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Jaguar Land Rover, Daimler hit by microchip shortage

Automakers struggle to meet demand in face of global chip shortage

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Staff of India's Jet Airways begin voting on revival plan

The airline's employees should accept the consortium’s plan or lose benefits under it

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India’s indirect tax collection for June falls to lowest in 10 months

Goods and Services Tax revenues fell below INR 1 trillion for the first time in nine months

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India's bank index gains on hopes of economic growth

After a muted loan growth for the quarter ended June 30, banks expect better credit demand

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Back end of semi trailers
China crackdown hits US-traded Didi, Full Truck Alliance and Kanzhun

Didi down 5% on NYSE two days after launch

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PMI graphic
Services activity in India slumps to an 11-month low, data shows

India's services purchasing managers' index dips to 41.2 in June, fastest reduction in 11 months

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India's HDFC Bank reports 14.4% rise in total loans

Country's largest private sector lender reports robust lending and deposits data

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Didi labs building exterior
Chinese government review has Didi stock on its heels

Didi to undergo cybersecurity inspection

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Gold bars with indicator that prices are going up
US jobs report yields record highs for S&P 500 and Nasdaq

Gold jumps as job numbers surpass expectations, while bonds fall

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US employment rate crawls to 5.9%, despite 850,000 new jobs

Leisure, hospitality see biggest employment gains

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Krispy Kreme IPO
Sweet! Krispy Kreme’s tepid second IPO launch ends day up 23.5%

The US doughnut maker and coffeehouse ended the day at $20.95

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SentinelOne software company headquarters Silicon Valley
Strong US debut for SentinelOne

SentinelOne exceeded its own expectations, rising 21% in its market debut

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India’s April-May fiscal deficit was 8.2% of full-year target

Net April-May tax receipts were INR2.3trn, while government expenditure was INR4.8trn

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Cell phone screen showing Didi app.
China's Didi raises $40bn from US markets in initial share sale

Share prices of the Beijing-based company saw $2-rise from that of its initial public offering

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Cell phone screen showing Bed, Bath & Beyond logo.
Bed Bath & Beyond reports losses amid improved 2021 outlook

Second quarter looks stronger for housewares retailer

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