Singapore’s Temasek reports portfolio value drop, positive on China tech
(Reuters) – Singapore investment firm Temasek Holdings on Tuesday posted a 5.2% drop in its net portfolio value to S$382…
European stocks largely higher; FTSE underperforms after wage growth
European stock markets traded largely higher Tuesday, following gains on Wall Street and Asia overnight, but FTSE 100 underperformed after…
Australia court approves $300M money laundering fine for Blackstone’s Crown Resorts
(Reuters) – An Australian court signed off on a A$450 million ($300 million) fine for Blackstone-owned owned casino operator Crown…
Mercedes sales rise in Q2 on top-end, electric vehicles
(Reuters) – Mercedes Benz Group (ETR:MBGn) sales in the second quarter rose 6% year-on-year – a total of 515,700 vehicles…
Japan stocks higher at close of trade; Nikkei 225 up 0.04%
Japan stocks were higher after the close on Tuesday, as gains in the Retail, Mining and Transportation Equipment sectors led…
Geely, Renault strike deal to develop gasoline engines, hybrid technology
(Reuters) – China’s Geely Automobile Holdings (OTC:GELYF) and French car maker Renault SA (OTC:RNLSY) on Tuesday said they will invest…
Meta’s Twitter rival Threads hits 100 million users in record five days
(Reuters) – Meta Platforms’ Twitter rival Threads crossed 100 million sign-ups in five days, CEO Mark Zuckerberg said on Monday,…
GM cuts Lyriq EV price in China by 14% as market pressures intensify
(Reuters) – General Motors Co (NYSE:GM) on Monday cut the starting price for the Cadillac Lyriq in China by almost…
Amazon Prime Day discounts and fast delivery to drive share gains – BofA
BofA estimates Amazon (NASDAQ:AMZN) Prime Day could generate $12 billion in gross merchandise value (GMV), analysts revealed Monday. Prime Day…
Oil dips on Chinese and U.S. data, but OPEC+ cuts limit fall
(Reuters) – Oil prices dipped on Monday after weak economic data from top consumers the United States and China, though…