Mercedes-Benz sales fell 3% in 2024, with a 7% drop in China and a 3% decline in Europe, due to weak demand and a tough economy.
Jeff Bezos' Blue Origin is launching its New Glenn rocket on Sunday, aiming to challenge SpaceX's dominance in satellite launches after years of development.
Trader confidence in the pound has dropped this week, with bearish bets at their highest since early 2023, due to a bond selloff and concerns over the UK economy.
Retail trade in the euro area rose by 0.1% in November 2024, following a 0.3% decline in October. In the EU, retail trade increased by 0.2%, up from a 0.1% drop in October.
Rolls-Royce CEO Chris Brownridge is cautious about Trump's tariffs but remains confident as business is strong.
Egypt's inflation eased to 24.1% in December, raising hopes for an interest-rate cut. Food prices fell, and inflation is expected to continue slowing in 2025.
Britain's bond turmoil is compared to the 1970s debt crisis. Experts warn the Labour government may need austerity to address rising debt and reassure markets.
Mercedes-Benz will open 20 new dealerships in India in 2025, targeting smaller cities as young, wealthy business owners embrace luxury.
Iraq plans to cut gas flaring to 20% by next year and build an LNG import terminal to meet demand.
AT&T announced it will offer bill credits for network outages to attract customers, following significant disruptions in 2024, including a major nationwide service failure in February.
Meta ended its U.S. fact-checking program and eased restrictions on sensitive topics, responding to conservative criticism before Trump's second term.
Lufthansa is set to acquire a stake in Italian airline ITA on January 13, finalizing years of talks, with the deal expected to close in early 2025.
President-elect Trump is considering declaring a national economic emergency to justify universal tariffs on allies and adversaries, using the International Economic Emergency Powers Act.
Sunac China's shares and dollar notes dropped to their lowest in months, as concerns grow over upcoming interest payments and poor sales, with a $60 million due by March.
Sweden's core inflation slowed to 2.1% in December, below expectations, raising speculation that the Riksbank may cut interest rates this month.
Samsung's Q4 operating profit missed expectations at $4.47 billion, hurt by rising R&D costs, chip manufacturing, and weaker demand for memory chips.
The National Highway Traffic Safety Administration is investigating Tesla's self-driving software in 2.4M vehicles from 2016-2024, potentially leading to a recall.
Volkswagen's management will cut pay by over 300 million euros by 2030, with board members taking a larger share.
Crude oil prices hit a three-week high due to supply concerns and rising demand, with Brent at $77.32 and WTI at $74.61.
U.S. job openings rose to 8.1M in November, up from 7.8M in October, still exceeding pre-pandemic levels.
McDonald's is launching the McValue platform in 2025 to offer affordable options and attract customers amid rising competition.
Next Plc forecasts slower sales and profit growth due to tax hikes, with a 3.5% sales rise expected in 2025. Pretax profit for this year is expected to grow 10% to £1.01 billion ($1.3 billion).
Toyota invests $44 million in Interstellar Technologies to produce rockets and join its executive board.
BMW Group confirmed selling over 100 luxury cars to Russian buyers, despite EU and US sanctions banning exports of luxury goods to Russia since March 2022.