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Indian IT bellwether Infosys Ltd has entered into a multi-year deal with German automotive major Daimler AG to manage its infrastructure services and data centres in Europe.
German truck and automaker Daimler AG reported Wednesday that it's third quarter underlying profit, along with earnings, both increased in the second quarter of the year.
Daimler AG reported a sharp rise in second-quarter operating earnings on record sales in its Mercedes-Benz luxury car division.
Daimler AG, owner of Mercedes-Benz and other transportation brands, saw it's revenue jump 6% to $42.4 million thanks to a 4% increase in second-quarter sales.
As the U.S. and Europe escalate sanctions against Russia over its role in the Ukraine crisis, companies such as Exxon Mobil Corp., Airbus Group NV and Daimler AG are facing a threat to their multibillion-dollar businesses in the country.
Daimler Trucks division head Wolfgang Bernhard says the self-driving market will 'offer solid revenue and earnings potential.'
Updated: Tue Jul 29, 2014 04:00 am
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