US and European stock markets mostly retreated yesterday following a record-filled rally sparked by a jumbo US interest rate ...

Mercedes-Benz shares dropped 8% Friday after the automaker cut its 2024 guidance, citing weak demand in China and ongoing ...

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

With Ferrari, Mercedes pushing hard, McLaren will still have to battle at a track where Red Bull is off the pace and ...

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 ...

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 ...

Germany wants to support Volkswagen and help it avoid factory closures but the ailing car giant will have to fix most of its problems itself, Economy Minister Robert Habeck said Friday.

Mercedes-Benz lowered its full-year earnings outlook, blaming the weaker projections on China’s worsening macroeconomic conditions. The company on Thursday said its car division now anticipated the ...

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 ...