Fiji’s Prime Minister Sitiveni Rabuka said he would have to cancel a visit to China after tripping and falling down a flight of stairs while looking at his telephone. As evidence, he highlighted his blood-spattered shirt and a small plaster on his head.
Typhoon Doksuri caused flooding, triggered landslides and cut power in the northern Philippines, where thousands remain stranded in ports or by roads blocked by debris, and authorities in China and Taiwan are preparing defenses against the storm.
NatWest Group Plc Chief Executive Officer Alison Rose is stepping down after a row over the way the British bank closed accounts held by politician-turned-pundit Nigel Farage, a move that came just hours after the board said she had their full confidence.
Just Eat Takeaway.com NV’s first-half earnings beat analysts’ estimates after cost cutting and restructuring measures boosted profitability.
Main Sequence, the venture capital firm founded by Australia’s national science agency, raised A$450 million ($305 million) from global investors for a third fund to drive investment in deep technology deemed crucial to the country’s national interests.
Puma SE reported earnings that topped analysts’ estimates as demand in China rebounds for sneakers and apparel.
(Bloomberg) — French consumers are increasingly confident inflation will ease over the next 12 months and their assessment of past pressure is also softening. The balance of households expecting prices to accelerate fell for the fourth consecutive month to the lowest reading since May 2009, according to national statistics agency Insee. Greater confidence that the worst of the inflation surge is over echoes business surveys, which show fewer price hikes are planned in the private sector.
Nissan Motor Co. has finalized plans to invest in Renault SA’s electric-vehicle venture Ampere, capping months of negotiations to rebalance the troubled automotive alliance.
LVMH shares slumped as a sluggish economy deterred some US shoppers from buying its high-end clothes and handbags in the second quarter, offsetting a rebound in China.
Banco Santander SA’s earnings beat estimates as its domestic market became the Spanish lender’s top profit maker for the first time in more than a decade, boosted by rising interest rates.
