Swedish commercial property owner Emilshus has raised its full-year profit guidance after reporting a 29% year-over-year increase in second-quarter rental income, driven by acquisitions and operational strength.
The Walt Disney Company is in the early stages of considering a free version of its Disney+ streaming service to compete with rivals like YouTube and attract price-sensitive viewers, according to a recent report.
Technology and semiconductor shares led a broad rally across Asian markets, as investors focused on a new wave of AI-related capital spending despite renewed geopolitical tensions in the Middle East.
Crude oil benchmarks are poised for gains of 5-6% this week as ongoing U.S.-Iran hostilities stoke supply fears, overshadowing concerns about the impact of inflation on global demand.
The U.S. House of Representatives is scheduled to vote next week on the Sunshine Protection Act, a bill that would eliminate the biannual clock change and could impact consumer-facing industries.
The U.S. Commerce Department has completed its national security probe into imported aircraft and parts, citing supply chain risks but recommending against immediate new tariffs. The White House will instead pursue negotiations with trading partners over the next six months.
Mizuho raised its rating on the discount retailer to 'outperform,' citing a nearly 30% share price decline that has created an attractive entry point. The firm's $220 price target suggests more than 20% upside.
The lithium producer reported second-quarter output of 35,000 tonnes, surpassing its own forecast and signaling operational improvements at its mining facilities.
Goldman Sachs has prohibited its employees from trading on prediction markets tied to financial and political events, citing the need to avoid real or perceived conflicts of interest. Violations could result in termination and forfeiture of gains, according to reports.
