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Thursday, July 27, 2017

Daimler considers legal split in strategic overhaul

FRANKFURT (Reuters) - Daimler may split parts of its business into separate legal entities in an overhaul, its Chief Executive Dieter Zetsche said, although...

Lower tax rate fuels Ford beat, seen boosting 2017 net profit

DETROIT (Reuters) - Ford Motor Co on Wednesday reported a better-than-expected quarterly net profit due to a lower tax rate and increased U.S. sales...

Peugeot hits new profit record as stronger pricing prevails

PARIS (Reuters) - PSA Group reported record profitability at its core manufacturing division in the first half as stronger pricing enabled the maker of...

Factbox: The challenges and consequences of moving to electric cars

REUTERS - Britain will ban the sale of new petrol and diesel cars from 2040 in an attempt to reduce air pollution that could...

Electric cars win? Britain to ban new petrol and diesel cars...

LONDON (Reuters) - Britain will ban the sale of new petrol and diesel cars from 2040 in an attempt to reduce air pollution that...

One year after IPO, Japanese chat app Line reports drop in...

TOKYO (Reuters) - Japan's Line Corp said its number of monthly active users fell from the previous quarter, its first such decline, underscoring the...

Daimler second-quarter earnings lag as cartel allegations loom

FRANKFURT (Reuters) - Daimler's co-operation projects with carmakers will not be curbed by a European Commission investigation into alleged anti-competitive behaviour among German carmakers,...

Italy’s UniCredit reveals data attack involving 400,000 clients

MILAN (Reuters) - Suspected hackers have accessed client data of Italy's biggest lender, UniCredit, in two attacks in the past 10 months and affected...

Nintendo swings to operating profit, beats estimates on Switch console sales

TOKYO (Reuters) - Japan's Nintendo Co Ltd on Wednesday said it swung to a profit in the first quarter, beating analyst estimates, due to...

Nintendo swings to first-quarter operating profit, beats estimates

TOKYO (Reuters) - Japan's Nintendo Co Ltd said on Wednesday it returned to profit in its first quarter, beating analyst estimates, due to strong...
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