BMW stock slumps to 5-year low as Iran war and China slowdown spark profit warning
BMW blamed a slowdown in its Chinese market, as well as disruption from the Iran war, as two reasons for the slashed guidance.
BMW blamed a slowdown in its Chinese market, as well as disruption from the Iran war, as two reasons for the slashed guidance.
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BMW blamed a slowdown in its Chinese market, as well as disruption from the Iran war, as two reasons for the slashed guidance.
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The German luxury carmaker lowered its profit outlook for 2026 as sales slump in China and the conflict in the Middle East weighs on energy prices and consumer confidence.
Oil prices sink to a three-month low on reports the US will allow Iran to start selling oil again, while the Australian share market falls after a sell-off across Wall Street's tech and AI stocks. Follow live. Grouped from 2 articles across 2 sources.
China pledges new humanitarian aid packages for Lebanon and Iran.
Iran's relationship with its Gulf neighbours, which it attacked during the war, has been damaged.
The energy supply shock triggered by the Iran War has prompted the IEA to slash its global oil demand forecast. Grouped from 2 articles across 2 sources.
President Donald Trump has signed an initial agreement to extend the ceasefire with Iran for another 60 days and reopen the Strait of Hormuz. Follow the latest. Grouped from 37 articles across 12 sources.