Financial Services Roundup: Market Talk
BOQ, QBE and more in the latest Market Talks covering Financial Services. #press
https://www.wsj.com/articles/financial-services-roundup-market-talk-9daa4b5f?utm_source=press.coop
Auto & Transport Roundup: Market Talk
The latest Market Talks covering the Auto and Transport sector. #press
https://www.wsj.com/articles/auto-transport-roundup-market-talk-f3b64a88?utm_source=press.coop
From Acting in 'The Bear' to Actually Making Food
Striking actors and writers are feeding the picket lines with goodies from their startups. #press
China's Shadow Banks Could Be Another Property Casualty
Missed payments from a well-connected trust firm come as China’s property market sinks again—and banks step back. #press
Taiwan Vice President Flashes Defiance Against China During U.S. Stopover
Lai Ching-te spoke in New York on the first leg of a U.S. visit that Beijing and Washington are both watching carefully. #press
A Bitter, Century-Old Rivalry Spreads to the Women's World Cup
Australia and England have met countless times in cricket and two kinds of rugby, but now their grudge match comes to soccer with a place in the World Cup final on the line. #press
https://www.wsj.com/articles/womens-world-cup-england-australia-ashes-c95606f?utm_source=press.coop
Today's Logistics Report: Port Robot Hurdles; Amazon Dropping the Box; Dimming U.S.-China Trade #press
https://createsend.com/t/d-B475B5781B698C162540EF23F30FEDED?utm_source=press.coop
Russian Ruble at Weakest Level Since Early Days of Ukraine War
The currency’s fall points to mounting financial anxiety and has revealed divisions among top Russian officials over how to manage the situation. #press
Pro Take: China Tensions Could Create Midterm Vulnerabilities In Some Tech Markets
U.S. restrictions on investments in China’s tech sector could leave American companies vulnerable to shortages of some technologies over the medium term, should China retaliate by making it more difficult for U.S. companies to access chips and hardware produced... #press
U.S. Issues Draft Cybersecurity Guidelines for EV Charging Networks
The guidance for the electric-vehicle industry aims to protect charging payment systems and links to the wider grid. #press
Why Can't U.S. Ports Get Automated?
U.S. officials say the country’s ports face big hurdles in adding robots, including space constraints, the tough economics of getting a return on hefty investments and, most prominently, fierce opposition from organized labor. #press
https://www.wsj.com/articles/why-cant-u-s-ports-get-automated-cdd684ff?utm_source=press.coop
China's Deepening Housing Problems Spook Investors
Chinese stocks fell in Hong Kong and mainland China, with real-estate developers, EV manufacturers and other companies in economically sensitive sectors declining the most. #press
Foxconn's Second-Quarter Net Slips as Revenue, Margin Decline
Foxconn Technology Group said its second-quarter net profit declined 0.9% from a year earlier as revenue fell and margins deteriorated. #press
German ZEW Index Could Be Key Driver of Eurozone Bonds This Week
In the eurozone government bond market only the ZEW economic indicator has the potential to attract significant attention in the coming days, LBBW said. #press
Exor Becomes Long-Term Investor in Philips
Exor has taken a 15% stake in Philips for an undisclosed sum but worth around €2.6 billion and will be able to nominate one board member. #press
https://www.wsj.com/articles/exor-buys-15-stake-in-philips-c1e444cf?utm_source=press.coop
Chinese EV Makers' Shares Fall on Worries About Further Price Cuts
Shares of Chinese electric-vehicle makers listed in Hong Kong broadly weakened early Monday, as they engaged in new price war which investors believe could hurt their margins. #press
China's Worsening Economy Is Hurting Corporate America
Caterpillar and DuPont are among the big companies that are lowering their expectations for a postpandemic boom. #press
Argentines Back Far-Right Outsider in Presidential Primary
Javier Milei has pledged to dissolve the central bank, slash spending in a country hammered by inflation, poverty and a moribund economy. #press
The Economic Losers in the New World Order
Giant subsidies and rising protectionism are upending decades of free trade. Smaller countries, from the U.K. to Singapore, are getting left behind. #press
Chinese Developers' Shares Slump on Country Garden News, Weak Credit Data
Shares of Chinese property developers fell sharply weighed by negative news, including property giant Country Garden’s suspension of bond trading, deteriorating credit data and profit alerts. #press