Volkswagen’s premium brand Audi lowered its full-year profitability guidance on Friday for the second time this year, as US import tariffs and costs tied to its electric vehicle (EV) shift continue to pressure margins.The German automaker now expects an operating margin of between 4% and 6%, down from the earlier…
Exxon Mobil and Chevron, two of the world’s largest oil producers, reported weaker third-quarter results on Friday as lower…
In a landmark summit aimed at defusing months of escalating tension, US President Donald Trump and Chinese leader Xi…
Lynas Rare Earths, an Australian company, announced on Thursday a 66% increase in its first-quarter revenue compared to the…
The Bank of Japan (BOJ) on Thursday kept its benchmark interest rate unchanged at 0.5% during its first monetary…
Starbucks reported on Wednesday that its global same-store sales grew for the first time in nearly two years, a…
Saudi Arabia’s economy expanded at the fastest pace since early 2023 in the third quarter, driven by a rebound…
European markets opened with a sense of caution on Thursday, as investors braced for a packed day of major…
Climate change poses a severe threat to Iraq’s ancient southern cities, leading to the erosion of thousands of years…