FTC faces uphill battle in Microsoft/Activision appeal
By Mike Scarcella WASHINGTON (Reuters) – The U.S. Federal Trade Commission’s (FTC) bid to temporarily block Microsoft’s $69 billion purchase…
US
Republican state officials threaten legal action over company diversity policies
(Refiles to replace ‘attorney generals’ with ‘attorneys general’ throughout) By Daniel Wiessner (Reuters) -A group of Republican U.S. state attorneys…
State Street beats profit estimates as interest income rises
(Reuters) – State Street Corp on Friday beat profit estimates for the second quarter as the bank’s interest income benefited…
China’s BYD says H1 net profit could more than triple
HONG KONG (Reuters) – Chinese electric vehicle giant BYD Co LTD forecast strong growth in its six-month net profit on…
Erdogan says he is in agreement with Putin that grain deal should be extended
ISTANBUL (Reuters) – Turkish President Tayyip Erdogan said on Friday that he is in agreement with Russian President Vladimir Putin…
Brazilian union sues JBS over alleged exploitation of chicken workers
By Ana Mano SAO PAULO (Reuters) – A Brazilian labor union has accused JBS SA of submitting dozens of workers…
Mazda says needs China strategy overhaul to catch up with market
TOKYO (Reuters) -Japan’s Mazda Motor needs to overhaul its strategy in China, the world’s biggest auto market, where it faces…
Tesla’s Shanghai factory workers welcome bonus increase after record deliveries
SHANGHAI (Reuters) – Several workers at Tesla’s Shanghai plant, its biggest manufacturing hub globally by output, said they had been…
Investors pile into stocks, bonds as ‘mission accomplished’ on inflation-BofA
LONDON (Reuters) – Investors piled into bonds and stocks while shedding cash in the week to Wednesday, according to a…
Marketmind: Banks lob earnings into giddy markets
A look at the day ahead in U.S. and global markets from Mike Dolan Flush with hope that impressive disinflation…