Roche Profit Falls Short of Estimates as Covid Sales Dwindle
Roche Holding AG’s profit fell just short of estimates in the first half as revenue from new drugs failed to offset the dwindling market for Covid-19 tests and treatments.
Bloomberg Business
FSD Aims to Mobilize $1 Billion Green and Gender Bonds in Africa
FSD Africa, a UK development agency headquartered in Kenya, said it is helping issuers raise at least $1 billion in green and gender-based bonds over the next year to support sustainability projects across the continent.
Renault Has Held Encouraging Investor Meetings on EV Arm IPO
Renault SA said early feedback from potential investors in its planned initial public offering of its electric-vehicle unit has been positive, amid record first-half earning for the French carmaker.
Ship Carrying BMWs and Mercedes Still Ablaze Off Dutch Coast for Second Day
A cargo ship carrying almost 3,800 cars and construction vehicles is likely to continue burning for days, according to the Dutch coast guard, which is leading efforts to contain the blaze.
Thailand’s Parliament Prepares to Hold Fresh PM Vote Next Week
Thailand’s parliament is scheduled to meet next week to pick a new prime minister as a coalition of pro-democracy parties seek to end a political impasse that has gripped the country since the May general election.
Prada Earnings Jump, Helped by Luxury Demand in Asia, Europe
Prada SpA reported stronger earnings as the Italian fashion group benefited from shoppers in Europe and Asia splurging on Prada loafers and Miu Miu bags.
European Commercial Property Deals Drop 58% to Lowest Since 2010
European commercial real estate transactions plunged 58% in the second quarter as rising rates upended the continent’s property markets.
Turkey Says It Wants to Kick-Start Shelved Talks to Join the EU
Turkey wants to kick-start talks about joining the European Union, as the government seeks to attract more investment following President Recep Tayyip Erdogan’s revamp of his economic team after re-election in May.
Microsoft Teams Faces EU Antitrust Probe in Salesforce Clash
Microsoft Corp. faces a European Union probe over concerns it’s driving out competition by unfairly bundling its Teams video conferencing app with its popular business software suite.
Adani Lenders Weigh Up to $750 Million Loan for Ambuja Debt
Barclays Plc, Deutsche Bank AG and Standard Chartered Plc are in talks to lend between $600 million and $750 million collectively to Adani Group, as part of discussions to refinance the debt taken to fund its purchase Ambuja Cements Ltd., according to people familiar with the matter.
