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The latest business and financial news from around the 🌍 with insights from @breakingviews. Our new daily podcast is here:
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Breakingviews - Pushy investors prime Japan Inc for new phase
Rising healthcare and consumer stocks boosted the Dow to a record closing high, while the S&P 500 and the Nasdaq also inched into the green for record closes despite a pause in the AI rally. Read:
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Canadian dollar hits six-week low as USMCA headline risk grows
UK consumer services sector sentiment falls to lowest in over a year
After bitter proxy fight, Lululemon CEO could use war chest to revamp bruised brand
Truth Social Funds remain committed to cryptocurrency despite Trump Media's decision to halt bitcoin ETF plans, Steve Neamtz from Yorkville America Equities tells Reuters
Iran war fallout amplifying Europe's financial vulnerabilities, ECB warns
European stocks set for modest gains as Iran war dampens outlook, poll shows
From predictions on how AI will hit jobs to $1 trillion market values for two chipmakers, we report on the big stories from the AI revolution
German economic council cuts growth forecast as energy prices bite
Italy probing whether China-led investors in Ferretti breached 'golden power' rules
Sterling dips as Iran uncertainty keeps traders wary
TSX futures up as investors track bank earnings
Canada's TSX seen hitting new highs as AI power demand grows: Reuters poll
Renault reaches deal with unions in Spain to keep production in two plants
New Federal Reserve chair Kevin Warsh faces pressure to signal readiness for rate hikes as inflation readings climb, according to ING's Chris Turner
Lululemon ends proxy battle with founder Chip Wilson
SK Hynix surpassed $1 trillion in market value for the first time, joining Samsung Electronics and Micron Technology amid an AI-driven rally
National Bank of Canada's profit rises on stronger wealth management, interest income
Nvidia plans to invest around $150 billion a year in Taiwan, CEO Jensen Huang said at the launch celebration for the chipmaker's planned Taiwan headquarters in Taipei, a week after rival AMD said it would invest more than $10 billion in Taiwan's AI sector
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