Tesla short-sellers have been getting creamed, but they’re still betting against Elon Musk anyway
Even as Tesla shares rally, short-sellers believe Elon Musk can’t raise new equity or debt.
Equitable Life is sold for £1.8bn
Eighteen years after its near-collapse, the insurer is being bought by Life Company Consolidation Group.
Merkel’s position as German leader is under threat over an immigration split
The situation is said to be on a “knife-edge” as right-wing pressure threatens to break the country’s grand coalition.
EY CEO: It’s ‘dangerous’ that Trump’s business councils disbanded
EY CEO Mark Weinberger said President Trump was an “open” and “verbal” learner.
A record-breaking 23 people want to be the next president of Zimbabwe
This is the highest number of candidates in an election since the country gained independence from the U.K. in 1980.
Trump to slap 25% tariffs on up to $50 billion of Chinese goods; China retaliates
Trump says he’s taking the action “in light of China’s theft of intellectual property” and “other unfair trade practices.”
East Yorkshire factory wins £1.5bn Tube train deal
London Underground orders 94 new trains as part of an upgrade to the Piccadilly Line.
Google diversity figures show little change
The tech giant’s new reports reveals that fewer than 30% of its global staff are women.
The secret world of horse racing
Referred to as the sport of kings, horse racing has been part of British society for more than 400 years. CNBC’s Tom Chitty attempts to shine a light on a sport fueled by money that for many is shrouded in mystery.
Molotov cocktails and state-led violence: How Nicaragua is slipping into Venezuela-crisis territory
The Central American nation of 6 million has been rocked by popular protests and state-level violence since mid-April.