GM has told thousands of suppliers to stop using parts from China and shift supply chains elsewhere, aiming to cut China ties by 2027.
PayPal is relaunching in the UK, offering debit and credit cards, plus its PayPal+ loyalty program, nearly two years after post-Brexit restructuring.
SoftBank sold its entire Nvidia stake for $5.83B and part of its T-Mobile stake for $9.17B to boost funds and support its big bet on OpenAI.
Porsche's 9-month profit fell over a third as Porsche AG's crisis hit earnings. The family-controlled firm holds 31.9% of VW shares and 12.5% of Porsche AG.
SoftBank's Q2 net profit surged to $16.6B, over double last year's, boosted by OpenAI valuation gains far above analysts forecast.
Vodafone raised its full-year outlook after Germany growth, expecting upper-end results: earnings of €11.3–11.6B and free cash flow of €2.4–2.6B.
Sony raised its profit forecast 8% for FY ending Mar 2026, boosted by strong music, anime, and chip sales, with limited U.S. tariff impact.
The U.S. and Switzerland are nearing a deal to cut Trump-era tariffs from 39% to 15%, with talks expected to conclude within weeks.
Economist Takuji Aida said the BOJ should delay rate hikes until at least January and urged the government to boost spending to ease pressure on households.
Novartis opened a new 10,000-sq-ft factory in Carlsbad, CA, to make radioligand cancer drugs like Pluvicto and Lutathera, part of its U.S. expansion plan.
RBA's Andrew Hauser says Australia's economy recovered with demand above potential, leaving little room for near-term policy easing, tightest since 1980s.
The U.S. dollar eased 0.1% to 99.643 as government funding hopes lifted confidence after weak economic data and Senate progress on a funding measure.
Diageo names ex-Tesco boss Dave Lewis as new CEO, ending a long search. Interim CEO Nik Jhangiani will stay on until December before returning as finance chief.
Pfizer won a $10B deal for obesity drug maker Metsera, beating Novo Nordisk after Metsera cited U.S. antitrust risks in Novo's rival bid.
China suspended for a year the sanctions on U.S.-linked units of South Korea's Hanwha Ocean, effective immediately, its commerce ministry said Monday.
India plans 1.5M-ton sugar exports as lower ethanol use boosts surplus, potentially pressuring NY and London sugar futures near five-year lows.
The Senate advanced a bill to end the 40-day government shutdown, funding operations until Jan. 30 and adding three full-year spending measures.
China's exports fell in October after rushing U.S. orders to avoid Trump tariffs, showing reliance on U.S. demand despite efforts to expand other markets.
Honda is recalling 406,290 U.S. vehicles due to a flaw that could cause alloy wheels to detach. Affected models include 2016–2021 Civics with 18-inch wheels.
Apple TV service is back online in the U.S. after a brief outage. Reports of issues dropped to 208 from a peak of 15,000,
Daimler Truck's Q3 profit fell 40% to €716M, missing forecasts, but the company maintained its yearly outlook amid strength in Europe and North America.
Tesla shareholders approved Elon Musk's record-breaking pay deal with 75% support, celebrating at the Austin factory as dancing robots joined the stage.
Nvidia CEO Jensen Huang, visiting Taiwan's TSMC, said the firm won't ship to China now but hopes to serve the Chinese market again in the future.
Volvo Cars aims for a long-term operating margin above 8%, strengthening ties with Geely to cut costs and boost cash flow, while keeping some hybrid models.