American streaming service Netflix has seen a massive loss of $40 billion in market capitalization after the company reported its first customer decline in more than a decade. The company said the number of subscribers in its first quarter dropped by 200,000, falling well short of its forecast of adding 2.5 million subscribers. The suspension…
China’s National Bureau of Statistics said the country’s coking coal imports from Russia soared to 1.4 million tons in March, compared to 590,000 tons for the same month last year and 1.1 million tons in February. Overall, the nation more than doubled purchases of Russian steel-making coal, procuring the fuel at a discount.