China Tightens IPOs, FL Weather Emergency, and More
Source: Bloomberg, 6:08 #press
London Mayor Sadiq Khan Defends Stance on ULEZ Expansion
London Mayor Sadiq Khan defended the controversial expansion of city’s vehicle emissions area, known as ULEZ, the Sunday Times reported. #press
South Africa Says Distribution Is ‘Albatross’ of Power System
South Africa’s electricity distribution system is “an albatross” beset by fighting between the national power utility and municipalities as the government takes steps to stabilize the grid, according to the electricity minister. #press
Austria Boosts Energy Windfall Tax as Profit Debate Lingers
Austria plans to adjust a windfall tax on oil and gas companies so that it kicks in at lower profit levels, part of efforts to contain public discontent over growing corporate earnings at a time of rising living costs. #press
US Military Crash, Jobs Report Ahead, and More
Source: Bloomberg, 5:39 #press
Riyadh Air to Focus on Flights to and From Saudi Arabia, FT Says
Riyadh Air, Saudi Arabia’s newest airline, plans to focus on flights to and from the kingdom, its chief executive officer told the Financial Times. #press
How Often Are People Getting Stuck With Long Covid?
Hi folks, it’s Kristen in New York. A reader wonders how common so-called long Covid really is. But before we get to that… #press
China Cuts Tax on Stock Trading to Boost Market Confidence
China lowered the stamp duty on stock trades for the first time since 2008, marking a major attempt to restore confidence in the world’s second-largest equity market. #press
Fortescue Adds Ex-CSIRO Chief Larry Marshall to Board, AFR Says
Fortescue Metals Group Ltd. added Larry Marshall, former chief executive of the Commonwealth Scientific and Industrial Research Organisation, to its board, the Australian Financial Review reported. #press
How London’s ULEZ Charge Became a UK Election Issue
In a special election last month, the governing UK Conservative party unexpectedly held on to former Prime Minister Boris Johnson’s parliamentary seat in west London, even as it suffered losses elsewhere. One big issue that helped motivate voters there: the plan by the city’s mayor — from the... #press
Sinopec Profits Shrink as Economic Woes Weigh on Fuel Demand
Sinopec’s first-half profits shrank amid lower oil prices and fuel demand being weighed down by China’s sluggish economic recovery. #press
Wall Street’s Hot Options Come to Europe. Will They Take Off?
The zero-day options trade that has taken Wall Street by storm will finally arrive in Europe next week, in a fresh test for the region’s long-struggling capital markets. #press
BOE’s Broadbent Warns UK Rates Need to Remain High for Some Time
The Bank of England will have to keep interest rates high for longer because inflation will not fade as quickly as it blew up despite recent drops in gas and producer prices, Deputy Governor Ben Broadbent said. #press
Saudi Arabia Signals Interest in Champions League Football Entry
Saudi Arabia is interested in discussions about joining Europe’s top football club tournament, the Champions League, as the kingdom spends hundreds of millions of dollars to attract some of the world’s best players and shake up the sport. #press
Raimondo in China and a Global Crop Crisis: Sunday Asia Briefing
What to expect in the week ahead. #press
Helicopter Carrying US Marines Crashes Off Australian Coast: Sky
A military helicopter carrying about 20 US marines crashed off the coast of Darwin in northern Australia on Sunday, Sky News Australia reported. #press
China’s Industrial Profits Drop Persists as Economy Weakens
The decline in China’s industrial profits eased in July, though the slowing economic recovery and deflation risks remain an overhang for the sector. #press
Racially Motivated Shooting, Florida Weather Situation, and More
Source: Bloomberg, 5:33 #press
Florida Weather Situation, College Endowment Gains, and More
Source: Bloomberg, 5:17 #press
Auto Workers May Strike, Student Loan Payment Info, and More
Source: Bloomberg, 4:20 #press