Japan's top currency diplomat, Atsushi Mimura, warned that the AI-driven stock market surge may be too rapid and overvalued, raising concern about market excesses.
Amazon sues Perplexity AI, claiming its Comet AI bot illegally buys items for users, violating terms of service, raising questions on AI shopping limits.
Google and Epic Games reached a U.S. court settlement over Android and app store practices, agreeing on reforms to cut fees, boost competition, and expand choices.
BP won a $1B+ arbitration against Venture Global, arguing unfair behavior. The win came two months after Shell lost a similar LNG case without using that argument.
BMW's Q3 car unit margin rose to 5.2%, beating forecasts despite U.S. and EU tariffs and strong China competition, up from 2.3% a year earlier.
Amazon's $38B cloud deal with OpenAI boosts AWS after losing ground to Microsoft and Google, marking a major win for its cloud business despite recent setbacks.
U.S. Steel and Nippon Steel launch a multi-year growth plan, targeting $14B in U.S. investments, with $11B set to be invested by the end of 2028.
Ferrari cut U.S. price hikes to a max of 5% after a deal lowered tariffs on European imports, down from the 10% increase announced after Trump's 27.5% levy.
UK finance minister Rachel Reeves signaled broad tax hikes to protect public services and cut debt, calling her upcoming budget one of "hard choices" amid weak growth.
Starbucks will sell control of its China business to Boyu Capital for $4B, aiming to boost growth amid local rivals offering much cheaper coffee.
Norway's $1.7T wealth fund will vote against Tesla CEO Elon Musk's proposed $1T pay package, calling it excessive ahead of the Nov. 6 shareholder meeting.
Nintendo raised its profit forecast by 16% to ¥370B and boosted Switch 2 sales target to 19M units for the year ending March 2026.
Novo Nordisk's new CEO Mike Doustdar faces investor scrutiny as the Wegovy maker reports Q3 results and eyes a bidding war with Pfizer.
OpenAI signed a 7-year, $38B deal with Amazon for cloud services, gaining access to Nvidia GPUs to boost its AI model training and operations.
Japanese PM Takaichi said she won't renegotiate the $550B U.S. investment deal, stressing that government promises should remain unchanged.
Trump said Nvidia's top Blackwell AI chips will be reserved for U.S. firms only, blocking sales to China and other countries.
Heineken vowed to boost revenue and cut costs, but investors say deeper moves like plant closures may be needed to improve efficiency and revive growth.
Volkswagen got $426M in credit from Brazil's BNDES to develop hybrid cars and boost exports, aiming to launch hybrid versions of all new South American models by 2026.
Ryanair posted higher-than-expected half-year profit and raised its traffic forecast, citing early Boeing deliveries and strong demand, expecting profit growth.
BP will sell its Permian and Eagle Ford midstream stakes for $1.5B to Sixth Street funds, part of its $20B divestment plan to cut costs by 2027.
ExxonMobil warns it may quit the EU unless a new sustainability law—fining firms 5% of global revenue for violations—is eased, CEO Darren Woods said.
The Bank of England is expected to hold rates at 4% on Thursday after recent soft inflation and wage data, pausing cuts for the first time since last year.
Chevron beat Q3 estimates with $3.6B profit ($1.85/share) as record output from its $55B Hess deal and strong refining margins boosted results.
Netflix may bid for Warner Bros Discovery's studio and streaming arm, hiring Moelis & Co and gaining access to key financial data for evaluation.