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US equity funds attract inflows, defying a tech selloff

GRAPHIC-US equity funds attract inflows, defying a tech selloff July 26 (Reuters) - U.S. investors continued to pump money into equity funds in the seven days to July 24, shrugging off a technology sector selloff to focus on robust corporate earnings and the possibility of upcoming Federal Reserve interest rate cuts. According to LSEG data, investors acquired U.S.
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Vivendi posts H1 growth helped by Lagardère consolidation, Havas

Vivendi posts H1 growth helped by Lagardère consolidation, Havas By Olivier Cherfan and Gianluca Lo Nostro July 25 (Reuters) - French media conglomerate Vivendi VIV.PA reported a 39.3% rise in first-half adjusted operating profit to 619 million euros ($672.30 million) on Thursday, helped notably by consolidation of the publishing group Lagardère and growth in advertising business Havas.
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UMG pays steep price for platform addiction

BREAKINGVIEWS-UMG pays steep price for platform addiction The author is a Reuters Breakingviews columnist. The opinions expressed are his own. By Pierre Briancon LONDON, July 25 (Reuters Breakingviews) - Cheeky economists may debate the impact of Taylor Swift’s concerts on some countries’ GDP, but the success of her latest album wasn’t enough to prevent a market rout for Universal Music Group UMG.AS , her record company.
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UMG Q2 revenue beat offset by subscription and streaming headwinds

UPDATE 2-UMG Q2 revenue beat offset by subscription and streaming headwinds Recasts with subscription slowdown, termination of Meta deal July 24 (Reuters) - Universal Music Group UMG.AS , the label representing Taylor Swift, BTS and Drake, on Wednesday recorded higher than expected second quarter sales, which was offset by a slowdown in the subscription and streaming segment.
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European regulators crack down on Big Tech

FACTBOX-European regulators crack down on Big Tech Updates with Spanish antitrust probe on Apple July 24 (Reuters) - European regulators have launched a series of probes into Big Tech in recent years. Here are some of the actions taken by European watchdogs against big technology companies: EUROPEAN UNION Apple AAPL.O settled an EU antitrust probe and will open its tap-and-go mobile payments system to rivals, EU antitrust regulators said on July 11. It faces three investigations under the Digita
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