World Business

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  Study of just 25 patients is worth billions to weight-loss market

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  Porsche cuts outlook on revenue and EV sales

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  Coca-Cola raises its full-year outlook thanks to price hikes

• Joe Biden

  Joe ​Biden’s exit casts doubts over ‘Trump trade’ as US poll is reset

  

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  ‘Contrite’ Boeing keeping a low profile at UK’s biggest air show

  

• John Mulligan

  Ryanair wins US screen-scraping case against Booking.com

  

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  Christine Lagarde and ECB leave issue of September rate cut ‘wide open’

  

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  Changing US political mood and European crackdown on greenwashing to blame for slump in ESG fund launches

  

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  Assets in actively managed ETFs on course to hit $4trn

  

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  EU moves closer to slapping tariffs on Chinese EVs

  

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  UK trade minister seeks better access to EU market

  

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  Burberry hires new chief executive after sales fall 21pc

  

• Ryanair

  Ryanair legal action against Booking.com entities to begin in the US today

• Emmanuel Macron

  French union boss calls for strike to put pressure on Emmanuel Macron before Olympics begin

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  Consumer prices in the US fall for the first time since the Covid pandemic

• Microsoft

  Microsoft drops OpenAI board role to ease competition concerns

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  Dyson to slash 1,000 jobs in UK under cost-cutting plan

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  Novo Nordisk shares fall as rival firm’s weight drugs emerge

• Paramount+

  Paramount deal marks rise of a new Hollywood player

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  UK’s Labour government likely to stall NatWest retail shares sale

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  Markets ‘should brace for a stocks correction of 10pc’

• Donal O'Donovan

  Labour’s promised house-building boom lifts London shares as new UK government takes charge

• John Mulligan

  Teneo liquidators of Russia’s Ireland-based firm GTLK receive €11.6m in fees to date

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  Ex-Irish Aviation Authority boss Diarmuid Ó’Conghaile named Wizz Air COO

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  Nike shares fall by 18.6pc as poor sales impact investor confidence

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  BNP Paribas lawyer is refused €1.5m payout after being fired for using racial slur

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  Levi Strauss stock plummets by up to 18pc after sales fall short of market expectations

• Artificial intelligence (AI)

  Irish co-founded AI music app Udio fights its corner as major record labels come together to sue them over copyright claims

• ECB

  High inflation knocks back Bulgaria’s attempt to join single currency

• John Mulligan

  Ryanair’s US court showdown with Booking.com is expected to go ahead

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  Global bank boss warns lenders can’t cut off fossil-fuel sectors

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  Norway to stockpile grain as guard against catastrophes