Morningstar lifts Netflix target but warns shares remain overvalued
Netflix shares have soared more than 47% in 2025, outperforming the broader market and leaving rival entertainment stocks trailing. Yet…
Canada’s GDP slips in April as manufacturing falters
Canada’s real GDP fell 0.1% in April, reversing a 0.2% increase in March, according to Statistics Canada. The national economy…
Germany says DeepSeek illegally sends data to China, urges Apple, Google to review app
A top German data protection watchdog has called for tech giants Apple and Google to consider removing the Chinese AI…
London braces for scorching heatwave, hottest start to Wimbledon expected
London is likely to experience scorching heatwaves this weekend, with temperatures climbing and peaking on Monday, according to the Met…
How billionaire Caltagirone could influence Italy’s banking M&A wave
MILAN (Reuters) -Italian billionaire Francesco Gaetano Caltagirone has emerged as a leading player in the reshaping of Italy’s financial sector…
Why are SPACs suddenly hot again and should investors buy into the hype?
Wall Street has a short memory. Just a couple of years ago, SPACs were synonymous with hype, lawsuits, and bankruptcies. …
Taiwan dollar hits three-year high, pressuring exporters and insurers
Taiwan’s currency surged to its strongest level in three years on Thursday, buoyed by robust foreign inflows into its stock…
Australia, New Zealand top global rankings in per capita cocaine use: UN report
Australia and New Zealand are now the world’s biggest per-capita users of cocaine, according to the United Nations Office on…
Indonesia downplays US exit from coal transition partnership deal
Indonesia’s top official for an international initiative stated on Thursday that the US’ withdrawal from a collaborative effort aimed at…
Why US shale oil production is likely to see no upside this year?
US shale oil production is unlikely to experience upside as West Texas Intermediate crude prices stay pressured near the mid…