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Market Pulse - Europe
01 Aug
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BMW profit margin narrows on China weakness

BMW reported a decline in its automotive segment's profit margin for the second quarter on Thursday, driven by increased competition and weakening demand in China, a crucial market for the German carmaker.

01 Aug
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Volkswagen shares slip as it extends cost-cutting programme

Volkswagen shares declined on Thursday, after the German carmaker announced it would extend its cost-cutting measures beyond the second half of 2024.