Meituan More Than Doubles Profit Despite Tough Competition
The shopping-and-delivery platform delivered another solid quarter, with profit more than doubling despite stiff competition in the Chinese delivery market.
Li Auto Guides for Stronger Sales After Quarterly Profit Halves
The Chinese electric-vehicle maker guided for higher deliveries in the third quarter after a challenging second quarter.
Parenting Is Hazardous to Your Health, the Surgeon General Warns
The nation’s doctor says parents are lonely. Maybe it’s really the powerlessness of parenthood that’s gotten us down.
Gloom Falls Over One of China’s Most Successful E-Commerce Giants
After quarters of triumphs, Temu owner PDD tamps down investors’ enthusiasm with a list of challenges.
Lego Sales Climb Despite Toy Market Woes
Lego posted higher sales in the first half of the year as consumers, particularly those in the Americas and Europe, scrambled to […]
Nvidia Earnings to Take Center Stage for Markets
Stock futures held steady ahead of the chip maker’s earnings, which have become a litmus test for the staying power of the […]
Eurozone Government Bond Yields Seen Range-Bound Until Friday’s Data
Euro rates will likely wait for Friday’s eurozone unemployment and inflation numbers for direction and thus the Bund curve should remain fairly […]
Singapore Dollar Weakens Amid Cautious Mood
The Singapore dollar weakened against the USD during the Asian session amid a cautious mood.
Lawsuits Fly Over Election Rules and Who Gets to Vote
Democrats are challenging new certification rules in Georgia, while Republicans are launching efforts to target voter-registration procedures in Arizona and North Carolina.
Telegram Founder Was Wooed and Targeted by Governments
Pavel Durov had lunch with the French president six years ago. His phone was hacked the previous year by French and U.A.E. […]
The Skeptic Who Could Shape Kamala Harris’s Foreign Policy
Phil Gordon, the vice president’s national security adviser, is known for breaking with establishment thinking.
Prudential PLC Operating Profit Rose in First Half
Prudential PLC reported higher adjusted operating profit in the first half of the year on higher profits from its insurance and asset-management […]