U.S. construction spending gain smallest in five months
WASHINGTON, (Reuters) – U.S. construction spending barely rose in June as private outlays posted their biggest drop in a year, but the underlying trend suggested the economy remained on solid ground.
U.S. factory activity rises slightly in July: Markit
NEW YORK, (Reuters) – Growth in the U.S. manufacturing sector edged up in July, according to an industry report released on Monday.
U.S. manufacturing sector growth slows in July: ISM
NEW YORK (Reuters) – The pace of growth in the U.S. manufacturing sector slowed in July and disappointed expectations, according to an industry report released on Monday.
Hyundai Motor U.S. July sales up 6 percent at 71,013 vehicles
DETROIT (Reuters) – Hyundai Motor Co said its U.S. July sales set a company record at 71,013 vehicles, up 6 percent.
Fiat Chrysler recalls 332,000 Dodge Chargers due to air bag issue
DETROIT (Reuters) – Fiat Chrysler Automobiles said over the weekend it is recalling about 322,000 Dodge Charger sedans in North America because side air bags can deploy when a car door is slammed.
Stock futures little changed ahead of raft of data
(Reuters) – U.S. stock index futures were little changed on Monday as investors await another batch of earning reports and a raft of economic data.
Tyson Foods cuts profit forecast on weak beef business
(Reuters) – Tyson Foods Inc , the biggest U.S. meat processor, cut its profit forecast for the year ending September, citing export market disruptions in its beef business and high cattle costs.
HSBC sells up in Brazil as profits jump on Hong Kong boom
HONG KONG/LONDON (Reuters) – HSBC Holdings beat expectations with a 10 percent rise in first-half profit thanks to a strong performance in Hong Kong and has agreed a $5.2 billion sale of its business in Brazil.
Greek stocks bashed on return, China woes go on for commodities
LONDON (Reuters) – The Greek stock market slumped when it reopened on Monday after being shut down for five weeks, while weak data from China helped push oil prices to their lowest in six months and Asian stocks close to their 2015 lows.
German carmakers buy Nokia maps to fend off digital rivals
FRANKFURT (Reuters) – German carmakers BMW , Audi and Mercedes , will pay around 2.5 billion euros ($2.8 billion) to buy Nokia’s maps business, beating out high-tech rivals for location services seen as key to the future of self-driving cars.
