Netflix misses Q3 earnings targets amid Brazil tax dispute
Netflix (NFLX) missed Wall Street third-quarter earnings targets due to an unexpected expense from a dispute with Brazilian tax authorities, though it...
U.S. President Donald Trump will meet with South Korea’s trade delegation in Washington as Seoul races to negotiate a deal before 1 August’s 25 % tariffs on exports, according to South Korean officials.
South Korea’s trade and industry ministers, including Yeo Han‑koo and Kim Jung‑kwan, are in Washington for high‑level talks with U.S. officials like Commerce Secretary Howard Lutnick and U.S. Trade Representative Jamieson Greer. The goal is to avert the tax hikes that are set to kick in if no agreement is reached by the 1 August deadline.
The delegation’s visit comes after South Korea declined to open its sensitive beef and rice markets to meet U.S. demands, instead offering energy and shipbuilding cooperation as leverage. Officials said Seoul intends to present its best possible offer during negotiations.
Despite a cancelled meeting between Finance Minister Koo Yun‑cheol and Treasury Secretary Scott Bessent due to scheduling issues, South Korea pressed ahead with key trade talks over the weekend. South Korea’s top officials, including Koo, have since joined the trade discussions to strengthen the case for a deal.
The stakes are high as the looming tariffs cover South Korea’s major exports, autos, steel, and semiconductors, and come as Japan finalises a landmark trade deal with the U.S., raising pressure on Seoul to quickly secure comparable terms.
At least 69 people have died and almost 150 injured following a powerful 6.9-magnitude earthquake off the coast of Cebu City in the central Visayas region of the Philippines, officials said, making it one of the country’s deadliest disasters this year.
A tsunami threat was issued in Chile after a magnitude 7.8 earthquake struck the Drake Passage on Friday. The epicenter was located 135 miles south of Puerto Williams on the north coast of Navarino Island.
The war in Ukraine has reached a strategic impasse, and it seems that the conflict will not be solved by military means. This creates a path toward one of two alternatives: either a “frozen” phase that can last indefinitely or a quest for a durable political regulation.
A shooting in Nice, southeastern France, left two people dead and five injured on Friday, authorities said.
Snapchat will start charging users who store more than 5GB of photos and videos in its Memories feature, prompting backlash from long-time users.
President Donald Trump rejected a request from leading Democratic lawmakers to meet until the three-week-old U.S. government shutdown is brought to an end on Tuesday.
A Colombian court has overturned former President Álvaro Uribe’s convictions for fraud and bribery, halting a years-long legal saga that had made him the country’s first ex-leader to face criminal sentencing.
A Jan. 6 rioter who was pardoned by President Donald Trump has been charged with making terroristic threats after allegedly sending text messages that threatened to kill House Democratic Leader Hakeem Jeffries, according to a felony complaint filed in New York state court.
Netflix (NFLX) missed Wall Street third-quarter earnings targets due to an unexpected expense from a dispute with Brazilian tax authorities, though it offered a slightly stronger-than-expected forecast for the rest of the year.
Uzbekistan and Saudi Arabia have strengthened their strategic economic partnership with new projects in the capital’s development plan, including the construction of the ‘Riyadh Quarter’ in New Tashkent and the launch of a new international airport.
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