About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

About this content About William Farrington William kickstarted his career as a researcher and reporter for a global legal publication, covering everything from public law to M&A. Before moving to Proactive Investors, he worked as a reporter for a major fintech company with a focus on cryptocurrency and blockchain technology. Harking from Queensland, Australia, William obtained first-class honours in journalism and media from Birkbeck University before going on to complete an MA in creative and critical ...

General Motors Company (NYSE:GM)-owned Cruise has admitted errors were made following an incident last year of a pedestrian being dragged by one of its robotaxis after being thrown into its path. Cruise said on Thursday that it “failed to live up to the justifiable expectations of regulators” in the wake of the October 2 incident, which ultimately saw the autonomous taxi firm lose its licence to operate in California after being granted it in August. “We also fell woefully short of our own expectations,” a ...

Google owner Alphabet was set for a steady start when dealings get underway after shares in the search engine giant hit a new record high overnight. Valued now at US$1.91 trillion, shares in the group were tipped to ease slightly in first dealings after closing overnight at US$153.65. Alphabet is not the only one of the “Magnificent Seven” tech stocks to be sitting at or close to all-time highs as investors have poured money into the sector since the start of  2024 on hopes that AI-based innovation will dri ...

About this content About William Farrington William kickstarted his career as a researcher and reporter for a global legal publication, covering everything from public law to M&A. Before moving to Proactive Investors, he worked as a reporter for a major fintech company with a focus on cryptocurrency and blockchain technology. Harking from Queensland, Australia, William obtained first-class honours in journalism and media from Birkbeck University before going on to complete an MA in creative and critical ...

About this content About Jeremy Cutler Jeremy has worked extensively in the world of financial journalism as a reporter at ICV News, deputy editor at S&P Marketscope and as a senior reporter for Thomson Financial’s Marketeye.  A qualified accountant, former finance director and with a degree in Economics, Jeremy is well placed to analyse and explain the ups and downs of UK, European and US stockmarkets in Proactive’s daily market report Read more About the publisher Proactive financial news and online br ...

Visa Inc (NYSE:V) has cited “resilient consumer spending” as aiding an increase in revenue and net income over the first quarter. Reporting on Thursday, the card payment services giant said revenue had climbed 9% to US$8.6 billion during the three months to December compared to a year earlier. Net income increased by 17% to US$4.9 billion meanwhile, with earnings per share jumping by a fifth to US$2.39. “Consumer spending remained resilient,” chief executive Ryan McInerney commented, in spite of pressures o ...

Apple Inc (NASDAQ:AAPL, ETR:APC) will allow rival app stores on its iPhones for users living in the European Union starting this March. It marks a shift from Apple's long-standing policy of exclusively hosting apps through its own App Store, a practice that has previously drawn criticism and accusations of monopolistic behaviour. Some developers claimed to be charged up to 30% commission for in-store sales. While it will not apply to Brits, Parliament is aiming to pass the Digital Markets Bill, which looks ...

Mounjaro, Eli Lilly's (NYSE:LLY) rival weightloss drug to Wegovy and Ozempic, is to be made available in the UK after receiving the regulatory green light. The UK Medicines and Healthcare products Regulatory Agency (MHRA) approved a four-dose version of Mounjaro KwikPen to treat adults with type 2 diabetes and for weight management in obese and heavily overweight adults who also have weight-related health problems such as prediabetes, high blood pressure, high cholesterol, or heart problems. The medicine is ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...