Mercedez Benz shares plunge as inflation punishes profits October 26, 2023 Mercedez Benz shares plunged over six per cent today after it said profits had fallen due to a slowdown in vehicle deliveries.
FTSE 100 close: London dips as Standard Chartered share price drops sharply October 26, 2023 Inflation across the eurozone has fallen since the ECB raised its deposit rate to a record 4 per cent last month.
Standard Chartered share price dives as slowing Chinese economy and real estate crisis drag on performance October 26, 2023 China's growing real estate crisis ensured that Standard Chartered performed worse than expected in the third quarter.
Ford, Volkswagen and BMW ask Europe for delay to ‘cliff-edge’ post-Brexit tariffs October 25, 2023 Chief executives at a slew of major European carmakers have called for an "urgent" delay to looming post-Brexit tariffs on electric vehicles.
Why China has opted for more stimulus — and why experts are not convinced it will work October 25, 2023 China is rolling out a fresh stimulus package to support its economy, in a sign that the ruling Communist party is growing anxious at the sluggish performance over recent months.
Seat and Cupra chief: There’s a ‘perfect storm’ ahead for European carmakers October 25, 2023 City A.M. sits down with Seat chief Wayne Griffiths to discuss the European car industry and Cupra's roaring success.
WPP fires employee detained on bribery charges in China October 24, 2023 British advertising giant WPP has fired staff member at GroupM in China after authorities detained them on suspicion of bribery last week.
Microsoft, Google, Meta and Amazon hope to lift Wall Street spirits in this week’s results October 22, 2023 Big Tech earnings season is back, with a keen focus on cloud business, AI, and capex changes amid a challenging year on Wall Street.
Nestle to close baby formula factory in Ireland due to falling Chinese birthrates October 19, 2023 Nestle will close down a baby formula factory in Ireland due to a falling birth rate in China, placing 560 jobs at risk.
China’s Country Garden bondholders seek talks after missed bond payments October 19, 2023 Country Garden bondholders are seeking urgent talks with the troubled property developer after it missed a $15m