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  • Business
    Bloomberg

    Bubble-Tea Maker Chabaidao Slumps 27% in HK’s Biggest 2024 Debut

    (Bloomberg) -- Chinese bubble-tea maker Sichuan Baicha Baidao Industrial Co. plunged 27% in its trading debut in Hong Kong, the latest setback for the city as it attempts to revive its moribund financial markets.Most Read from BloombergRay Dalio’s Famous Trade Is Sputtering, Investors BailingTrump Has Only $6.8 Million for Legal Fees With Trial UnderwayZimbabwe’s ZiG Wipes Out 330% Stocks RallyRussians Transform Dubai as They Flee Putin’s War: Photo EssaySea Billionaire’s Wife to Buy Singapore M

  • News
    Bloomberg

    Bolivia’s Boom Has Turned to Bust, Fueling an Unlikely Presidential Comeback Bid

    (Bloomberg) -- In the thin air of El Alto, just below the Andean snowline, shoppers hunt for bargains at stalls selling cheap shoes, school books, cookware or counterfeit clothing.Most Read from BloombergRay Dalio’s Famous Trade Is Sputtering, Investors BailingTrump Has Only $6.8 Million for Legal Fees With Trial UnderwayZimbabwe’s ZiG Wipes Out 330% Stocks RallyRussians Transform Dubai as They Flee Putin’s War: Photo EssaySea Billionaire’s Wife to Buy Singapore Mansion for $31 MillionSigns of B

  • Business
    Bloomberg

    UK Recovery From Recession Gains Pace as PMI Beats Forecast

    (Bloomberg) -- The UK economy’s recovery from recession unexpectedly gathered pace at the start of the second quarter as private-sector firms reported the strongest growth in almost a year.Most Read from BloombergRay Dalio’s Famous Trade Is Sputtering, Investors BailingTrump Has Only $6.8 Million for Legal Fees With Trial UnderwayZimbabwe’s ZiG Wipes Out 330% Stocks RallyRussians Transform Dubai as They Flee Putin’s War: Photo EssaySea Billionaire’s Wife to Buy Singapore Mansion for $31 MillionS

  • Business
    Reuters

    Tesla shares edge higher ahead of quarterly results

    The stock was up 0.7% at $143 in premarket trading ahead of the report, due after the close of trading. CEO Elon Musk will likely face pointed questions from investors during the post-results conference call about the fate of the so-called Model 2, a low-cost vehicle he had promised in January would be available in 2025. Reuters exclusively reported earlier this month that Tesla had scrapped plans for the model and shifted focus to building a self-driving robotaxi on the same small-car platform.