Business

Netflix’s next growth chapter hinges on keeping viewers hooked

Wednesday, July 15 by SRN News

By Harshita Mary Varghese July 15 (Reuters) - Netflix is under pressure to reassure investors about its growth strategy when it reports second-quarter results on Thursday, as its user engagement has faltered amid growing competition from traditional media players, YouTube and mobile viewing. The streaming giant... Read More.

Bank of Canada seen holding rates as inflation, weak growth pull in opposite directions

Wednesday, July 15 by SRN News

By Promit Mukherjee OTTAWA, July 15 (Reuters) - The Bank of Canada is widely expected to keep its benchmark rate unchanged on Wednesday as concerns over a recent spike in inflation remain contained and economic growth stays subdued. Canada's annual headline inflation breached the BoC's 3%... Read More.

Biden will publish ‘Promise Me, America’ memoir after the November midterm elections

Wednesday, July 15 by SRN News

NEW YORK (AP) - Former President Joe Biden will publish a memoir this fall, publisher Little, Brown and Company told The Associated Press. "Promise Me, America," which Biden says will touch upon everything from the economy to his decision to drop his bid for reelection,... Read More.

SpaceX’s slide risks turning blockbuster IPO into confidence test

Wednesday, July 15 by SRN News

By Laura Matthews NEW YORK, July 15 (Reuters) - SpaceX's slip close to its initial public offering price risks turning a marquee stock-market debut into a confidence test, potentially unsettling retail investors and complicating decisions for other companies weighing high-profile listings. Elon Musk's company, spanning rockets... Read More.

UK’s Dr Martens backs annual outlook on US wholesale demand

Wednesday, July 15 by SRN News

July 15 (Reuters) - British bootmaker Dr Martens stuck to its fiscal 2027 outlook on Wednesday, citing encouraging wholesale demand in its largest market, the United States. Here are some more details: • Trading has been in line with expectations since the start of its... Read More.

Taiwan’s premium mangoes wing their way to Europe for the first time

Wednesday, July 15 by SRN News

By Ann Wang TAICHUNG/TAITUNG, Taiwan, July 15 (Reuters) - Plump, juicy and fragrant, Taiwanese mangoes have long been a top draw for foodies, but traditionally those wanting to experience them have generally had to travel to the island. Starting this year, however, the yellow and orange-coloured... Read More.

China’s Q2 economic growth cools to 3-1/2-year low as imbalances worsen

Wednesday, July 15 by SRN News

By Kevin Yao, Ellen Zhang and Liangping Gao BEIJING, July 15 (Reuters) - China's economy expanded at its slowest pace in over three years in the second quarter, with weak household consumption clouding strong manufacturing and exports and intensifying concerns over the long-term sustainability of... Read More.

Fender escalates Stratocaster copyright fight, taking aim at Yamaha

Wednesday, July 15 by SRN News

By Nathan Gomes, Nandan Mandayam and Stephen Nellis July 14 (Reuters) - Fender, the U.S. maker of the iconic Stratocaster electric guitar played by Jimi Hendrix and Eric Clapton, has widened its legal campaign to defend the guitar's design with a notice letter sent to... Read More.

Morning Bid: Big Blue’s bad day raises the bar for ASML

Wednesday, July 15 by SRN News

A look at the day ahead in European and global markets from Tom Westbrook Europe's most valuable company and the top supplier of chip-making equipment reports on Wednesday with the AI rally getting some speed wobbles. ASML is the only maker of EUV lithography systems, the... Read More.

Asian shares rise after rally on Wall Street as data show US inflation slowing

Wednesday, July 15 by SRN News

TOKYO (AP) - Asian shares mostly rose Wednesday, tracking a rally on Wall Street following a report that showed U.S. inflation was not as bad last month as economists expected. South Korea's Kospi surged 7.1% to 7,343.37 as prices rebounded from a recent sell-off... Read More.

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Netflix’s next growth chapter hinges on keeping viewers hooked

Bank of Canada seen holding rates as inflation, weak growth pull in opposite directions

Biden will publish ‘Promise Me, America’ memoir after the November midterm elections

SpaceX’s slide risks turning blockbuster IPO into confidence test

UK’s Dr Martens backs annual outlook on US wholesale demand

Taiwan’s premium mangoes wing their way to Europe for the first time

China’s Q2 economic growth cools to 3-1/2-year low as imbalances worsen

Fender escalates Stratocaster copyright fight, taking aim at Yamaha

Morning Bid: Big Blue’s bad day raises the bar for ASML

Asian shares rise after rally on Wall Street as data show US inflation slowing

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