Economic

Financial Analysis

Mercedes profit driven down as demand slows in Chinese market

Mercedes profit driven down as demand slows in Chinese market

Profits at Mercedes-Benz fell by around 54% year-on-year in the third quarter of this year, accordin...

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Italy's Banca Progetto put under court administration amid mafia loan claims

Italy's Banca Progetto put under court administration amid mafia loan claims

The Italian lender Banca Progetto has been placed under court administration for allegedly giving st...

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Barclays reports strong earnings on robust investment bank revenue

Barclays reports strong earnings on robust investment bank revenue

British bank Barclays posted strong third-quarter earnings, lifting its shares by more than 4% in af...

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Renault tops expectations as strong demand for new model boosts sales

Renault tops expectations as strong demand for new model boosts sales

French automotive group Renault released its third quarter results on Thursday, recording a jump in ...

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Irish watchdog slaps LinkedIn with €310m fine for GDPR violations

Irish watchdog slaps LinkedIn with €310m fine for GDPR violations

Ireland's Data Protection Commission (DPC) on Thursday fined LinkedIn €310m for failing to tell user...

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Commission must produce more evidence on anticompetitive rebates, as Court upholds Intel case

Commission must produce more evidence on anticompetitive rebates, as Court upholds Intel case

The European Commission must offer more evidence when finding that loyalty rebates are anticompetiti...

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Italian bank plans huge job cuts as it looks to AI and digitalisation

Italian bank plans huge job cuts as it looks to AI and digitalisation

Italy's largest bank, Intesa Sanpaolo, is to cut thousands of jobs in an attempt to decrease costs a...

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Hermès bags support from super-wealthy despite China slowdown

Hermès bags support from super-wealthy despite China slowdown

Design house Hermès has reported resilient sales figures despite a wider slowdown in the luxury mark...

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Boeing workers vote to continue strike as group reveals massive loss

Boeing workers vote to continue strike as group reveals massive loss

Boeing factory workers have voted against the company's latest contract offer and remain on the pick...

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