Facebook parent Meta posts strong revenue growth amid restructuring
Shares rise as social media company’s quarterly results beat analysts’ expectationsSocial Media
Twitter CEO Linda Yaccarino courts Hollywood in push for star power
Social media app’s new chief meets with agents at leading talent agencies amid controversy over rebrandingSocial Media
Airbus and Boeing stick with plans for increased output
Buoyant demand for bestselling jets despite supply chain problems hitting productionAircraft manufacturing
Volkswagen invests $700mn in China’s Xpeng to boost faltering car sales
German group’s 5% stake will give it one seat as an ‘observer’ on Chinese carmaker’s boardElectric vehicles
Stellantis to deepen cost cuts to fend off Chinese carmakers’ ‘invasion’ in Europe
Fiat owner posts record first-half revenues but chief executive warns Chinese EVs are 25% cheaperElectric vehicles
Amazon proposes changes to appease UK competition regulators
US tech giant addresses CMA concerns with proposed measures for third-party sellers on its marketplace platformEcommerce
Greek wildfires and your holiday rights
Holidaymakers heading to Rhodes and Corfu this summer could struggle to get a refund Travel & leisure industry
Out of office: the rise of the ‘workcation’
Companies including Google and Citibank are allowing staff to work from other locations in summerWork-life balance
PacWest/Banc of California: how banks can be rescued without government-brokered windfalls
Beverly Hills-based regional lender is valued at just $1bn — but at least its shareholders aren’t stuck with zeroMergers & Acquisitions
The Lex Newsletter: tech’s magnificent seven ride to the rescue
Top technology groups are leading the US market rally but AI development offers both potential and pitfallsArtificial intelligence