BMW net profit slumps as weak China sales, brake problems plague earnings
BMW's net profit crashed by over a third in 2024 to 7.68 billion euros ($8.32 billion), in line with an LSEG forecast, after ...
BMW posts 37% drop in annual net profit, warns of 'subdued' Chinese demand
BMW's net profits slumped by more than a third in 2024 as weaker demand in China and Germany weighed on the high-end car ...
BMW net profit dips on weaker China sales & delivery setback in Germany
BMW's net profit crashed by over a third in 2024 to 7.68 billion euros ($8.32 billion), in line with an LSEG forecast, after ...
What Drove The February China Equity Rally?
China equity rallied on the back of monetary and fiscal stimulus in September 2024, but the rally began to fade from October ...
China bond yields jump to three-month highs as investors pare rate cut expectations
Chinese government bond yields moved further away from January’s historic lows amid optimism in the faltering economy and a ...
Russian, Iranian oil supply to China rebounds as new vessels cash in on the trade
China's imports of Russian Far East crude and Iranian oil are set to rebound in March as non-sanctioned tankers, drawn by lucrative payoffs, joined the trade replacing vessels under U.S. embargo, ...
China's exports miss forecasts as U.S. tariffs hit, imports record sharpest decline since July 2023
Chinese exporters have been rushing to front-load outbound shipments on anticipation of more tariffs as U.S. President Donald ...
Adidas sales rise 19% in the fourth quarter, beating expectations
Adidas on Wednesday reported an expectation-beating uptick in fourth-quarter sales, as the retailer shakes off weakness in ...
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China’s Imports of Russian and Iranian Oil Set to Rebound
A significant reshuffling of tankers is enabling non-sanctioned vessels to transport Russian and Iranian oil, leading to a ...