GULF TIME On the sidelines of the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC ...
Read More »BMW profit down for first time in a decade
Bloomberg BMW AG’s automotive division swung to a loss for the first time in a decade as car prices slumped and a legal provision over alleged collusion ballooned to 1.4 billion euros ($1.6 billion). Excluding the set-aside, earnings at the carmaker’s main unit fell by 42 percent to 1.1 billion euros in the first quarter. Price competition in some markets ...
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