European Midday Briefing: Fed Awaited With Likelihood Rates Held High For Longer morningstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from morningstar.com Daily Mail and Mail on Sunday newspapers.
MARKET WRAPS Stocks: Shares were little changed on Wednesday in subdued trading, with most European markets closed, and as investors remained cautious ahead of the Federal Reserve s latest. -May 01, 2024 at 05:14 am EDT
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German automobile maker Mercedes-Benz Group on Thursday reported that its fourth-quarter profit attributable to shareholders fell 21.7% to €3.12 billion ($3.4 billion) from last year's €3.98 billion. Earnings per share were €2.99, down 19.7% from prior year's €3.72. EBIT of €4.33 billion declined 20.1% from the prior year.Revenue fell 1.8% to €40.26 billion from last year's €41 billion, with a 3.2% drop in Mercedes-Benz Cars unit. Mercedes-Benz Vans revenue grew 9.7% and Mercedes-Benz Mobility r
(Reuters) - Self-driving sensor maker Luminar Technologies Inc announced an expanded partnership with Mercedes-Benz Group on Wednesday to enable fully.