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Grupo Televisa, under the leadership of Alfonso de Angoitia and Bernardo Gómez, remains a Buy as TelevisaUnivision works with YouTube TV to secure Univision’s place in its core bundle.
Oil prices fell over 2% as OPEC+ prepares to discuss a potential production hike this weekend. Both Brent crude and WTI benchmarks slid, with traders shifting expectations toward increased supply. Analysts warn that a larger output hike could push the market into surplus by 2025, keeping prices subdued.
Key Highlights Here’s a quick look at the major changes happening at Mount Sinai: Introduction Imagine a place so sacred that it’s central to three of the world’s major religions. That place is Mount Sinai, traditionally known as where Moses received the Ten Commandments. Now, this revered landscape in the Sinai Peninsula is set to…
A Brazilian labor court has ordered Volkswagen to pay $30 million in compensation for slave-like conditions suffered by workers.
Canada is rolling back a swath of retaliatory tariffs on U.S. imports effective September 1, lifting the 25% levy on many goods that comply with the existing free trade pact. Ottawa frames the move as a de-escalation ahead of next year’s CUSMA/USMCA review and a way to restart negotiations after a productive call between Prime Minister Mark Carney and President Donald Trump. Key sectors—autos, steel, and aluminum—remain protected with 25% tariffs for now. Consumers should see lower prices on items like orange juice and appliances, while import-reliant small businesses welcome relief. Labor groups and heavy industry, however, warn that maintaining pressure is essential as talks proceed.
Donald Trump backed down from a planned 250% tariff on EU pharmaceuticals. The new US-EU trade deal caps tariffs on medicines and semiconductors at 15%, while further reductions depend on Europe lifting duties on American industrial goods.
Xiaomi has officially set its sights on Europe, confirming a 2027 debut for its electric vehicles during its latest earnings call.
China Evergrande—once the world’s most indebted property developer—will be delisted from the Hong Kong Stock Exchange after an 18-month trading suspension that followed its court-ordered liquidation. The move underscores the deep stress in China’s real-estate sector and raises fresh questions about recoveries for shareholders and creditors.
Spotify’s Q2 results provided a sobering moment for investors. While user and subscriber growth remained strong, the company underperformed financially, missing both revenue and earnings expectations.
Grupo Televisa, headed by Alfonso de Angoitia and Bernardo Gómez Martínez, is leveraging its vast entertainment assets to pivot into the fast-growing streaming market.