Friday, October 26, 2018

Google parent Alphabet misses revenue estimates, first time in 2 years

Google parent Alphabet Inc this week missed analysts' quarterly revenue estimates for the first time in at least two years and reported continuing erosion of its operating margin, sending shares down almost 7 percent after hours.

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Mercedes plans bigger India play with greater localisation of parts

Mercedes-Benz plans to increase its local manufacturing efforts while expanding its supplier base in India. The luxury carmaker expects to a...