BMW’s net profit for 2024 dropped by 36.9% to 7.68 billion euros, citing subdued demand in the Chinese market. The company expects a lower earnings margin of 5% to 7% in 2025 due to tariffs impacting earnings and a challenging competitive environment. BMW’s chief financial officer noted that added tariffs on U.S. imports would decrease autos earnings margin by one percentage point, with ongoing challenges in China and supply chain support measures as headwinds for the year ahead.
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Road teams win all Game 1s in conference semifinals
NBA Playoffs: Unprecedented Road DominanceIn a historic turn during the NBA playoffs, road teams have remarkably gone 6-0 over three days, with the Golden State Warriors leading the charge by defeating the second-seeded Rockets and winning Game 1 against the Timberwolves. Additionally, the Indiana Pacers stunned the top-seeded Cavaliers, while the Denver Nuggets upset the Thunder, showcasing the league's increasing parity and high-scoring games. This unprecedented success for road teams highlights a shift in the...
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