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News 2026-10-13 07:55 UTC

BUZZ — Schaeffler falls after revenue dips on China weakness

* German automotive and industrial supplier Schaeffler falls 3.2% after reporting lower nine-month revenue and €240 ($269 million) in E-Mobility special charges * Preliminary nine-month revenue slipped to €17.5 billion from €17.7 billion as declining project volumes, mainly in China, weighed on performance * The compan