
Thomas Barnet
Journalist
BMW Badly Shaken by the End of the Chinese Eldorado
BMW has halved its automotive margin target for 2026. The Munich-based automaker, long the most consistent of the German Big Three, is now targeting a margin between 1% and 3%, down from the previous 4% to 6% range. This profit warning, which it issued on Tuesday evening, carries significant weight as BMW had been seeking to reassure investors regarding the credibility of its long-term strategy.
June 17, 2026 at 02:16 am EDT
Trump Threatens Iran While Leaving the Door Open for a Deal
Donald Trump asserts that the United States will intensify its strikes against Iran and target its energy infrastructure. In parallel, Washington and Tehran are reportedly continuing quiet discussions regarding a preliminary agreement.
June 11, 2026 at 08:59 am EDT
French Analyst Ratings: Berenberg cuts price targets on LVMH, Hermès and Kering
Berenberg is adopting a cautious stance on the luxury sector, questioning its ability 'to return to historical growth rates of 6% to 7% per year' and expressing a preference for 'absolute luxury' over 'aspirational luxury' brands.
June 11, 2026 at 02:38 am EDT
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