Profits

Autos

Mercedes-Benz Profits Drop More than 50% in Third Quarter

Photo by Manuel Pappacena via Unsplash

Mercedes-Benz is en route to cut costs after profits in the third quarter more than halved year-over-year due to weaker demand in China.

1 min read

Photo by wombatzaa via iStock

Consumer

Gym Group Finally Profitable Again Post-COVID

The Gym Group announced on Wednesday that in the first six months of this year it swung back to a profit for the first time since 2019.

1 min read

Photo via BYD

Electric Vehicles

BYD Has Blockbuster Year While Tesla Stalls

Despite China’s overall economy coming down with a bad cold last year, its EV players are upstaging the world’s most valuable auto company.

2 min read
Photo by Albin Berlin via Pexels

International Economics

Increased Geopolitical Tensions Are Taking a Toll on Global Companies

With military conflict continuing across the globe, and the world’s superpowers locked in a stare-down, it’s not easy being a global business

2 min read
Photo by Tyler Lastovich via Pexels

Big Tech

Apple Settles Siri Privacy Lawsuit for $95 Million

Apple — admitting no wrongdoing — has agreed to settle a class-action lawsuit that alleged Siri recorded users’ private conversations.

2 min read

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