European shares slip but set for weekly gains; Mercedes drops
- Posted on September 20, 2024
- By Business News Today
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European shares slip but set for weekly gains; Mercedes drops
Automobile shares led sectoral losses with a 2.9% fall, hurt by a 7.6% drop in Mercedes-Benz after the carmaker cut its full-year profit margin for the second time in less than two months, as overall sales volume fell in China.