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Futures Slide After Broadcom Forecast Miss Chills Tech Euphoria

US equity futures are weaker, dragged lower by Tech after a disappointing outlook from Broadcom triggered doubts that the blistering rally in technology shares had gone too far, a move exacerbated by euphoric positioning. As of 8:00am ET, S&P futures dropped 0.4%, while Nasdaq futures slumped 1.2%. Broadcom, which a…

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Climate minister stresses need to lower industrial electricity rates to boost S. Korea's competitiveness

SEOUL, June 4 (Yonhap) -- Climate Minister Kim Sung-whan on Thursday called for efforts to lower industrial electricity rates in a bid to help South Korean companies boost their global competitiveness, while reaffirming the country's push to expand clean energy amid climate change and the growth of advanced industries.

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Cuba’s fuel crisis leaves Havana’s streets overflowing with rubbish

Large piles of rubbish have accumulated across Havana, a city of nearly two million people, raising growing concerns about public health and sanitation. Local authorities say fuel shortages have curtailed the operation of state-run collection lorries, leaving waste uncollected for prolonged periods. Residents report…

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