BMW shares rose 2.3% on Wednesday despite the German automaker lowering its 2026 financial outlook for the second time this year and reporting a sharp decline in quarterly profits. The company now expects its 2026 operating margin in the core automotive business to range between -0.5% and 0.5%, well below its long-term target of 8% […]
German sportswear giant Adidas raised its full-year profit forecast after reporting a record third-quarter operating profit, supported by a US tariff refund and strong full-price sales. The company’s operating profit rose 37% to €1.008 billion from €736 million in the same period last year, according to Reuters on October 20, 2026. Adidas received approximately €200 […]

