Ordering a car at a Didi Chuxing kiosk in Shanghai. Strict government rules in China have tripped up local and foreign internet companies alike, including ride-hailing services like Uber and Didi.
The return to the black after two periods of losses gave a lift to efforts by its chief executive, Tidjane Thiam, to turn around the Swiss bank.
Lloyds Banking Group said that the economic outlook for Britain was uncertain after the outcome of the June 23 referendum to leave the bloc, or “Brexit,” but that “a deceleration of growth seems likely.”
A car tower at the Volkswagen factory in Wolfsburg. The German automaker’s results rebounded in the second quarter, compared with the first three months of the year.