The Wall Street Journal
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Rajesh Roy
– Jul 3, 2020, 12:15 AM
New Delhi—TikTok, a popular short-video app, sought to distance itself from Beijing after India banned it and dozens of other Chinese mobile apps in retaliation for a deadly border clash last month. In response to the ban, which was given on…
The Wall Street Journal
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Mike Colias
– Jul 3, 2020, 4:00 AM
The Covid-19 pandemic has dinged the auto sector, but one part of the industry is faring better than it was before the crisis: used cars. Sales of used vehicles in the U.S. have roared back after dropping 38% in April, when states were shut down…
The Wall Street Journal
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Eun-Young Jeong
– Jul 1, 2020, 3:17 AM
Factories in Asia and Europe continued their return to normality in June as restrictions designed to contain the coronavirus were lifted, but weak demand still weighed on activity, according to surveys of purchasing managers. Manufacturing sectors…
The Financial Times
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Philip Georgiadis
– Jul 2, 2020, 11:47 PM
Land Securities has outlined plans to begin dividend payouts again from November as it charts its recovery from the pandemic. The property group, whose portfolio includes Deutsche Bank's new London headquarters, has become one of the first major UK…
The Financial Times
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Ortenca Aliaj in New York and Laurence Fletcher in London
– Jul 2, 2020, 4:18 PM
Large multi-strategy hedge funds have posted double-digit gains for the first half of the year, reversing losses from March, as markets defied the economic downturn brought on by the coronavirus pandemic. Citadel Advisors, Millennium Management and…