BYD Aims for 50% Overseas Sales as It Posts Strong First Half

Chinese carmaker posted 33% jump in second-quarter net income BYD also building data centers to overcome security concerns BYD Co. expects overseas deliveries to account for almost half of total sales in the future, suggesting it will continue to set up global...

Australian Inflation Cools, RBA Set to Retain Hawkish Bias

Core consumer prices declined for a second month in July Australian government subsidies take effect this quarter A gauge of Australian monthly inflation cooled in July, suggesting price pressures began to ease in the current quarter though not fast enough to warrant...

Kroger Egg Pricing Turns Merger Trial Into Inflation Fight

Price increases on consumer items in spotlight at FTC hearing Agency challenging proposed deal between Kroger, Albertsons Kroger Co. hiked prices on milk and eggs more than needed to account for inflation, the company’s top pricing executive testified during a court...

S&P Election-Week Options Imply Greater Chance of Big Move Lower

Investors trying to gauge the sentiment toward equities around the US presidential election can now look directly at S&P 500 Index options linked to the period of the vote, in addition to Cboe Volatility Index futures. For months, there’s been a persistent premium...

Pfizer Follows Lilly With Site Selling Directly to Patients

While lawmakers assail drug prices, Pfizer embraces its brand Company struggles with post-Covid lull, bridge to new drugs Struggling with plunging demand for its Covid products, Pfizer Inc. has a new plan to reach potential customers: Using telehealth to sell drugs...

US Home-Price Gains Outpace Inflation With 5.4% Annual Increase

Listings are ticking up but affordability remains an obstacle In June, New York prices rose fastest, followed by San Diego Home-price gains in the U.S. slowed in June as buyers pulled back from the market while listings started to climb. A national measure of prices...