Daimler increases Q1 profit as Mercedes disappoints

Note: This section contains information in English only.
Source: Bloomberg
Daimler AG, the third biggest luxury car manufacturer in the world, announced a considerable 95% increase in profit for the first three months of this year, as EBIT reached 1.79 billion euros. At the same time, despite rise in sales, Mercedes cars division contributed only 7% to total sales, less than predicted at 10%. Today, Daimler AG shares drop 2.2% to 66.40 euro by 9:20 GMT in Frankfurt.
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Wed, 30 Apr 2014 13:59:05 GMT

U.S. shares inch lower on GDP data

Wall Street shares swung between gains and losses on Wednesday trading session after a government report showed that gross domestic product in the U.S. by less than expected in the first three months of this year. The benchmark index Standard & Poor's futures slipped 2 points, the Dow Jones industrial average futures lost 2 points and the Nasdaq Composite futures fell 10 points.

Wed, 30 Apr 2014 10:30:08 GMT

German unemployment plunges as economy rebounds

The total number of people without a job in Germany declined considerably in April of the current year, as economy continues to show a gradual recovery. Unemployment decreased 25,000 this month, comparing with March data, while economists waited only for a 10,000 drop. At the same time, the seasonally adjusted jobless rate in the country remained unchanged at 6.7%.

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