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Europe braces for another heatwave after hottest June

Bloomberg After a scorching weekend across the US east coast, it’s Europe’s turn to dial up the air conditioners and fans this week. Temperatures could rise as high as 34 degrees Celsius (93 Fahrenheit) by Wednesday in London and other parts of Britain, compared with about 21 Celsius now, according to the Met Office. Paris is forecast to be as ...

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Microsoft cloud software fuels sales, profit beat

Bloomberg Microsoft Corp rose to a record after topping quarterly sales and profit projections, fuelled by steady demand for cloud-computing services and a surprisingly strong Windows business. The company’s forecast promised robust growth will continue into next year. The software maker pledged “double-digit” percentage gains in sales and operating income for the year. Results are getting a boost from larger ...

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Boeing’s 737 Max charge is only end of the beginning

Boeing Co.’s willingness to put a price tag on its 737 Max crisis and set a firmer timeline for the plane’s return is a sign it sees those troubles as closer to being resolved. The risk is that the company is still the most optimistic one in the room. Boeing announced it would take a $4.9 billion after-tax charge in ...

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