Why Threads, Meta’s Twitter Killer, Needs a Desktop Version
Social network users want to pound out messages on their laptops as well as phones
Bloomberg Business
UK Charges Former OPEC President With Bribery
Former OPEC president Diezani Alison-Madueke was charged with bribery offenses in the UK, after an investigation by the country’s National Crime Agency.
Roche’s Fast-Growing Eye Drug Set to Expand in Top EU States
Roche Holding AG expects to have reimbursement for blockbuster eye drug Vabysmo in the top five European markets by the end of the year, broadening the reach of its fastest growing product.
Dick’s Falls After Warning About Higher Theft, Cost Cutting
Dick’s Sporting Goods Inc. sank after cutting its profit outlook for the full year as the retailer deals with slowing growth and more theft at its stores.
Midwest Braces for 115-Degree Heat, Renewing Crop WorriesÂ
A heat wave sweeping the Midwest is threatening to dry out grain crops in the final few weeks of the growing season, putting at risk a bumper US harvest that’s key to keeping global food inflation in check.
BASF Weighs €3 Billion Sale of Catalyst Assets
BASF SE has hired Morgan Stanley to help it explore options for its business making catalysts for combustion engines, including a possible sale, people with knowledge of the matter said.
Adyen Is Still Expensive After $23 Billion Meltdown
Even after a record slump that wiped out €21 billion ($23 billion) in value, some investors think Adyen NV still looks too expensive, especially compared to rivals like PayPal Holdings Inc.
Russia’s Seaborne Crude Flows Drop to the Lowest Since January
Shipments fall by more than 1 million barrels a day from their mid-May peak
Kenya Eyes $81 Million from African Development Bank After Cutting Domestic Loans
Kenya is in talks with the African Development Bank for about $80.6 million to plug its budget gap this fiscal year after slashing its domestic borrowing target in favor of foreign concessional debt.
Cathie Wood’s ARK Snaps Up Adyen Shares After Record Meltdown
Cathie Wood extended her bet on Dutch payment processing company Adyen NV just after a growth slowdown sent the stock down by almost half to its lowest level in three years.