Showing 1 - 5 of 5
Mercedes car earnings plunge by 64% as China shuns luxury
Reuters, Published on 25/10/2024
» WARSAW - German premium automaker Mercedes-Benz on Friday said third-quarter earnings in the core car division plunged by 64%, massively missing analysts' estimates, as Chinese consumers continued to cut back on luxury goods in a weakening economy.
EU to impose tariffs up to 45% on EVs from China
Bloomberg News, Published on 04/10/2024
» LONDON - The European Union (EU) voted on Friday to impose tariffs as high as 45% on electric vehicles (EVs) from China in a move set to increase trade tensions with Beijing, according to people familiar with the process.
Analysing the push for sustainable jet fuel
Business, Published on 03/05/2023
» Biodiesel, a mix of diesel and palm oil-derived methyl ester used by cars with internal combustion engines, as well as used cooking oil that previously was deemed useless are now vying to change the aviation industry. The two oils can be processed to make sustainable aviation fuel, or SAF, a biofuel for aircraft.
Markets rise as deaths slow in hotspots: Virus update
Published on 06/04/2020
» Germany and Spain reported lower numbers of new cases, a tentative sign that lockdown measures are easing the outbreak.
Asian stocks down over Glum manufacturing data
Business, Published on 28/09/2015
» Recap: Downbeat manufacturing data from the US and China stoked fresh worries over the global economy and sent Asian stock markets down. Sahaviriya Steel Industries Plc's debt woes also rattled Thai stocks with its shares and those of its three major lenders coming under a selling spree.