Comcast posts mixed results, weighed down by film studio, theme parks
Comcast reported second-quarter earnings that beat on earnings but missed on revenue due to tough comparisons for its film studio and theme parks.
Delivery Hero, Glovo targeted in EU cartel investigation
EU antitrust regulators have launched a probe into Delivery hero and Glovo on concerns the two firms may have taken part in an online food delivery cartel.
Porsche shares fall 5% after automaker cuts 2024 outlook on aluminium alloy shortage
Shares in automaker Porsche fell on Tuesday after the company cut its 2024 outlook, citing a shortage of special aluminium alloys.
Hungary told it can’t host EU gathering after the latest clash with Putin ally over Ukraine
Hungary has been stripped of the right to host the next high-profile gathering of EU foreign ministers, marking the latest clash between the bloc and Budapest.
Germany’s struggling construction sector is showing no signs of a recovery
The German construction sector is showing no signs of recovering, even after being in a crisis for months and despite pledges of support from the government.
An Asian city is named the safest destination in the world for travelers
Singapore is named the world’s safest city for tourists, according to recent research by Forbes Advisor.
U.S., Japan to hold high-level security talks on nuclear deterrence
Japan and U.S. ministers will discuss “extended deterrence”—U.S. nuclear protection for allies—during security talks on July 28.
Wiz walks away from $23 billion deal with Google, will pursue IPO
It would have been Google’s largest-ever acquisition, but the company has chosen to pursue an IPO rather than an acquisition.
South Korean court approves arrest warrant for Kakao founder
A South Korean court approved a request for a warrant to arrest the founder of Kakao Corp, on accusations of stock manipulation during a 2023 acquisition.
CNBC Daily Open: Wall Street looks past political uncertainty
S&P 500 clocks best day since early June. Republicans call on CrowdStrike CEO to testify. Buffett sell $1.5 billion BofA stake.
