Mercedes-Benz Cars & Vans expects an adjusted EBIT of 14 billion euros ($15.94 billion) in 2021, it said in preliminary results released on Friday, as it focuses on selling more higher value electric vehicles.

LONDON (Reuters) -Worried about record-high inflation, the European Central Bank may have significantly raised the threshold where it might staunch bond market sell-offs in Italy and other weaker euro bloc countries.

Credit Suisse on Friday downgraded global equities to "benchmark" rating from "overweight", citing the need for the U.S. Federal Reserve to raise interest rates above market expectations amid higher wage growth in the United States.

KUALA LUMPUR (Reuters) -Capital A Bhd , which owns Malaysia's flagship budget airline AirAsia, is forming an independent board for its aviation arm while mulling a separate listing of the business as the market recovers, its chief said on Friday.

BERLIN (Reuters) -Mercedes-Benz Cars and Vans expects an adjusted return on sales of 12.7% in the full year, the company reported in preliminary figures on Friday, with an adjusted EBIT of 14 billion euros ($15.94 billion).

Capital A Bhd has appointed a veteran of the telecoms industry as the non-executive chairman of its aviation unit and will form an independent board overseeing the business, the group said on Friday.