Asian Currencies Edge Higher as Soft US Inflation Weighs on Dollar 
US Dollar Holds Firm as Fed Outlook and Iran Tensions Keep Markets on Edge 
Nvidia’s $500 Billion AI Infrastructure Push Wins Morgan Stanley Support 
Aviva First-Half Operating Profit Jumps 24% as Direct Line Deal Boosts Growth 
S&P 500 Retreats From Record High as AI Stocks Slide, Retail Sales Disappoint 
Morgan Stanley Sees Fed Holding Rates as U.S. Inflation Cools 
US Dollar Slips as Weak Retail Sales Reduce Fed Rate Hike Bets 
Micron Stock Upgraded to Buy as New Street Sees $2 Trillion Valuation Potential 
Japan Economy Grows 1.1% in Q2 as Consumer Spending Stalls 
Oil Prices Fall as U.S. Crude Inventories Surge and Hormuz Tensions Persist 
Asian Stocks Rally as Cooling US Inflation Boosts Fed Rate Outlook 
China Automakers Accelerate Global Expansion as Domestic Car Sales Slump 
Paramount Skydance Clears Regulatory Hurdles for Warner Bros. Discovery Deal 
SMIC Shares Rally as Q2 Profit Surges 262% on Strong Chip Demand 
NAB Q3 Cash Earnings Rise 2% as Lower Credit Charges Boost Profit 
Anthropic Eyes $6B Decart AI Acquisition Ahead of Mega IPO 
Ferrari Luce EV Sells for Record $40 Million at Charity Auction 
Add as a preferred source on Google
Volvo Car AB had acquired 13.5 percent of its autonomous driving (AD) software development subsidiary Zenseact from ECARX, to make it the AD software company a fully owned subsidiary of the Swedish automaker.
According to Volvo, Zenseact will continue to remain and operate as a standalone company.
Volvo added that the ongoing collaboration discussions between Zenseact and ECARX will continue as planned.
ECARX strategically invested in Zenseact in 2021. from where it asked for a 15 percent shareholding in the software firm.
