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Showing posts with the label price

Netflix's password-sharing crackdown reels in subscribers as it raises prices

Netflix has disclosed summertime subscriber gains that surpassed analysts’ projections, signaling the video streaming service’s crackdown on password sharing is converting former freeloaders into paying customers SAN FRANCISCO -- Netflix on Wednesday disclosed summertime subscriber gains that surpassed industry analysts’ projections, signaling the video streaming service’s crackdown on password sharing is converting former freeloaders into paying customers. In an effort to bring in even more revenue, Netflix also announced it's raising the price for its most expensive streaming service by $2 to $23 per month in the U.S. — a 10% increase — and its lowest-priced, ad-free streaming plan to $12 — another $2 bump. The $15.50 per month price for Netflix's most popular streaming option in the U.S. will remain unchanged, as will a $7 monthly plan that includes intermittent commercials. It also raised its prices for subscribers in the U.K. and France. The company added nearly 8.8 m...

Oil prices spike as Saudi Arabia, Russia extend 1.3 million barrel a day oil cut through December

Saudi Arabia and Russia have agreed to extend their voluntary oil production cuts through the end of the year DUBAI, United Arab Emirates -- DUBAI, United Arab Emirates (AP) — Saudi Arabia and Russia agreed Tuesday to extend their voluntary oil production cuts through the end of this year, trimming 1.3 million barrels of crude out of the global market and boosting energy prices. The dual announcements from Riyadh and Moscow pushed benchmark Brent crude above $90 a barrel in trading Tuesday afternoon, a price unseen in the market since November. The countries' moves could increase i NFL ation and the cost for motorists at gasoline pumps. It also puts new pressure on Saudi Arabia's relationship with the United States, as President Joe Biden last year warned the kingdom there would be unspecified “consequences” for partnering with Russia on cuts as Moscow wages war on Ukraine. Saudi Arabia's announcement, carried by the state-run Saudi Press Agency, said the country still ...

World’s rarest piece of gold is so valuable experts are ‘scared to reveal true price’ due to security concerns

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THE RAREST piece of gold in the world has been analysed by scientists and they will no longer reveal its price. Known as the Ram’s Horn, scientists have been reluctant to conduct tests on the precious wire gold artefact until now. This is the rarest piece of gold in the world The Ram’s Horn was found in 1887 in a goldmine in Colorado. It is roughly 4.7 inches tall, weighs roughly half a pound and is so delicate that it has naturally split into three tendrils. At the time of its discovery, the gold horn was valued at around £125 by weight—or about £3,550 in today’s currency. However, experts will no longer speculate on its current value due to security concerns . The artefact was found at a goldmine in Colorado John Rakovan, a mineralogist at Miami University, could only tell National Geographic that the object was worth “a very pretty penny.” -ADVERTISEMENT- Scientists from the Los Alamos National Laboratory recently used a half-mile-lon...