Bloomberg Business

Richard Masters, chief executive of the Premier League, sees no letup in the number of bids for teams from sovereign wealth funds as well as American investors.

Snap Inc. projected revenue at the lower end of analysts’ estimates for this quarter, signaling that improvements to the digital advertising business are taking longer than expected to pay off. The shares fell in premarket trading, on course for the biggest intraday drop in three months.

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The asset-management arm of Deutsche Bank AG signaled a recovery as investors added €9.3 billion ($10.3 billion), marking the second consecutive quarter of inflows.

GSK Plc raised its guidance for the year after a strong start to 2023 as it prepares to begin selling one of the first vaccines to prevent a common respiratory virus.

Lloyds Banking Group Plc took higher bad loan charges that dragged its earnings below expectations in the second quarter, even as it raised its margin guidance, highlighting the impact of soaring interest rates on the banking industry.

Tesla Inc. vehicles are barred from parts of a major Chinese city as it prepares for a visit by President Xi Jinping for the start of the World University Games on Friday, according to people familiar with the matter.

Thames Water Ltd. is considering measures to reduce data centers’ water use, including adding flow restrictors to pipes and charging more for water at times of peak demand.

Rolls-Royce Holdings Plc surged to the highest in more than three years after the UK aircraft-engine manufacturer unexpectedly raised its profit targets, aided by a travel boom that’s boosting the lucrative maintenance business.

Prime Minister Narendra Modi will face a rare floor test in India’s parliament after the opposition moved a no-confidence motion over the deadly violence in Manipur, an attempt that won’t impact his government’s stability but could force him to make a formal statement before lawmakers.