Mercedes-Benz reported lower profit and revenue for the first quarter fell on fewer cars sales and supply-chain bottlenecks but confirmed its guidance for the year.
Lufthansa said it expects an improvement in its second-half operating result, with capacity seen at more than 95% of prepandemic levels in the third quarter, but cautioned that unit revenue will fall in the next three months.
Stellantis backed its full-year guidance despite revenue falling in the first quarter on lower sales volumes and as it prepared to launch new models.
The storied Hollywood company behind ‘The Godfather’ faces its biggest battle yet as Shari Redstone’s merger plans collide with shareholder fury and a CEO on the outs.
Agency says four carriers sold access to customers’ location data to aggregators.
The Luxembourg-based and Hong Kong-listed cosmetics company said that the offer from L’Occitane Groupe, Geiger’s holding company, to buy the remaining shares would cost €1.7 billion.
