Technology

Netflix Inc. (NASDAQ:NFLX) shares flying high in the after-hour trading following strong subscriber growth in the third quarter

Netflix Inc. (NASDAQ:NFLX) announced strong subscriber growth in the third quarter as original shows lured new international viewers and helped the company to retain its U.S. customers in spite of a price increase. The company added roughly 3.20 million subscribers globally in the latest quarter, well above 2.01 million estimated by analysts. In the U.S, …

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Markets

China overtakes United States in crude imports

China surpassed United States as the world’s biggest buyer of foreign oil by importing record volumes of crude in September amid lower crude oil prices. The country’s crude imports jumped 18 percent to 33.06 million tonnes (8.04 million bpd on average) as compared to the same month last year, according to customs data. Comparatively, United …

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