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BMW profit beats estimates on strong demand for top-end cars

  Bloomberg BMW AG said earnings rose 12% in the first quarter even as the war in Ukraine and Covid-lockdowns in China disrupted the automaker’s supply chain. Group earnings before interest and tax rise to 3.39 billion euros ($3.6 billion) in the first quarter, the company said, exceeding analyst estimates of 2.9 billion euros. BMW confirmed the outlook for the ...

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Microsoft’s Xbox cloud lets iPhone users play Fortnite again

  Bloomberg Microsoft Corp is bringing the hit video game Fortnite back to iOS devices two years after Apple Inc took it off its App Store. Fortnite, produced by Epic Games Inc is one of the most popular video games of all time. But it’s been absent from Apple’s App Store and Google Play after Epic tried to circumvent the ...

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Stellantis Q1 sales rise on new models

  Bloomberg Stellantis NV’s sales jumped in the first quarter on the back of strong vehicle prices and a range of new models like the Jeep Grand Cherokee even as shipments dropped due to the supply-chain issues. The maker of Ram and Fiat brands said net revenue rose 12% to 41.5 billion euros ($44.1 billion), the company said. Stellantis said ...

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