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Turkey Economy Shows Signs of Cooling
Turkish economic growth lost pace in the second quarter, a sign that restrictive monetary policy is cooling overheated activity that caused inflation to surge.
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Atos Cuts Outlook on Softer Market as Clients Await Outcome of Rescue Plan
Atos warned of a worse performance than previously expected as clients cancel and delay contracts with the debt-ridden IT company, which now expects softer market conditions in the years ahead.
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China EV Sales Rise on Government Subsidies, Inventory Buildup
Chinese electric-vehicle makers reported stronger sales and deliveries in August, thanks to Beijing’s expanded trade-in program and dealers building inventories for the September and October peak season.
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China Property Slump Spurs Local Governments’ Quest for Cash
China’s property crisis has hit local governments hard, drying up a key source of income as land sales crumble.
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Sanofi MS Drug Meets Trial Goal of Reducing Disability
Sanofi’s experimental multiple sclerosis drug has shown promising results in a late-stage trial, delaying disability progression in patients and paving the way for discussions with regulators about potentially bringing it to market.
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Hardened Voter Pessimism About America’s Trajectory Begins to Soften
WSJ poll finds that the share who say the U.S. is headed in the right direction is the highest since at least 2021.