Automotive

Daimler's trucks, luxury cars to go their separate ways

Shareholders in Daimler AG, maker of Mercedes-Benz luxury cars, on Friday approved the spinoff of the company's truck division, a move intended to let the world's largest maker of trucks react faster to change and focus on ...

Automotive

Daimler: $4.3 billion quarterly profit despite chip shortage

German auto maker Daimler reaped strong profits in the second quarter as demand for its Mercedes luxury cars continued to rebound from the depths of the pandemic, generating cash that the company can invest in its shift to ...

Automotive

Daimler to spin off trucks, change name to Mercedes-Benz

German automaker Daimler will split itself into two independent companies by spinning off its truck and bus division, a move the company said would give both the freedom to operate more nimbly in a fast-changing environment ...

Business

Chinese shoppers splurge in world's largest shopping fest

Chinese consumers are expected to spend tens of billions on everything from fresh food to luxury goods during this year's Singles' Day online shopping festival, as the country recovers from the pandemic.

Internet

'I selfie, therefore I am': Instagram 10 years on

#Foodporn, #nofilter and #TBT: Little known to the general public a decade ago, Instagram has weaved its way into the daily lives of a billion people, changing the way we eat, travel and consume.

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