, as subscription streaming revenues jumped over 10% YoY –…

Kemal Pasha Apr 27, 2023

Universal Music Group published its Q1 2023 financial results on Wednesday (April 26), for the three months to end of March.The headline figure from the results: The company generated Q1 revenues of EUR €2.451 billion (USD $2.62bn) across…

Business

Surge in nickel prices threatened to blow $2.6bn hole in key LME entity

Kemal Pasha Dec 1, 2022

A surge in nickel prices in March threatened to topple a London Metal Exchange entity designed to keep troubles in a single market from infecting the financial system, according to the fullest accounting to date of a crisis that has…