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European car sales fall 7.9% in June, resume downward spiral

Bloomberg European car registrations fell sharply in June, resuming a downward spiral this year that has seen profit warnings at German manufacturer Daimler AG and a quarterly automotive division loss at rival BMW AG. Sales dropped 7.9 percent to 1.49 million cars, the European Automobile Manufacturers’ Association said, the worst monthly decline since December. France and Spain had falls of ...

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Blue Apron surges most on Beyond Meat partnership

Bloomberg Blue Apron Holdings Inc rallied the most since going public two years ago after announcing a tie-up with a hot brand: Beyond Meat Inc. The struggling meal-kit company will begin introducing products from the alternative-meat startup on its menus in August, New York-based Blue Apron said in a statement. The shares rose as much as 78 percent, their biggest ...

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House rebuke of Trump for racist tweet unites Democrats

Bloomberg The Democratic-led House responded to Donald Trump’s sustained attacks on four female Democratic lawmakers by taking the extraordinary step of rebuking the president for racism. The resolution — backed by all 235 Democrats, four Republicans and one independent — accused the president of having “legitimised and increased fear and hatred of new Americans and people of colour,” a serious ...

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