Business

The bloom is back at Lee's Flower and Card Shop in Washington's historic U Street neighborhood, with an added touch: Blue, green, yellow and white origami cranes spelling out the words "Black Lives Matter" on the storefront window.

Israelbased Teva Pharmaceutical Industries reported a slightly smaller thanexpected fall in secondquarter profit on Wednesday, as higher profitability in North America partially offset lower profit margins in Europe.

In July, California regulators sued Cisco Systems Inc, accusing it of discriminating against an Indian-American employee and allowing him to be harassed by two managers because he was from a lower Indian caste than them.

Bookmaker William Hill reported lower firsthalf profit on Wednesday and said it was shutting 119 more shops as it shifts towards online betting and expansion in the U.S. market.

Japanese automakers' China sales grew by more than 10% from a year earlier in July as the world's biggest auto market sustained its recovery.

Bank of Ireland's shares rose by 10% on Wednesday as some signs of recovery from the coronavirus crisis outweighed a firsthalf pretax loss of 669 million euros ($790 million).

British new car registrations rose by an annual 11.3% in July, the only increase so far this year as showrooms across the whole of the United Kingdom were open for their first full month since lockdown measures eased.

Gold scaled an alltime peak on Wednesday, after topping the $2,000 mark in the previous session, spurred on by a weaker dollar, falling U.S. Treasury yields and expectations of more stimulus measures to revive a pandemicravaged economy.

The United Arab Emirates' nonoil private sector grew for only the second month this year in July, helped by the easing of coronavirus restrictions, a survey showed on Wednesday.

On a summer's evening, the streets of central London echoed to what has become a rare sound during the coronavirus pandemic: the chatter and laughter of diners seated at terrace tables.

Ralph Lauren Corp said on Tuesday its quarterly revenue plunged by nearly $1 billion, as it struggled with coronavirusled store closures and a slowdown in demand for luxury goods across the world.

Diageo Plc, the world's largest spirits maker, took a 1.3 billion pound writedown as it reported a bigger than expected decline in underlying net sales on Tuesday as demand for its whisky, vodka and gin fell in nearly all markets.

Recessionhit Argentina said on Tuesday it had reached a deal with three creditor groups to restructure $65 billion in defaulted sovereign debt.

Kuwaiti aircraft leasing company Alafco will buy fewer aircraft from Boeing after reaching an agreement to end its legal claim over a cancelled 737 MAX order, it said on Tuesday.

German fashion house Hugo Boss expects demand for suits and formal wear to return as coronavirus lockdowns ease even as it adjusts to the rising popularity of casual styles after sales tumbled 59% in the second quarter.

Japanese wireless carrier SoftBank Corp on Tuesday reported a 4% rise in firstquarter operating profit, beating analyst estimates, supported by its enterprise and internet businesses.