China’s biggest-selling auto brand withstood a raging price war that engulfed the country this year, with BYD Co. posting second-quarter profit that surged 145% and sending its shares climbing.
Swedish payments firm Trustly has acquired the French recurring payments platform SlimPay as it continues its Europe-wide expansion.
After months of extreme heat across southern Europe, the continent is cooling down, with Rome and Berlin set for colder-than-normal temperatures over the next few days.
Billionaire Anil Agarwal’s Vedanta Resources Ltd. said it has started an exercise to identify its dollar bondholders, as the miner prepares to repay about $2 billion of notes next year, a record annual amount for the company.
Ukraine’s forces continued to advance around Bakhmut in the east and toward Melitopol, the General Staff said, after Defense Minister Oleksii Reznikov said troops had broken through the first line of Russia’s fortifications in the occupied south.
The Philippines evacuated almost 25,000 people to safer ground as Typhoon Saola is expected to hit land Wednesday before heading for Taiwan and Hong Kong.
Saudi Arabia’s foreign reserves dropped by over $16 billion last month, in the sharpest decline since oil prices turned negative during the depths of the pandemic and the kingdom used its savings to invest in US stocks.
A decline in exports dragged down Sweden’s economy in the second quarter, even as output contracted less than previously estimated.
UBS Group AG and Zurich-based finance blog Inside Paradeplatz have reached a settlement in a lawsuit initiated by Credit Suisse over allegations of abusive reader comments attached to articles on the site.
Oil steadied as equity markets ticked higher and traders waited for the next set of clues on the outlook for crude demand in the US and China.
