Reuters Morning Digest: August 5, 2019

Click to View in Browser Monday, August 5, 2019 China lets yuan break key 7 level for first time in decade as trade war worsens China let the yuan breach the key 7-per-dollar level on Monday for the first time in more than a decade, in a sign Beijing might be willing to tolerate more currency weakness that could further inflame a trade conflict with the United States. Germany: We are prepared for all Brexit scenarios but want to get a deal The German government is prepared for all possible scenarios regarding Britain's expected departure from the European Union, a spokeswoman said on Monday, adding that Berlin was still aiming to secure a Brexit deal. Elliott calls for break-up and bigger buyback at Germany's Scout24 U.S. activist investor Elliott has urged German classifieds group Scout24 to sell its car listings business and ramp up a share buyback program to boost returns to investors. 'Homeland Dream': Chinese gaming giants unveil titles that play up patriotic values Chinese gaming companies, including giants Tencent and NetEase, unveiled new titles at an industry meet that show off socialist values and patriotic themes amid stricter state censorship and a push to back Communist Party propaganda. 'Moving fast:' Musk's SpaceX eyes Florida for launch site for Mars rocket Elon Musk's SpaceX is expanding its facilities in Florida to make room for the space company's forthcoming super heavy-lift launch vehicle dubbed Starship, according to a draft of the plans seen by Reuters on Friday. MLB roundup: Dodgers win 11-10 on Muncy walk-off double Max Muncy hit a game-ending two-run double in the bottom of the ninth inning to give the Los Angeles Dodgers a wild 11-10 victory over the visiting San Diego Padres on Sunday. Box Office: 'Hobbs & Shaw' finishes in first place with $60 million LOS ANGELES (Variety.com) - Universal's "Fast & Furious Presents: Hobbs & Shaw" crossed the box office finish line in first place, debuting with $60.8 million from 4,253 North American locations. Indonesian walks 700-km backwards to highlight deforestation An Indonesia man is walking backwards from his home in eastern Java to the capital Jakarta to raise awareness of deforestation in a country with one of the highest rates in the world. Related Video 'Path of no return' Lam warns as strikes grip HK China's yuan slides to weakest level in a decade Great Debate Cox: AT&T opens itself up to activist attack Cox: Amsterdam has first-world financial dilemma A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today » » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2019 Thomson Reuters Ensure delivery of Reuters Newsmails, add newsletters@email.reuters.com to your address book. Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook