European car sales surge in July; EVs grow 61%

The European Automobile Manufacturers Association (ACEA) published its monthly data on Wednesday, revealing a 15.2% surge in new car registrations…

Saudi Arabia stocks higher at close of trade; Tadawul All Share up 1.16%

Saudi Arabia stocks were higher after the close on Wednesday, as gains in the Transport, Industrial Investment and Media &…

Wall St rises as weak economic data fuels rate-pause hopes

(Reuters) – Wall Street’s main indexes rose on Wednesday as fresh economic data indicated a cooling U.S. economy, keeping alive…

SoftBank fund cuts stake in India’s Zomato in $115-million deal

(Reuters) – SoftBank (TYO:9984) Vision Fund on Wednesday sold a 1.17% stake in Indian food delivery firm Zomato in a…

July sales jump helps Toyota reach monthly record

Toyota Motor (NYSE:TM) released their sales numbers for the month of July on Wednesday, reporting an 8% rise compared to…

Visa, Mastercard to raise credit card fees

Visa (NYSE:V) and Mastercard (NYSE:MA) are reportedly preparing to raise their credit card fees, as reported by the Wall Street…

Explainer-Why is France struggling to lower supermarket prices?

(Reuters) – Finance Minister Bruno Le Maire is meeting France’s top supermarkets and their suppliers on Wednesday and Thursday to…

Explainer-What happened to shut down Toyota’s production in Japan?

(Reuters) -Toyota Motor was ramping back production at its Japan-based factories on Wednesday after a computer system processing orders for…

S&P 500, Nasdaq futures dip with more economic data on tap

(Reuters) – Futures tracking the S&P 500 and the Nasdaq dipped on Wednesday as investors remained cautious in a data-heavy…

Sogo & Seibu sale to go ahead, triggering rare workers’ strike in Japan

(Reuters) – Seven & i will sell department store unit Sogo & Seibu on Sept. 1, a source with direct…