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Mercedes-Benz profit plunges on China slump and US tariffs
Mercedes-Benz profit plunges on China slump and US tariffs
by  AFP

German premium carmaker Mercedes-Benz reported plunging third-quarter profit Wednesday, hit by weak sales in China as well as US tariffs. Sales by volume in key market China meanwhile fell 27 percent in the third quarter, helping drag overall sales down 12 percent.

Norway's energy giant Equinor falls into loss
Norway's energy giant Equinor falls into loss
by  AFP

Norwegian energy giant Equinor said Wednesday it suffered a net loss in the third quarter as it lowered its outlook for oil prices, forcing it to write down the value of its assets.

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