Business

Uber reports surprise profit in Q2

Uber reported a surprise profit on Tuesday, pointing to strong growth in its core mobility and delivery businesses despite missing revenue estimates.

Business

Airbus and Boeing race to boost aircraft production

Airbus and Boeing both stepped up deliveries of commercial aircraft in the first half of this year, boosting revenue as they strive to ramp up production to meet demand from airlines.

Business

Spotify to cut 200 staff working with podcasts

Swedish music streaming giant Spotify said Monday it will cut some 200 positions, equalling two percent of its workforce, as it slims down its internal podcast operations.

Automotive

Top-end models drive Mercedes profit growth

Mercedes-Benz said Friday its net profits rose by 12 percent in the first quarter to 4.0 billion euros, buoyed by demand for its vans and priciest premium cars.

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