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2025-01-10 18:25:16| The Economic Times

Mercedes-Benz's car sales fell by 3% in 2024, significantly impacted by a 7% decline in China and a 3% decrease in Europe. Sales of battery-electric cars dropped 23% to 185,100 units, increasing pressure due to new EU CO2 emission targets. The carmaker reduced its profit margin forecast twice and plans further cost reductions.

Category: News and Media

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2025-01-10 18:21:18| The Economic Times

Apollo Global Management is looking to invest in a plan by Seven & i's Ito family to privatize the Japanese convenience store operator. Apollo may invest up to 1.5 trillion. Ito family and Itochu Corporation are also key investors. Japan's top banks are expected to contribute to the financing. The buyout may be valued lower than initially planned.

Category: News and Media

2025-01-10 18:14:28| BBC News | Business | World Edition

Why Rachel Reeves needs a more detailed growth strategy - and soon.

Category: News and Media

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