Netflix faced fierce criticism on Friday over its blockbuster deal to acquire Warner Bros., the storied Hollywood studio. The deal's biggest loser may be Warner Bros. competitor Paramount Skydance, the Hollywood studio owned by Larry Ellison, one of the world's richest people and a close ally of US President Donald Trump.
Taiwanese tech giant Foxconn unveiled two more electric vehicle prototypes on Tuesday, including a pickup truck, as it said commercial production on two other designs would start later this year.
Australia touted a world-first project Tuesday that could help make the country a "renewable energy superpower" by shifting huge volumes of solar electricity under the sea to Singapore. "The prospect of Sun Cable is just one part of what I talk about when I say Australia can be a renewable energy superpower for the world."
Equities mostly rose and sterling held on to its gains Tuesday after the UK government scrapped a controversial debt-funded mini-budget that had roiled markets, while traders were also cheered by a broadly positive start to earnings season.
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