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UPS shares hit three-month low on worries e-commerce is cooling

UPS is reserving planes and other equipment needed for the expected surge

Saudi Arabia threatens three-year travel ban on 'red list' countries

The kingdom, the largest Gulf state with a population of some 30 million, on Tuesday recorded 1,379 new Covid-19 infections

Britain revises SPAC rules to attract listings to London market

SPACs list on an exchange and must use the proceeds to buy an existing or target company within a set timeframe

Walmart to pay college, book costs for full and part-time employees

By Hilary Russ

Global exchange-traded funds draw record inflows in first half of 2021

Equity ETFs secured $490.65 billion or 76% of the total inflows, while bond ETFs received $136.6 billion

CDC set to unveil revised mask guidance for vaccinated Americans: Report

The CDC also said in May fully immunized people would not need to physically distance in most places.

US stock markets open slightly lower ahead of big tech earnings

The Dow Jones Industrial Average (.DJI) fell 65.41 points, or 0.19%, at the open to 35,078.90.

Apple's iPhone expected to drive sales, but App Store faces regulatory risk

Analysts expect Apple's services sales to rise 24.1% to $16.33 billion, more than a fifth of its expected overall sales of $73.30 billion, according to IBES data from Refinitiv as of July 26.

Oil prices edge higher as tight supply outweighs coronavirus spread

Brent crude futures rose 23 cents, or 0.3%, to $74.73 a barrel by 1150 GMT

Flipkart to challenge Karnataka HC order on CCI probe in SC: Report

The High Court in Karnataka state last week dismissed cases filed by Amazon and Flipkart which sought to quash the Competition Commission of India's (CCI) 2020 investigation

Tencent's WeChat suspends new user registration for security compliance

Shares in Tencent plunged 9.0% in Hong Kong on Tuesday

Asian stock markets decline to seven-month low amid China jitters

MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.97% to its lowest level since December, having slid 2.45% the previous day.

China's net gold imports via Hong Kong rebound in June, jumps nearly 42%

Net gold imports via Hong Kong to China, the world's top consumer of the metal, stood at 30.887 tonnes in June compared with 21.781 tonnes in May, the data showed.

Amazon eyes potential stake in Indian film, media biz; Inox denies report

Amazon.com Inc's India arm is in talks with several domestic players in film and media distribution including cinema chain Inox Leisure Ltd for a potential stake, the Indian Express newspaper reported

Tesla posts record profits, offers muddy outlook for batteries, Cybertruck

For the first time since late 2019, Tesla profits did not rely on sales of environmental credits to other automakers, a sign of increasing financial health for the manufacturing operation.

Gold stuck in narrow range as investors focus on US Fed's meeting this week

Spot gold was flat at $1,797.71 per ounce by 0324 GMT. US gold futures fell 0.1% to $1,797.70 per ounce.

Joe Biden, Kadhimi seal agreement to end US combat mission in Iraq

The agreement comes at a politically delicate time for the Iraqi government and could be a boost for Baghdad

China's industrial profit growth slows in June on high raw material prices

Industrial firms' profits rose 20% year-on-year in June to 791.8 billion yuan ($122.27 billion), data from the National Bureau of Statistics showed on Tuesday, after a 36.4% increase in May.

ShareChat raises $145 mn from Temasek, others at near $3 bn valuation

The funding signals growing fascination for Indian content-sharing and short-video apps.

Asia equities tick up, as investors look to the US; Nikkei rises 0.58%

By Alun John