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Mercedes car earnings plunge as China shuns luxury

(Reuters) — German premium automaker Mercedes-Benz (MBG.DE, MBGAF) on Friday said third-quarter earnings in the core car division plunged by 64%, massively missing analysts’ estimates, as Chinese consumers continued to cut back on luxury goods in a weakening economy. “The Q3 results do not meet our ambitions,” CFO Harald Wilhelm …

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YouTube brings its affilate program to India, partners with Flipkart

Just ahead of the local festive season, YouTube has brought its affiliate program to India, letting uploaders tag products in their videos and earn referrals. The company is partnering with Walmart-owned e-commerce service Flipkart and fashion retailer Myntra to open up their product catalogs to uploaders. To be eligible for …

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