Clean energy stocks fell Monday as President Donald Trump’s spending legislation now includes a tax on wind and solar projects using Chinese components and abruptly phases out key credits. Shares of NextEra Energy, the largest renewable developer in the U.S., fell 4%. Solar stocks Array Technologies, Enphase and Nextracker were…
Love your Costco dupes? Lululemon is coming after them. Lululemon has filed a lawsuit against Costco, accusing the big box store of selling knockoffs of the athleisure brand’s apparel for a fraction of the price. According to the complaint filed Friday in the Central District of California, Costco allegedly ‘unlawfully…
A handful of US stocks remain in the red at the time of writing even though the benchmark S&P 500 index has recovered rather significantly over the past three months.But continued weakness, at least in some of them, may mean opportunity for long-term investors heading into the second half of…
Asia-Pacific stock markets showed a mixed performance at Tuesday’s open, with investors assessing the record-setting gains on Wall Street while simultaneously keeping a wary eye on the global impact of US President Donald Trump’s tariff policies. With a 90-day tariff reprieve set to expire next week, the delicate state of…
A leading Australian livestock industry group announced on Tuesday that it would no longer pursue its objective of achieving carbon neutrality by 2030. Despite the announcement, the organisation emphasised that reducing the sector’s substantial methane emissions, which contribute to global warming, would continue to be a primary focus, according to a…
United Kingdom house prices experienced their most significant monthly decline in over two years in June, a clear sign that prospective buyers are feeling the pressure after an increase in transaction taxes came into effect in April. The unexpected drop casts a shadow over the near-term outlook for the UK…
European stock markets began Tuesday’s trading session with a cautious and somewhat hesitant tone, with the regional Stoxx 600 index wavering near the flatline as investors assessed the evolving global trade landscape and awaited key inflation data from the Eurozone.About 25 minutes after the opening bell, the pan-European Stoxx 600…
The clock is ticking down on what could be a defining moment for transatlantic trade. In a high-stakes gambit, the European Union is signaling it might be willing to swallow a bitter pill—a 10% universal tariff on many of its exports to the United States—but only if it can extract…
The Reserve Bank of India (RBI) surprised markets in June with a larger-than-expected 50 basis point rate cut, bringing the rate to 5.50%. This move aimed to front-load support for the domestic economy, and with stable to lower inflation anticipated due to a good monsoon, further rate cuts of possibly another…
Euro zone inflation returned to the European Central Bank’s target of 2% in June, marking a key milestone in the region’s battle against surging consumer prices. The reading, released by Eurostat on Tuesday as part of its flash estimate, confirmed expectations from economists and signalled further easing pressure on the…