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 by National Transportation Safety Board via Public Domain Mark 1.0

Industrials

Loser of 2024: Boeing

There were plenty of business losers in 2024, but only one for whom the sky was literally falling. In short: Boeing had a bad year.

2 min read
Photo by Energepic.com via Pexels

Consumer

Loser of 2024: The Luxury Market

Luxury brands were riding the subway instead of lounging in limos this year, though a couple of brands were able to buck the trend.

1 min read
Photo by The Drink via Unsplash

Banking

Winner of 2024: Investment Bankers

As the dealmaking environment improved in 2024 thanks to the bull market and interest-rate cuts, investment bankers reaped a windfall.

2 min read

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