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business

Mercedes-Benz Confirms Guidance After Tariffs, Chinese Weakness Weigh on Earnings
1 min read

Mercedes-Benz Confirms Guidance After Tariffs, Chinese Weakness Weigh on Earnings

  • business
October 29, 2025 farman.mansoori.ff@gmail.com

The carmaker said earnings took a hit from U.S. import tariffs and the challenging market in China as it reported a drop in net profit. Source link

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How U.S. Billionaires Stack Up With the Rest of the World
1 min read

How U.S. Billionaires Stack Up With the Rest of the World

  • business
October 29, 2025 farman.mansoori.ff@gmail.com

There are 3,508 billionaires on the planet. Americans dominate their collective wealth. Source link

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Traton Narrows Guidance as Profit Slumps
1 min read

Traton Narrows Guidance as Profit Slumps

  • business
October 29, 2025 farman.mansoori.ff@gmail.com

The commercial-vehicle maker’s operating profit fell more than 44% on a challenging market environment particularly in North America and Brazil. Source link

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Next PLC Lifts Outlook After Quarterly Sales Beat Guidance
1 min read

Next PLC Lifts Outlook After Quarterly Sales Beat Guidance

  • business
October 29, 2025 farman.mansoori.ff@gmail.com

The group—seen as a bellwether for the U.K. retail sector—reported a 10.5% increase in total full-price sales. Source link

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Adidas Sales Climb to Quarterly Record Despite Tariff Uncertainty
1 min read

Adidas Sales Climb to Quarterly Record Despite Tariff Uncertainty

  • business
October 29, 2025 farman.mansoori.ff@gmail.com

Revenue was 12% higher on year, the highest the group has ever achieved in a quarter, Chief Executive Bjoern Gulden said. Source link

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UBS Net Profit Surges on Provision Releases, Client Momentum
1 min read

UBS Net Profit Surges on Provision Releases, Client Momentum

  • business
October 29, 2025 farman.mansoori.ff@gmail.com

Profit was boosted by fees from wealthy clients and corporate dealmaking and the release of litigation provisions. Source link

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Washington’s Oil Dilemma Returns: How to Hurt Moscow Without Raising Gas Prices
1 min read

Washington’s Oil Dilemma Returns: How to Hurt Moscow Without Raising Gas Prices

  • business
October 29, 2025 farman.mansoori.ff@gmail.com

Enforcing tough measures against one of the world’s top oil producers risks triggering a supply shock. Source link

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OpenAI’s Promise to Stay in California Helped Clear the Path for Its IPO
1 min read

OpenAI’s Promise to Stay in California Helped Clear the Path for Its IPO

  • business
October 29, 2025 farman.mansoori.ff@gmail.com

The company assured state officials that it would stay in California as it continues its global expansion, which could include a public offering as soon as 2027. Source link

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Tens of Thousands of White-Collar Jobs Are Disappearing as AI Starts to Bite
1 min read

Tens of Thousands of White-Collar Jobs Are Disappearing as AI Starts to Bite

  • business
October 29, 2025 farman.mansoori.ff@gmail.com

Layoffs at companies ranging from Amazon to Target are sending young and experienced workers alike into an unwelcoming market. Source link

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Caesars Entertainment Third-Quarter Loss Widens as Las Vegas Revenue Declines
1 min read

Caesars Entertainment Third-Quarter Loss Widens as Las Vegas Revenue Declines

  • business
October 28, 2025 farman.mansoori.ff@gmail.com

The casino operator logged a wider loss in its latest quarter as revenue from its Las Vegas business fell, hurt by weak demand for leisure travel. Source link

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