Tesla's global sales fell for the second straight quarter despite price cuts and low-interest financing offers, another sign of weakening demand for the company's products and electric vehicles overall.

The Austin, Texas, company said Tuesday that it sold 443,956 vehicles from April through June, down 4.8% from 466,140 sold the same period a year ago. But the sales were better than the 436,000 that analysts had expected.

Egypt's new Cabinet was sworn in Wednesday as the country faces an ailing economy and raging conflicts in neighboring nations.

The new Cabinet, chaired by Prime Minister Mustafa Madbouly, who has been in office since 2018, included major changes, particularly in the defense and economy-related portfolios. Some ministers, including those in charge of police and tourism, remain in place.

Japan issued its first new banknotes in two decades Wednesday, yen packed with 3-D hologram technology to fight counterfeiting.

Prime Minister Fumio Kishida praised as "historic" the state-of-the-art anti-counterfeit traits of the new 10,000 yen, 5,000 yen and 1,000 yen bills.

Global shares were mostly higher on Wednesday after comments by Federal Reserve chief Jerome Powell raised hopes for interest rate cuts.

Speaking at a conference of central bankers in Portugal a day earlier, Powell gave a nod to improvements in inflation data after some disappointingly high readings early in the year. Investors hope inflation will slow enough to convince the Fed to lower its main interest rate, which has been sitting at its highest level in more than two decades and pressing the brakes on the economy.

One of France's biggest news channels, BFMTV, was bought by billionaire shipping magnate Rodolphe Saade after the takeover was approved by regulators.

Saade's CMA CGM Group announced the surprise buy-out of Altice Media, which owns BFMTV and the RMC radio station, in March for 1.55 billion euros ($1.66 billion).

Shares advanced on Monday in Europe, with the benchmark in Paris up 2.8% briefly after the far-right National Rally gained a strong lead in first-round legislative elections.

Other European markets opened higher, while most Asian markets also gained.

Surveys of Chinese factory managers showed a mixed outlook for the world's second-largest economy in June, with growth steady but not picking up much steam.

The China Federation of Logistics and Purchasing's official purchasing managers index, or PMI, remained at 49.5, the same as in May, on a scale up to 100 where 50 marks the cut off for expansion.

European Union regulators accused social media company Meta Platforms on Monday of breaching the bloc's new digital competition rulebook by forcing Facebook and Instagram users to choose between seeing ads or paying to avoid them.

Meta began giving European users the option in November of paying for ad-free versions of Facebook and Instagram as a way to comply with the continent's strict data privacy rules.

Signs reading "I'm buying dollars" line the doors of Víctor Vargas' shoe shop in the heart of Bolivia's biggest city, a desperate attempt to keep his family business alive.

Just a few years ago, the 45-year-old Vargas would unlock the doors at 8 a.m. to a crush of customers already waiting to buy tennis shoes imported from China. Now, his shop sits hopelessly empty.

Turkey on Friday welcomed a decision by an international watchdog to remove it from a so-called " gray list " of countries that have not fully implemented measures to fight money laundering and terrorism financing.

The announcement by the Financial Action Task Force in Singapore could bolster foreign investments in Turkey, which is trying to rebound from a deep economic downturn.