Mercedes-Benz third-quarter earnings take a hit on subdued sales, supply chain snags

Preparations at the Mercedes-Benz booth with the Mercedes-Benz Vision EQXX automobile ahead of the Munich Motor Show (IAA) in Munich, Germany, on Sunday, Sept. 3, 2023. The biennial motor show, one of Europe's most important automotive events, opens on Tuesday, Sept. 5, with the future of the car industry...

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TotalEnergies sticks to share buyback plans despite net income drop

TotalEnergies CEO Patrick Pouyanne said the company had allocated nearly one-third of its capital expenditure to low-carbon technologies, with the remainder spent on oil and gas.Picture Alliance | Picture Alliance | Getty ImagesTotalEnergies on Thursday posted a 35% fall in third quarter adjusted net income from last year's record...

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BNP Paribas posts in-line Q3 profits as trading declines

BNP Paribas latest quarterly results are out.ANGELA WEISS | AFP | Getty ImagesBNP Paribas, the euro zone's biggest bank, posted in-line quarterly results on Thursday, as a jump in corporate financing services offset the continued retreat in trading revenue. The French lender's third-quarter net income dropped by 4% from...

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UOB sees stronger 2024 outlook, Q3 net profit trails estimate

The United Overseas Bank (UOB) building is pictured in the Raffles Place financial district in Singapore on August 10, 2023.Roslan Rahman | Afp | Getty ImagesSingapore's United Overseas Bank, or UOB, expected a stronger outlook for next year including better loan and fees growth, as it reported on Thursday a weaker-than-expected 1% drop in...

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