Discount retailer Pepco’s sales growth slows
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Big companies toughen banking partner screening after crisis – survey
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Wall Street cheers cool CPI with stock rally; dollar, yields decline
The currency market moved on the CPI news, too. The dollar index declined 1.18% to $100.536, near its lowest point in a year. The yen..
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British digital bank Monzo in talks to buy Nordic lender Lunar
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Germany more flexible on hydrogen transition, emphasises speed – draft
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Smurfit Kappa eyes wider North Africa expansion after Morocco opening
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Bank of England says Britain is coping with higher interest rates
The BoE said British banks were less exposed than households to the adverse effects of higher interest rates, especially compared wit..
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Exclusive-SoftBank considering US listing for its PayPay business – sources
SoftBank founder Son recently pledged to shift to “offence mode” amid rising global interest and investment in artificial..
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Oil steadies amid economic concerns, higher U.S. crude stocks
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IBM mulls using its own AI chip in new cloud service to lower costs
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BNPL – Do the regulations matter?
Insights from Ecommpay’s data indicate that BNPL was a popular choice for holiday purchases last Christmas, with over 40% of Millenni..
Business
Zara owner boosts sustainability goals as fast-fashion feels the heat
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LG Chem raising $2 billion in exchangeable bonds
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Stocks rise, dollar retreats ahead of inflation data
The dollar index, which measures the performance of the U.S. currency against six others, was last down 0.2% on the day and around it..
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Heathrow passenger numbers near pre-pandemic levels in June
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U.S. says to move forward with transfer of F-16 jets to Turkey
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Analysis-Japan’s changing views on price hikes open door for BOJ policy tweak
Japanese wages have barely risen in the past decade, bogged down by entrenched expectations of weak inflation. However, those views h..
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Food prices squeeze consumers in June, hot weather boosts summer spending: BRC
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Oil rises on OPEC+ cuts, weaker dollar
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Apple opens store on China’s WeChat platform
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Uniper chief says flexible duration LNG contracts key for Europe
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Turkey backs Sweden’s NATO entry
“I’m glad to announce … that President Erdogan has agreed to forward the accession protocol for Sweden to the grand..
Headlines
L&T, Spain’s Navantia to jointly bid for $5-billion India submarine tender
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News
Thames Water pulled back from the brink after investors pump in $960 million
Thames Water’s debt problem has become far more challenging as over half of it is linked to inflation and the cost of servicing..
Wealth Creation
UK health regulator approves GSK’s vaccine for common respiratory virus RSV
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Wealth Creation
Marketmind: China disinflation a mix of good and bad
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Wealth Creation
Analysis-Europe faces long wait for weight-loss drugs as governments eye costs
In the United States, the federal Medicare health plan for older Americans is prohibited from covering weight-loss drugs. Many health..
Wealth Creation
Gucci-owner Kering paid $3.8 billion for French fragrance label Creed – FT
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Wealth Creation
Innovation in EVs seen denting copper demand growth potential
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Wealth Creation
Biden arrives in Britain to meet King Charles, PM Sunak
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Jaguar Land Rover expects Q1 free cash flow of over $500 million
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EU and Belgium invest $1.6 billion in chip technology firm Imec
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Amman Mineral makes firm debut in Indonesia’s biggest IPO this year
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Continental to phase out activities at Gifhorn plant by end of 2027
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UK house prices post biggest annual drop since 2011: Halifax
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German economy faces uphill climb as industrial output falls
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Wealth Creation
Telefonica sells controlling stake in Peruvian fibre optic network to KKR
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Wealth Creation