Mercedes-Benz Group trimmed the upper range of a key margin forecast on the back of a subdued outlook and strong competition in China, chiming with other carmaker warnings. The company now expects returns in a range of 10% to 11% from its core automaking business, after previously saying margins could be as high as 12%. In the US, Vice President Kamala Harris said she pressed Israeli Prime Minister Benjamin Netanyahu to accept a cease-fire and warned him about the civilian death toll in Gaza during a meeting. Today's guests: Louise Dudley, Federated Hermes; Jean Jacques Morin, Accor Deputy CEO; Simon Chadwick, Skema Business School