Profits

Autos

Mercedes-Benz Profits Drop More than 50% in Third Quarter

Photo by Manuel Pappacena via Unsplash

Mercedes-Benz is en route to cut costs after profits in the third quarter more than halved year-over-year due to weaker demand in China.

1 min read

Photo by wombatzaa via iStock

Consumer

Gym Group Finally Profitable Again Post-COVID

The Gym Group announced on Wednesday that in the first six months of this year it swung back to a profit for the first time since 2019.

1 min read

Photo by Marcin Nowak via Unsplash

Banking

Santander Considers Leaving UK as It Ramps Up to Full-Service Digital Bank in US

Not long after pledging to operate a digital bank in America, Spain’s most valuable lender is reevaluating its business in the UK.

2 min read
Photo by Gage Skidmore via CC BY-SA 2.0

Big Tech

Under Trump 2.0, EU’s Big Tech Enforcement Becomes a Sovereignty Issue

The EU wants everyone to know it has no intention of genuflecting toward a new Trump administration and won’t stop doling out Big Tech fines.

2 min read
Photo by Cottonbro Studio via Pexels

Social Media

TikTok Restored Services in the US. Now What?

After a brief blackout period from late Saturday, TikTok began restoring services to US users on Sunday morning.

2 min read

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