WASHINGTON, July 1 (Reuters) - The U.S. Justice Department said on Wednesday that Alibaba ( BABA ) and AUS Merchant Services have agreed to pay $600 million to resolve allegations that they failed to prevent illegal sales of pharmaceuticals. Alibaba ( BABA ) did not immediately respond to a request for comment. ...

July 1 (Reuters) - Robinhood said on Wednesday it plans to launch crypto trading in the UK and broadened its perpetual futures offering in Europe beyond cryptocurrencies. Here are some details: -- Eligible European investors will now be able to trade perpetual futures tied to commodities, ETFs and foreign exchange markets, including gold, silver, crude oil and the euro-dollar pair,...

02:52 PM EDT, 07/01/2026 (MT Newswires) -- General Motors' ( GM ) US vehicle sales fell year over year in the second quarter, with the automaker attributing the decline in part to a smaller electric vehicle market. Sales decreased 4.2% annually to 714,896 vehicles in the June quarter. The company said Wednesday the performance reflected a smaller EV market, discontinued...

July 1 (Reuters) - Franco-German defence group KNDS said on Wednesday it has put its plans to list on hold until markets return to more favourable conditions. ...