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Deliveroo slips back into loss on DoorDash takeover costs
Deliveroo slips back into loss on DoorDash takeover costs
by  AFP

Food delivery app Deliveroo on Thursday reported that it fell back into a loss in the first half of 2025, citing costs related to its takeover by US rival DoorDash. DoorDash, which already operates in over 30 countries, is the largest food delivery app in the United States.

US tariffs prompt Toyota profit warning
US tariffs prompt Toyota profit warning
by  AFP

US tariffs prompted Japanese auto giant Toyota on Thursday to cut its annual net profit forecast by 14 percent. - Tariffs hit forecasts - The results come after Honda said Wednesday its net profit had halved in the first quarter because of US tariffs, although it upgraded its annual profit forecast due to the deal with Washington.

China says trade jumped in July, beating forecasts
China says trade jumped in July, beating forecasts
by  AFP

China's exports beat expectations and rose 7.2 percent year-on-year in July, official data showed Thursday, as overseas shipments buoyed its struggling economy even as it navigated a shaky trade war truce with the United States. But the figures also showed that China's exports to the United States, its largest trading partner, continued to fall, sinking 6.1 percent from the previous month.

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