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Witnesses reported explosions in Kiev that sounded like air defences in action.Japans seasonally adjusted merchandise trade account in August was -595.85 billion yen, compared with expectations of -989 billion yen and the previous value of -755.2 billion yen.Japans core machinery orders month-on-month rate in July was -0.1%, in line with expectations of 0.5% and the previous value of 2.10%.Japans core machinery orders in July were 8.7% year-on-year, in line with expectations of 4.2% and the previous value of -1.70%.Japans merchandise exports in August were 5.6% year-on-year, in line with expectations of 10%. The previous value was revised from 10.30% to 10.20%.

BMW Hits 2022 Pretax Earnings Target—Focus Magazine Quoting CFO

Aria Thomas

Feb 13, 2023 11:56

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BMW met its objective for significantly greater pretax earnings in 2022 compared to the previous year, according to Focus Money magazine, citing the German automaker's chief financial officer.


"We have no cause to adjust the forecasts... If not, we would not be sitting here so calmly "Focus Money magazine reported that CFO Nicolas Peter stated.


The automaker, which is scheduled to release its annual results in mid-March, was not immediately to corroborate the report.


Peter stated that demand in the United States was quite healthy and that Europe's order backlog remained large, but that new orders were declining in the United Kingdom and Germany. According to him, France and Spain are performing better.

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