Topic

Mercedes

Mercedes-Benz writes off over 700m euros on China woes

Published 29 Jul, 2026 06:39am

FRANKFURT, (Germany): Premium German carmaker Mercedes-Benz on Tuesday reported falling profit at its car business...

Mercedes reports higher second-quarter profit, but flags China woes for car sales

Published 28 Jul, 2026 10:40am

It also benefited from a €131 million gain linked to the planned sale of its leasing subsidiary Athlon

Mercedes-Benz profit slides amid cutthroat Chinese market

Published 29 Apr, 2026 11:33am

Mercedes said car sales by volume in China fell 27 percent in the first three months of 2026

Chinese EV giant BYD reports 55% drop in Q1 net profit

Published 28 Apr, 2026 06:25pm

Shenzhen-based EV and battery giant achieves 4.08 billion yuan ($598 million) profit during first three months of the year

Mercedes India’s revenue hits fresh record on strong top-end luxury sales

Published 15 Jan, 2026 06:11pm

A 23% decline in sales of Mercedes’ entry-segment cars in 2025 weighed on growth even as demand for its top-end models grew by 12%

Mercedes cuts EVs’ environment footprint with low-carbon aluminium

Published 29 Sep, 2025 12:39pm

AARDAL: Aluminium made with renewable power and from recycling is helping luxury automaker Mercedes-Benz cut CO2...

Mercedes keeps ‘value over volume’ approach in tough Chinese market

Published 08 Sep, 2025 06:57am

MUNICH: German luxury automaker Mercedes-Benz is sticking with its premium strategy in its main market China, where ...

Mercedes-Benz Pension Trust to sell its 3.8% stake in Nissan Motor

Published 25 Aug, 2025 05:25pm

TOKYO/BERLIN: The pension trust of Mercedes-Benz will sell off its roughly $346 million shareholding, a 3.8% stake,...

Mercedes-Benz India’s first-quarter sales hit record high on strong demand for top-end models, EVs

Published 11 Jul, 2025 05:20pm

German luxury carmaker Mercedes-Benz said its first-quarter sales in India hit an all-time high, rising 10% to 4,238...

Mercedes says no supply chain disruptions after China export concerns

Published 30 Jun, 2025 06:22pm

STUTTGART: There has been no disruption to production due to limited raw material exports from China at German...

Mercedes to develop smart cars for global markets with China’s Hesai lidar

Published 12 Mar, 2025 07:26pm

SHANGHAI: Mercedes-Benz will develop smart driving cars for global markets equipped with Hesai’s lidar sensors, a...

Mercedes ‘streamliner’ fetches record 51mn euros at auction

Published 03 Feb, 2025 01:52pm

STUTTGART, Germany: A streamlined Mercedes raced by Formula One greats Stirling Moss and Juan Manuel Fangio in 1955...

Mercedes 1955 ‘streamliner’ set to smash F1 record at auction

Published 29 Jan, 2025 02:17pm

FELLBACH, Germany: A sleek, long-nosed Mercedes raced by Stirling Moss and five-times Formula One world champion...

Hamilton bids farewell to Mercedes as Ferrari vie for title

Published 05 Dec, 2024 01:14pm

ABU DHABI: Lewis Hamilton bids farewell this weekend to Mercedes, the team that carried him to six world titles, as...

Brad Pitt’s F1 movie set for release in June 2025

Published 18 Jun, 2024 02:37pm

Brad Pitt’s as-yet unnamed Formula One movie will be released globally on June 25 next year, with a North American...

Mercedes lines up new investment and array of cars for India

Published 08 Jan, 2024 04:45pm

NEW DELHI: Mercedes Benz will invest $24 million in India this year and launch over a dozen new cars with a focus on...

Brad Pitt respects F1 and thrills drivers at Silverstone

Updated 10 Jul, 2023 04:58pm

Brad Pitt was full of praise and respect for Formula One and, in particular, the drivers on Sunday after spending...

Climate protesters tell Hamilton to drop fuel sponsor

Published 10 Jul, 2023 06:52am

SILVERSTONE, (United Kingdom): Climate activists Just Stop Oil on Sunday welcomed seven-time champion Lewis...

Two dead after shooting at German Mercedes plant

Published 12 May, 2023 05:59am

BERLIN: A suspect was detained after a shooting at a Mercedes-Benz plant in southwestern Germany left two people ...

Mercedes amps up renewable energy switch with Iberdrola wind deal

Published 31 Mar, 2023 06:45am

BERLIN: Mercedes-Benz said on Thursday it had signed a power purchase agreement (PPA) with Spain’s Iberdrola for...

Nannies on call, spas; India witnessing 'mad rush' for luxury housing

Published 06 Mar, 2023 03:22pm

NEW DELHI: India's DLF sold a $1 billion upmarket residential project in 72 hours while rival Godrej Properties is...

Hamilton targets future on return to scene of rancorous ‘injustice’

Published 17 Nov, 2022 11:56am

ABU DHABI: Lewis Hamilton returns to the Abu Dhabi Grand Prix this weekend 11 months on from one of the most...

Mercedes set to lead India’s luxury EV market as Tesla stays out

Published 25 Aug, 2022 06:08am

NEW DELHI: German carmaker Mercedes-Benz plans to take pole position in India’s luxury electric vehicle market, ...

Mercedes-Benz lays first stone of new battery cell campus in Germany

Published 31 May, 2022 08:30pm

BERLIN: Mercedes-Benz laid the first stone of a new research and development campus at its Untertuerkheim site in...

Mercedes-Benz aims for more luxury in model line-up

Published 19 May, 2022 06:21pm

BERLIN: Mercedes-Benz is honing its identity as a luxury company, its chief technology officer (CTO) said on...

Verstappen wary of revamped Australian GP circuit as Leclerc looms

Published 07 Apr, 2022 11:38am

MELBOURNE: World champion Max Verstappen is eyeing a "smooth weekend" to build on his victory in Saudi Arabia, but ...

Mercedes and Hamilton's struggles put to the test in Melbourne

Published 06 Apr, 2022 11:49am

MELBOURNE: An uncompetitive Mercedes and admission that he is "struggling mentally and emotionally" have put Lewis...

Mercedes takes on Tesla with new US battery plant, electric SUV

Published 15 Mar, 2022 09:05pm

TUSCALOOSA: Mercedes-Benz AG opened its first US electric vehicle (EV) battery factory on Tuesday and said Japanese...

Volvo Cars and Mercedes boost profits despite sales slump

Published 14 Feb, 2022 06:47am

STOCKHOLM: High-end automakers Volvo Cars and Mercedes said Friday that the global supply chain bottlenecks caused...

Mercedes-Benz to assemble its EQS electric luxury sedan in India

Published 12 Jan, 2022 02:50pm

NEW DELHI: German luxury carmaker Mercedes-Benz plans to start local assembly of its EQS electric sedan in India ...

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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 30	278.01
USD PKR Interbank Buying / Jul 30	277.81
USD to Japanese Yen / Jul 31	160.60
USD to Swiss Franc / Jul 31	0.81
Pound Sterling to USD / Jul 31	1.34
Euro to USD / Jul 31	1.15
SOFR % / Jul 30	3.64

Stock	Volume
S&P 500 / Jul 30	7,437.63
Nasdaq / Jul 30	25,122.18
Dow Jones / Jul 30	52,208.06
India Sensex / Jul 31	77,976.71
Tokyo Nikkei / Jul 31	64,572.25
Hang Seng / Jul 31	25,812.60
FTSE 100 / Jul 31	10,970.86
Germany DAX 30 / Jul 31	25,860.54
France CAC40 / Jul 31	8,567.09

Item	Value
Karachi Cotton PKR/37.32 KG / Jul 30	18,480
Gold 10 Grams PKR / Jul 30	366,457
Petrol/Litre / Jul 31	335.06
Crude Oil USD/Barrel / Jul 31	81.89
Gold Spot USD/Ounce / Jul 31	4,081.14
Diesel/Litre / Jul 31	390.62
Cotton US¢/pound / Jul 31	81.07

Gainers
Losers
Leaders

Stock	Price
Wasl Mobility Mod. / Jul 31 Wasl Mobility Modaraba(WASL)	7.92 ▲ 1 (14.45%)
First AL-Noor Mod. / Jul 31 First Al-Noor Modaraba(FANM)	9.08 ▲ 1 (12.38%)
Cres.Star Ins. / Jul 31 Crescent Star Insurance Limited(CSIL)	5.99 ▲ 0.57 (10.52%)
Premier Insurance / Jul 31 Premier Insurance Limited(PINL)	13.41 ▲ 1.22 (10.01%)
Asim Textile / Jul 31 Asim Textile Mills Limited(ASTM)	38.38 ▲ 3.49 (10%)
Trust Mod. / Jul 31 Trust Modaraba(TRSM)	24.19 ▲ 2.2 (10%)
The Thal Ind.Corp. / Jul 31 The Thal Industries Corporation Limited(TICL)	1,151.46 ▲ 104.68 (10%)
Shahtaj Sugar / Jul 31 Shahtaj Sugar Mills Limited(SHJS)	191.79 ▲ 17.44 (10%)
J.A.Textile / Jul 31 J.A. Textile Mills Limited(JATM)	38.75 ▲ 3.52 (9.99%)
Aisha Steel(ConPS) / Jul 31 Aisha Steel(ConPS)(ASLPS)	38.96 ▲ 3.54 (9.99%)

Stock	Price
Dadabhoy Cement / Jul 31 Dadabhoy Cement Industries Limited(DBCI)	20.40 ▼ -2.27 (-10.01%)
Olympia Mills / Jul 31 Olympia Mills Limited(OML)	147.85 ▼ -16.43 (-10%)
Kohinoor Power / Jul 31 Kohinoor Power Company Limited(KOHP)	25.24 ▼ -2.8 (-9.99%)
Imperial Limited / Jul 31 Imperial Limited(IML)	21.16 ▼ -1.82 (-7.92%)
786 Invest Ltd / Jul 31 786 Investments Limited(786)	24.09 ▼ -1.77 (-6.84%)
Suraj Cotton / Jul 31 Suraj Cotton Mills Limited(SURC)	156.99 ▼ -10.01 (-5.99%)
Premier Sugar / Jul 31 The Premier Sugar Mills(PMRS)	480.50 ▼ -30.22 (-5.92%)
Elahi Cotton / Jul 31 Elahi Cotton Mills Limited(ELCM)	214 ▼ -13.17 (-5.8%)
JS Investments / Jul 31 JS Investments Limited(JSIL)	43.21 ▼ -2.62 (-5.72%)
Intermarket Securities / Jul 31 Intermarket Securities Limited(IMS)	27 ▼ -1.61 (-5.63%)

Stock	Volume
Trust Sec.& Brok. / Jul 31 Trust Securities & Brokerage Limited(TSBL)	176,475,627 ▲ 0.08
Dadabhoy Cement / Jul 31 Dadabhoy Cement Industries Limited(DBCI)	81,714,527 ▼ -2.27
Cnergyico PK / Jul 31 Cnergyico PK Limited(CNERGY)	49,907,894 ▲ 0.19
Wasl Mobility Mod. / Jul 31 Wasl Mobility Modaraba(WASL)	48,385,428 ▲ 1
TPL Properties / Jul 31 TPL Properties Limited(TPLP)	32,449,206 ▲ 0.87
F. Nat.Equities / Jul 31 First National Equities Limited(FNEL)	31,354,104 ▲ 0.01
WorldCall Telecom / Jul 31 Worldcall Telecom Limited(WTL)	28,303,449 ▲ 0.01
TPL Corp Ltd / Jul 31 TPL Corp Limited(TPL)	27,587,009 ▲ 1.22
Oilboy Energy / Jul 31 Oilboy Energy Limited(OBOY)	21,691,861 ▲ 0.78
Pak Refinery / Jul 31 Pakistan Refinery Limited(PRL)	21,498,836 ▲ 3.77

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