Spotify ‘moving too slowly’ on advertising, says chief
Streaming group swings to net loss in second quarter, sending shares down 11%
Streaming group swings to net loss in second quarter, sending shares down 11%

Market is watching closely for subscribers’ response to increased charges

Price increases and cost-cutting led to streamer’s first annual profit last year

Increase will come as music-streaming company aims for continued profitability

Biggest music streaming site adds record 38mn users in December quarter

The business of selling music has always been a source of grievance for those who create it

Sportswear group’s softer than anticipated outlook stirs concerns about multiyear turnaround plan