LONDON - Britain's economy picked up speed in the second quarter of 2015, when it expanded by 0.7 percent compared with the previous three-month period.
Volkswagen overtook Toyota in global vehicle sales for January-June, the first time the German automaker has come out top in the intensely competitive tallies.
Baidu Baidu reported results for its June quarter after the close of trading yesterday that were mostly in-line however guidance for the September quarter was a bit lower than Wall Street was expecting.
LONDON - The British oil giant BP said on Tuesday that it had lost $5.8 billion in the second quarter, reflecting a huge settlement over the 2010 Gulf of Mexico oil spill.
The French pharmaceutical giant Sanofi will pay at least $1.7 billion to enter a new collaboration with Regeneron Pharmaceuticals, this one aimed at developing drugs that harness the body's immune system to fight cancer.