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Swiss Inflation Edges Lower After Energy Prices Cool — Update

By Ed FranklSwiss inflation edged lower in June, the first decline since higher energy prices prompted prices to accelerate after the outbreak of the war in Iran.The annual rate of inflation was 0.5%, lower than the 0.6% of both April and May, Swiss data agency FSO said Thursday. Inflation in the p…

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EconomyForex
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U.K. Could Relax Fiscal Rules to Meet Rising Spending Needs — Market Talk

The U.K. government could ease current fiscal policies due to near-term spending pressures on defense and energy, UBS Global Research economists say in a note. Andy Burnham, the frontrunner to succeed Keir Starmer as prime minister, this week announced his economic policies. Burnham's plan to grow…

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Economy
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Beijing Says Pilot Who Crashed Into Skyscraper Had Suicidal Thoughts — WSJ

By Chun Han WongChinese authorities said the pilot of a light aircraft that crashed into Beijing's tallest building last week had contemplated ending his life, portraying an incident that exposed security risks in the highly protected capital as the result of personal, not political, motivations.In…

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LVMH Can Book an Encouraging 1H — Market Talk

LVMH can ride out this year's initial turbulence, UBS's Zuzanna Pusz and Robert Krankowski write in a note to investors. The luxury group has, like its peers, seen some volatility from the Middle East conflict in the first half of the year. But financial results for the half-year should show signs…

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StocksFR
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Tesla Deliveries Need to Beat Expectations to Lift the Stock — Barrons.com

By Al RootTesla reports second-quarter delivery results on Thursday. They need to be good.Coming into the report, shares were up 12% for the week, seemingly rising alongside expectations of a positive delivery number. Wall Street expects about 406,000 cars to be sold, but more recent estimates, inc…

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StocksUS
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Halma Continues to Execute Acquisition Strategy Effectively — Market Talk

Halma's latest acquisitions strengthen its healthcare portfolio in attractive, fast-growing markets, UBS analysts say in a research note. The deals complement the U.K. maker of health and safety equipment's existing businesses by expanding its capabilities in digital hospital management and precisi…

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StocksGB

CMA CGM Buys FedEx Supply Chain; Kroger's Bet; USMCA Fate

Sponsored byCMA CGM Buys FedEx Supply Chain; Kroger Bets on the East; U.S. Won't Extend USMCA By Mark R. Long | WSJ Logistics ReportFrance's CMA CGM is acquiring FedEx Supply Chain for $1.4 billion in a deal that extends the world's No. 3 container line's reachinto the growing market for third-part…

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