Today: 7 July 2026

Netflix to Paramount: Your Warner Bros bid “doesn’t pass the sniff test” as takeover clock ticks

Netflix to Paramount: Your Warner Bros bid “doesn’t pass the sniff test” as takeover clock ticks

Netflix co-CEO Greg Peters slammed Paramount Skydance’s hostile bid for Warner Bros. Discovery, calling the deal’s leverage “pretty crazy” and saying it wouldn’t fly without backing from Oracle founder Larry Ellison. Peters also pointed out that Netflix’s competition isn’t just studios—it includes platforms like YouTube, Amazon, and Apple. The Warner dispute is pivotal as it tests the limits of streaming consolidation before antitrust concerns kick in. Meanwhile, European Union regulators are gearing up to examine rival bids from Netflix and Paramount on a similar schedule, creating an unusual direct clash in competition scrutiny.
26 January 2026
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Yangzijiang Shipbuilding shares slide again on SGX as investors eye MAS review, March earnings

Yangzijiang Shipbuilding shares slide again on SGX as investors eye MAS review, March earnings

Singapore, Jan 26, 2026, 15:01 SGT — Regular session Shares of Yangzijiang Shipbuilding Ltd slipped 1.5% to S$3.29 in Monday afternoon trading, marking their seventh consecutive session of losses. The stock fluctuated between S$3.29 and S$3.34, with roughly 7.9 million shares changing hands. It remains about 12% below its intraday peak of S$3.75 hit on Jan. 14.
26 January 2026
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Gold breaks $5,000: India 22K, 24K gold rates and silver prices spike ahead of Budget

Gold breaks $5,000: India 22K, 24K gold rates and silver prices spike ahead of Budget

Gold surged past $5,000 an ounce Monday, with investors flocking to safe-haven assets. Silver hit record levels, adding pressure on Indian bullion prices despite local commodity markets being closed for a holiday. This shift holds weight in India, where global prices directly influence local rates during a crucial period: the government unveils its annual budget on Feb. 1. Changes to import duties here often send shockwaves through jewellers, refiners, and retail buyers alike.
26 January 2026
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Puducherry could meet 60%+ of power demand from renewables by 2030, Auroville study says

Puducherry could meet 60%+ of power demand from renewables by 2030, Auroville study says

Puducherry has the potential to supply over 60% of its electricity needs from renewable energy by 2030, far exceeding both current levels and its official goals, a study by Auroville Consulting reveals. This is crucial because the same modelling forecasts a steep jump in demand as the industry scales up and urban areas expand, driving peak load higher by 2029-30. For a small grid, the gap between power generation and actual demand can quickly turn into a costly issue.
26 January 2026
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Stock Market Today

  • Rivian (RIVN) to Sell $1.5 Billion in New Shares, Stock Slumps After Hours
    July 7, 2026, 5:59 AM EDT. Rivian Automotive said it will offer 75 million shares, about 5.5% of its outstanding stock as of June 1, at Monday's closing price, for roughly $1.51 billion before fees. The company also raised its 2026 delivery guide by 3,000 to a new midpoint of 67,500 vehicles. Underwriters get an option to buy another 11.25 million shares, which could bring dilution up to 6.3%. Rivian plans to use the cash for general corporate purposes and equity for its Department of Energy loan. Shares fell 9% after hours, reversing an 8.1% jump earlier in the day. The company estimated preliminary Q2 revenues of $1.55-$1.65 billion, topping consensus, with cash reserves at $5.3 billion as of June 30.
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