Meta Platforms (META.O) second-quarter free cash flow was $784 million.

Bank of England central forecast shows annual inflation remaining above the 2% target until Q4 2027 as the energy-price shock passes through the economy. In a milder scenario the Bank expects inflation to fall below 2% by Q3 next year; in an adverse scenario its model projects inflation could rise above 4% in early next year and remain above 2% through 2029. Latest UK data showed annual inflation fell to 2.6% last month, a larger decline than expected.

BMW CEO said Q1 and Q2 results were unsatisfactory.