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UK drugmaker GSK lifts 2025 guidance despite US tariffs
UK drugmaker GSK lifts 2025 guidance despite US tariffs
Economy
by  AFP

British pharmaceutical group GSK on Wednesday raised its full-year outlook after strong sales growth in its third quarter, brushing off the potential impact of US tariffs. The drugmaker on Wednesday said it expects full-year revenue to increase between six and seven percent, compared with an earlier forecast of three to five percent.

Mercedes-Benz profit plunges on China slump and US tariffs
Mercedes-Benz profit plunges on China slump and US tariffs
Economy
by  AFP

German premium carmaker Mercedes-Benz reported plunging third-quarter profit Wednesday, hit by weak sales in China as well as US tariffs. Sales by volume in key market China meanwhile fell 27 percent in the third quarter, helping drag overall sales down 12 percent.