Mercedes-Benz Group shares fell 8% on Friday after the German carmaker made another cut to its full-year guidance, citing a slowdown in car sales caused by a slump in China's economy.
Oil futures ended higher Thursday, a day after the Federal Reserve delivered a large interest-rate cut and set the stage for further easing of monetary policy. U.S. natural gas futures rose after a ...
STOCKHOLM--EQT will acquire Indian affordable-housing finance company IndoStar Home Finance from IndoStar Capital Finance for 17.5 billion Indian rupees (209.3 million).
In Europe, the Stoxx Europe 600 fell 0.4% in morning trading. Hugo Boss rose 2.4% and Securitas Series B climbed 1.8%. On the other hand, Mercedes-Benz Group dropped 8%, and JDE Peet's sunk 5%. The ...
"While some investors had been anticipating a profit warn from Mercedes Benz, we still view this news as a surprise, especially given the magnitude and lack of cautionary commentary ahead of [the] ...