Needham downgrades Apple on weak iPhone cycle, AI lag and overvaluation concerns; share falls
Apple Inc. extended its slide in early trading on Wednesday, after investment firm Needham became the latest to downgrade the…
CrowdStrike stock sinks as forecast disappoints and IT outage impact lingers
CrowdStrike Holdings Inc. shares slid almost 6% on Wednesday, after the cybersecurity firm forecast revenue for the current quarter that…
Mexico signals possible countermeasures next week if no steel tariff deal is reached
Mexico will announce new measures next week if no agreement is reached regarding the recently increased tariffs on steel and…
Bank of Canada holds rate at 2.75%, but eyes July cut amid rising trade tensions
The Bank of Canada (BoC) left its key interest rate constant at 2.75% on Wednesday, pausing for the second time…
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…
Singapore’s cross-border interconnections set to unlock 25 GW of new renewable capacity, says Rystad
Singapore, which has historically depended on gas for its energy supply, is now exploring regional grid connections. The strategy primarily…
Vietnam firms to sign $2B deal for US agricultural products
The Vietnamese Agriculture Ministry announced on Tuesday that domestic companies plan to sign memorandums of understanding with US partners to…
No easy way out: OECD warns Trump’s tariffs are choking global growth, fueling inflation
The Organization for Economic Cooperation and Development (OECD) has issued a stark warning, asserting that President Donald Trump’s aggressive and…
Japan takes action to lower soaring rice prices with stockpile release
Faced with long lines of consumers seeking affordable grain, Japan’s farm minister announced Tuesday the government is prepared to release…
Did globalization crush the American middle class and can Trump revive it?
It’s easy to blame globalization for everything; from vanishing factory jobs to wage stagnation and social unrest. WIth Donald Trump…