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BusinessYahoo FinanceTesla's US EV market share dips below 50% in Q2 as Ford, Kia, BMW see growth
As EV sales continue to grow in the US, albeit at a slower pace than expected, Tesla’s share of the market dipped below a key level as improved competitor EV offerings hit showroom floors.
BusinessBloombergUK Plans to Unveil Wealth Fund Structure at Global Investment Summit
(Bloomberg) -- The new Labour government under Prime Minister Keir Starmer is looking to firm up a structure for the UK’s National Wealth Fund in time for an investment summit planned for the autumn, in a bid to showcase the initiative to an international audience.Most Read from BloombergSaudis Warned G-7 Over Russia Seizures With Debt Sale ThreatModi’s Embrace of Putin Irks Biden Team Pushing Support for KyivSaudi Prince’s Trillion-Dollar Makeover Faces Funding CutbacksArchegos’ Bill Hwang Conv
BusinessBloombergEmerging-Market Currencies Hit Highest Since May on US CPI Data
(Bloomberg) -- Emerging-market currencies jumped to their highest since May after US consumer prices unexpectedly fell in June, cementing bets that the Federal Reserve will cut interest rates soon. Most Read from BloombergSaudis Warned G-7 Over Russia Seizures With Debt Sale ThreatModi’s Embrace of Putin Irks Biden Team Pushing Support for KyivSaudi Prince’s Trillion-Dollar Makeover Faces Funding CutbacksArchegos’ Bill Hwang Convicted of Fraud, Market ManipulationBiden Aides to Meet Senators Aft