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Netflix’s top draws: ‘Murder Mystery,’ ‘Stranger Things’

Bloomberg Netflix Inc, touting the success of its original programming, said the most popular releases on its streaming service this year were things it produced: the comedy movie “Murder Mystery” and the third season of its 1980s sci-fi show “Stranger Things.” The company disclosed lists of its top 10 programmes in 33 countries, offering the most expansive report to date ...

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NIO soars as loss shrinks, but cash concerns linger

Bloomberg NIO Inc surged in US trading after the Chinese electric-car maker paired better-than-expected quarterly results with a warning that it’s still running low on cash. NIO’s adjusted net loss was $342.9 million for the quarter ended in September, a smaller deficit than the prior three months and what analysts were estimating. While the Shanghai-based company doesn’t have enough money ...

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Tencent buys 10% stake in Universal

Bloomberg A consortium led by China’s Tencent Holdings Ltd agreed to buy 10% of the world’s biggest music company, Universal Music Group, from Vivendi SA, after months of talks. The deal values Universal Music at 30 billion euros ($33.6 billion) and allows Tencent and its partners to increase the stake to as much as 20% for the same price before ...

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