A look at the day ahead in U.S. and global markets from Mike Dolan August looks anxious already – as stock markets take fright at Big Tech earnings and start to reconsider ‘hard landing[...]
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August 2, 2024
Analysis-UPS plan to sweeten holiday profits could turn off shippers
By Lisa Baertlein LOS ANGELES (Reuters) – UPS, the world’s biggest package delivery courier, is the first major industry player to announce this year’s holiday surcharges, unveiling[...]
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Philippine’s Mynt gets valuation boost at $5 billion with Ayala, MUFG funding
By Rishav Chatterjee (Reuters) – Mynt, which operates the Philippine e-wallet brand and IPO-hopeful GCash, has more than doubled its valuation to $5 billion following investments from Ayala Corp[...]
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Tesla’s China-made EV sales rise 15.3% y/y in July
BEIJING (Reuters) – U.S. automaker Tesla’s sales of China-made electric vehicles rose 15.3% from a year earlier to 74,117 units in July, data from the China Passenger Car Association (CPCA[...]
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US judge throws out $4.7 billion verdict against NFL in ‘Sunday Ticket’ lawsuit
By Mike Scarcella (Reuters) -A U.S. judge in California on Thursday threw out a $4.7 billion verdict against the National Football League in a lawsuit claiming it overcharged subscribers to its Sunday[...]
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Tesla registers insurance brokerage in China, national corporate database shows
BEIJING (Reuters) – Tesla registered an insurance broking firm in China at the end of July, based on a national corporate information database, in a sign that the U.S. automaker may be trying ag[...]
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Volvo Cars’ July sales rise 6% driven by European EVs
COPENHAGEN (Reuters) -Volvo Cars’ sales rose 6% year-on-year in July to 57,447 cars, driven by an increase in fully electric vehicles in Europe, the Sweden-based automaker said on Friday. Volvo[...]
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Indonesia Finance Minister sees Q2 GDP growth at 5%, flags geopolitical risks
By Gayatri Suroyo and Bernadette Christina JAKARTA (Reuters) -Indonesia’s economic growth probably slowed slightly to 5% in the second quarter and authorities are monitoring geopolitical develop[...]
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Striking U.S. video game actors say AI threatens their jobs
By Danielle Broadway BURBANK, California (Reuters) – Striking video game voice actors and motion-capture performers held their first picket on Thursday in front of Warner Bros. Games and said ar[...]
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