Business

BMW’s auto unit reported barely lower-than-forecast profitability within the second quarter as income was weighed by heightened competitors and weaker client sentiment in China. More

Rolls-Royce raised its full-year steering and stated it might reinstate dividends after its earnings jumped within the first half, lifting the inventory to a report excessive. More

ING raised its full-year forecast for whole earnings after its second-quarter outcomes beat expectations. More

Suppliers stated that many retailers on the buying platform have shut down factories and incurred money owed after it began imposing hefty penalties over what was deemed to be after-sales points. More

The firm additionally reported a $1.4 billion quarterly loss as the standard disaster in its industrial jet enterprise was compounded by troubles in its army enterprise. More

The airline canceled 1000’s of flights over a number of days in July. More

The Wall Street Journal undertook a complete evaluation of crash information, uncovering beforehand obscured particulars by combining closely redacted federal filings with native police data. More

Sales for Microsoft’s essential cloud enterprise fell simply wanting expectations final quarter, inflicting the tech big’s inventory to tumble throughout after-hours buying and selling amid investor jitters over the robustness of the AI increase. More

The veteran journalist says she plans to remain on the community in a brand new position. More

The state’s Supreme Court resolution preserves the gig-economy enterprise mannequin. More

The Birkin purse maker reported increased gross sales for the second quarter, with rich prospects serving to it defy a worldwide slowdown in demand that’s troubling the posh sector, however flagged indicators of weak point in China. More

Deal between the 2 grocery-store operators has confronted regulatory scrutiny because it was introduced in October 2022. More