BMW boosts profit margin for cars in third quarter

BMW boosts profit margin for cars in third quarter

BMW reported an operating margin of 5.2% for its automotive unit in the July-to-September period [BERLIN] German carmaker BMW posted a higher-than-forecast profit margin in its core car business in the third quarter despite import tariffs in the US and EU and intense competition in China, the company said on Wednesday (Nov 5). BMW reported…

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China’s ICBC to open vault boosting Hong Kong’s gold ambitions

China’s ICBC to open vault boosting Hong Kong’s gold ambitions

[BEIJING] China’s largest state-owned bank plans to open a precious metals depository at Hong Kong International Airport, offering a boost to both the lender’s trading operations and the city’s ambitions to become a global gold hub. The local unit of Industrial and Commercial Bank of China (ICBC) has leased space at the airport’s vault, according…

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Gavin Newsom’s Prop 50 Redistricting Gamble Pays Off With Big Win & 2028 POTUS Pole Position

Gavin Newsom’s Prop 50 Redistricting Gamble Pays Off With Big Win & 2028 POTUS Pole Position

In a literal and figurative redrawing of the political map, Gavin Newsom‘s Proposition 50 has handily been passed by California voters. A direct challenge to Donald Trump and his GOP MAGA forces’ gerrymandering attempt to retain control of the House of Representatives in the 2026 midterms, the Golden State initiative allows redistricting to flip up…

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Reese Witherspoon On Hosting First ‘SNL’ Show After 9/11: “It Was Too Much Responsibility For A 24-Year-Old”

Reese Witherspoon On Hosting First ‘SNL’ Show After 9/11: “It Was Too Much Responsibility For A 24-Year-Old”

Reese Witherspoon is recalling what it was like to host the very first Saturday Night Live episode following the terrorist attacks of September 11, 2001. The Morning Show star is opening up about where she was when she was asked to host the NBC late-night sketch show. Joking with Dax Shepard on the Armchair Expert podcast, she said she…

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‘Dancing With The Stars’ Week 8: Even The Fan-Favorite Team Competition Can’t Prevent A Shocking Elimination On Rock & Roll Hall Of Fame Night

‘Dancing With The Stars’ Week 8: Even The Fan-Favorite Team Competition Can’t Prevent A Shocking Elimination On Rock & Roll Hall Of Fame Night

SPOILER ALERT! This post contains details from Tuesday night’s episode of Dancing with the Stars, including who went home. Cue the air guitars, it’s Rock & Roll Hall of Fame Night in the ballroom. The eight remaining pairs have prepared routines to some of the genre’s biggest hits including songs from Bon Jovi and Elton John.…

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China’s US$470 billion oil and gas splurge is just the start

China’s US0 billion oil and gas splurge is just the start

The Asian nation still consumes far more than it produces, and that is unlikely to change any time soon [BEIJING]  Some 20 kilometres out from the port of Tianjin, in the jade waters of the Bohai Sea, a vast metal structure rises above the surface. This hulking offshore platform, 11-1 CEPJ, is the beating heart…

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Zohran Mamdani Elected Mayor Of New York City

Zohran Mamdani Elected Mayor Of New York City

Zohran Mamdani was projected to be elected the next mayor of New York, easily defeating challengers Andrew Cuomo and Curtis Sliwa in one of the most contentious races in recent memory to lead the city. Mamdani, a Democratic socialist, had drawn heavy opposition that his plans would send companies and high income earners fleeing the…

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