Wall Street closed flat on Friday, hovering near the previous session's record-high close for the Dow and S&P 500, while the ...

Having downgraded its outlook for profits in July, it did so for a second time, sending shares down 6.8 per cent in Frankfurt ...

Mercedes-Benz Group AG cut its financial forecast due to a rapid deterioration of its business in China, marking the latest ...

Mercedes-Benz shares dropped 8% Friday after the automaker cut its 2024 guidance, citing weak demand in China and ongoing trade tensions. The company expects earnings before interest and taxes to fall ...

The People’s Bank of China announced that its five-year loan prime rate, which affects borrowing costs for households, would stay at 3.85 per cent and its one-year rate, which is tied to business ...

World stocks hovered near record highs on Friday, underpinned by a big interest rate cut from the Federal Reserve earlier ...

Mercedes-Benz Group AG shares fell the most in four years after a deepening slowdown in China prompted the world’s biggest ...

German auto giant Mercedes-Benz is recalling more than half a million cars in China due to a technical defect. The Chinese ...

An unexpectedly aggressive rate cut by the Federal Reserve helped propel stocks higher on Thursday. However, a warning from ...

Top-end German carmakers have joined expensive French handbags among the products hit by weak consumer sentiment in the ...

While Mercedes has had good union relations with its German workforce, the employees elect half of the supervisory board members. Heavily unionized workforces tend to limit profit because of wage ...

German high-end carmaker Mercedes-Benz on Thursday lowered its guidance for the 2024 financial year, citing a deterioration ...