GameStop, Aceto fall sharply in U.S. trading, while Rackspace Hosting gains
NEW YORK (AP) -- Stocks that moved substantially or traded heavily on Friday:...

US economy grew at sluggish 1.1 percent annual pace in April-June quarter, slightly below earlier estimate
WASHINGTON (AP) -- The U.S. economy expanded at a sluggish 1.1 percent pace this spring as businesses sharply reduced their stockpiles of goods and spent less on new buildings and equipment. Yet most analysts forecast much faster growth in the summer and fall, fueled by healthy consumer spending....

New Zealand's national airline has posted a record profit thanks to a surge in tourism and lower fuel costs, but warns it expects increased competition from other international carriers in the year ahead
WELLINGTON, New Zealand (AP) -- New Zealand's national airline has posted a record profit thanks to surging tourism and lower fuel costs, but warns it expects increased competition from rival international carriers in the year ahead....

What if you can't stand the idea of being just average? Two important factors can help determine whether an actively managed fund will beat the market.
NEW YORK (AP) -- It's perhaps the most contrarian move in investing today: Trust a stock picker....

A closely watched survey shows that business confidence in Germany, Europe's biggest economy, has dropped unexpectedly as managers' assessment of both the outlook and their current situation darkens
BERLIN (AP) -- Business confidence in Germany, Europe's biggest economy, has dropped unexpectedly as managers' assessment of both their current and future situations darkened following Britain's decision to leave the European Union, a survey showed Thursday....

Officials have revised Spain's economic growth figure for the second quarter upward from 0.7 percent to 0.8 percent, welcome news for a country in its eighth month without a fully functioning government
MADRID (AP) -- Officials have revised Spain's quarterly economic growth figure for the April-June period upward, from 0.7 percent to 0.8 percent, welcome news for a country in its eighth month without a fully functioning government....

Kenya's president signs law to cap banks' interest rates for lending, deposits
NAIROBI, Kenya (AP) -- Kenyan President Uhuru Kenyatta says he has signed into law a bill that caps interest rates for bank lending and deposits....

Swiss commodities producer Glencore says it narrowed its net loss in the first half of 2016, after paring down billions of dollars' worth of assets to slash debt amid a difficult market for commodities prices
GENEVA (AP) -- Swiss commodities producer Glencore says it narrowed its net loss in the first half of 2016, after selling billions of dollars' worth of assets to slash debt as global economic concerns soured the market for raw materials....

Qantas Airways Ltd. has posted a record full-year profit of 1.53 billion Australian dollars ($1.1 billion) after undergoing a cost-saving restructuring
SYDNEY (AP) -- Qantas Airways Ltd. posted a record full-year profit of 1.53 billion Australian dollars ($1.1 billion) on Wednesday, after undergoing a cost-saving restructuring amid steep losses just two years ago....

Best Buy's profit has jumped 21 percent for the second quarter
NEW YORK (AP) -- Best Buy's profit jumped 21 percent as the nation's largest consumer electronics retailer increased sales online and tried to create a better shopping experience in the stores while it also cut costs....

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