Sunday, November 18News That Matters

Fresh Profit Warning Exposes Flaw in Thyssenkrupp Spin-Off Logic

Fresh Profit Warning Exposes Flaw in Thyssenkrupp Spin-Off Logic

Thyssenkrupp on Thursday cut its profit outlook for the second time this year, blaming provisions for an ongoing steel cartel probe and quality issues at its automotive unit, the latest in a string of bad news for the crisis-ridden group.

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