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'kamala IS brat': Pop world backs Harris
The pop world has coalesced rapidly around Kamala Harris's last-minute candidacy, as the US vice president gets a boost from an online explosion of videos mixing her speeches with hit songs.
Coca-Cola lifts full-year forecast after profits top estimates
Coca-Cola raised some of its full-year financial projections Tuesday as it reported better-than-expected profits, pointing to a lift from premium products that countered weakness in some markets. The soda giant reported profits of $2.4 billion in the second quarter, down five percent from the year-ago period.
French luxury giant LVMH half-year net profit drops 14%
The world's largest luxury group, LVMH, said Tuesday its half-year net profit slid 14 percent amid an uncertain geopolitical and economic environment. "The results for the first half of the year reflect LVMH's remarkable resilience... and the responsiveness of its teams in a climate of economic and geopolitical uncertainty," said chief executive Bernard Arnault.
Strong US sales boost GM results as it slows some EV plans
General Motors reported higher profits Tuesday behind another round of strong North American auto sales, with executives vowing a flexible approach to electric vehicle (EV) investment while demand growth ebbs. North American auto sales rose compared with the year-ago period, with the company enjoying still-strong vehicle pricing that has lasted longer than analysts expected.
'Assassin's Creed' makers defend 'creative liberties' in black samurai row
The makers of "Assassin's Creed" defended their "creative liberties" on Tuesday after nearly 100,000 people signed a petition launched in Japan against the introduction of a new black samurai character. It was signed by some 95,000 people as of Tuesday.
L'Occitane to exit Hong Kong stock exchange
French luxury beauty products firm L'Occitane said Tuesday its shares would be removed from the Hong Kong stock exchange after a public offer had received sufficient support. L'Occitane listed its shares in Hong Kong in 2010, raising more than $700 million, thanks to optimism over the booming Chinese consumer market.
Internet blackout paints dark picture for Bangladesh call centres
Hundreds of thousands of Bangladeshis work in outsourcing firms and the industry generates billions every year, but executives fear the internet shutdown imposed by authorities seeking to quell anti-government protests threatens its entire existence.
June US home sales slower than expected, prices hit fresh high
US existing home sales dropped more than expected in June, according to industry data released Tuesday, while the median price hit a new high. Meanwhile, the median sales price hit an all-time high for a second straight month, reaching $426,900 in June.
BBC to axe 500 more jobs in bid to be 'more agile'
The BBC is to axe 500 jobs over the next 20 months in a bid to save £200 million ($258 million) and become a "leaner, more agile organisation," the British public service broadcaster announced Tuesday. "We also need to consider how best to fund the BBC in the long term to secure all the benefits of universal public service broadcasting in the future."
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