Daimler are cutting costs

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Source: Dukascopy Bank SA
On Thursday, Daimler announced that the company intends to save at least six billion euros at Mercedes-Benz by enacting a new cost cutting campaign that would increase efficiency.
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Thu, 18 Apr 2019 09:58:02 GMT

UK retail sales rise

UK retail sales data surprised the markets on Thursday, as instead of the expected 0.3% decline an increase of 1.1% had taken place in March. The data indicates that before the Brexit deadline consumers shopped more than before Christmas.

Thu, 18 Apr 2019 09:38:56 GMT

Mahindra ties up with Ford Motor on midsize SUVs

The carmaker Mahindra and Mahindra stated it teamed up with Ford Motor's unit in India over the development of midsize SUVs, adding that Ford would invest $97.97M in the deal within the next 10 years.

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