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TOKYO (AP) — Global markets are mostly lower after U.S. stocks took their biggest loss in almost a month, underscoring simmering worries about global economic growth. U.S. shares were set to drift lower, with Dow futures down 0.2 percent at 18,207. S&P 500 futures were also down 0.2 percent at 2,147.40.
HONG KONG (AP) — HSBC says its first-half profit declined 29 percent from a year earlier as uncertainty about China's economic outlook and Britain's relationship with the European Union fueled global market volatility. HSBC Holdings PLC says profit for the six months ending June 30 was $9.7 billion, or 32 cents per share, down from $13.6 billion in the same period of 2015. Revenue fell 10.5 percent to $29.5 billion.
LONDON (AP) — A closely watched monthly economic survey indicates the British economy is heading for a sizeable contraction in the third quarter in the wake of the country's decision to leave the European Union. At the same time, the 19-country eurozone economy appears to have brushed aside any of the negative fallout from so-called "Brexit" — at least so far.
TOKYO (AP) — Toyota's much ballyhooed plug-in hybrid Prius Prime is being pushed back by several months, with the new sales date set for late this year or early next year. Toyota says the launch dates are being delayed for Japan, but not for the U.S. and Europe because they were set to follow Japan from the start.
SAN FRANCISCO (AP) — In a big victory for Pacific Gas & Electric Co., a judge has cut nearly all of a potential $562 million fine against the giant utility. PG&E had been accused of violating safety regulations before a deadly natural gas pipeline explosion in California in 2010 and then obstructing investigators.
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