BMW profit decline deepens as Q2 net income falls 35% and China sales collapse BMW profit decline hits Q2 results: net income down 35% as China sales slump. Company unveils …
plunges
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Business
Ocado faces investor revolt as partnerships collapse and valuation plunges
by Leo Müllerby Leo MüllerOcado’s Valuation Plummets Amid Boardroom Clash and Collapsed International Deals Ocado faces UK investor revolt, boardroom battle and sliding valuation after failed partnerships; 2025 results show revenue of £1.4bn and …
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Business
Rheinmetall stock plunges after German defence ministry cancels F126 frigate project
by Leo Müllerby Leo MüllerRheinmetall F126 cancellation sends shares tumbling as industry faces wider fallout Rheinmetall F126 cancellation sends shares tumbling; ministry cites €18bn cost. Suppliers face losses as TKMS offers Meko alternative from …
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Business
German housing market tightens as construction plunges and policy shifts threaten supply
by Leo Müllerby Leo MüllerGerman housing market faces acute shortage as construction collapses and policy fights escalate Germany’s housing shortage worsens as the German housing market sees soaring urban demand, a 30% collapse in …
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Business
Wall Street plunges after stronger US jobs report rekindles rate fears
by Leo Müllerby Leo MüllerWall Street sell-off accelerates after stronger-than-expected US jobs report Robust US jobs data reignites rate fears, sparking a sharp Wall Street sell-off that hits tech and semiconductors hardest while reshaping …
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Business
Wall Street plunges as strong US jobs report revives Fed rate fears
by Leo Müllerby Leo MüllerWall Street sell-off jolts markets after strong U.S. jobs report and renewed rate fears Strong U.S. jobs data triggers Wall Street sell-off, sending tech and semiconductor stocks sharply lower as …
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World
Indonesia’s rupiah plunges to record low, breaches 18,000 amid energy shock
by anna walterby anna walterIndonesia’s rupiah plunges past 18,000 as energy shock tightens FX market Indonesia’s rupiah hit a record low, breaching 18,000 against the US dollar as surging energy costs and a collapsing …
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Business
Mercedes Q1 2026 auto profit plunges 47% to €933m amid China slump
by Leo Müllerby Leo MüllerMercedes Q1 2026 results: Automotive EBIT plunges 47% to €933m as deliveries and China sales slide Mercedes Q1 2026 results: automotive EBIT fell 47% to €933m as sales dipped and …