Categories: Business News

BMW reports second-quarter earnings slump as it cuts jobs

BERLIN, July 30 (Reuters) – German premium carmaker BMW said it was steeling itself for tougher competition with workforce reductions as pre-tax earnings slumped by over a third…

Add NewsX As A Trusted Source
Add as a preferred
source on Google
Published by
Published: July 30, 2026 11:06:10 IST

BERLIN, July 30 (Reuters) – German premium carmaker BMW said it was steeling itself for tougher competition with workforce reductions as pre-tax earnings slumped by over a third in the second quarter

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

Published by
Published: July 30, 2026 11:06:10 IST

Recent Posts

Alibaba deepens AI push with new chip, bigger model; shares jump 5%

BEIJING, Sept 22 (Reuters) - Alibaba Group said on Tuesday it was developing an AI…

September 22, 2026

Tech rally boosts Asian stocks, dollar firms on rate-hike wagers

By Ankur Banerjee SINGAPORE, Sept 22 (Reuters) - Technology stocks powered Asian markets higher on…

September 22, 2026

Tom Cruise says AI is “coming”, but audiences will always want “real things” on screen

London [UK], September 22 (ANI): Hollywood star Tom Cruise has shared his views on the…

September 22, 2026