News

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Fri, 07 Nov 2025 18:30:03 GMT

Honda recalls cars over wheels

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.

Fri, 07 Nov 2025 15:30:06 GMT

Apple TV back online

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,

Fri, 07 Nov 2025 12:30:05 GMT

Daimler profits fall

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.

Fri, 07 Nov 2025 09:30:04 GMT

Elon Musk to get compensated

Tesla shareholders approved Elon Musk's record-breaking pay deal with 75% support, celebrating at the Austin factory as dancing robots joined the stage.

Fri, 07 Nov 2025 07:30:10 GMT

Nvidia pauses China plans temporarily

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.

Fri, 07 Nov 2025 03:30:07 GMT

Volvo targets 8% margin

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.

Thu, 06 Nov 2025 21:30:05 GMT

Nissan sells, leases back HQ

Nissan sold and leased back its Yokohama HQ in a ¥97B ($643M) deal, expecting ¥73.9B income this fiscal year as part of its restructuring plan.

Thu, 06 Nov 2025 18:30:05 GMT

Turkish Airlines reaches deal with GE

Turkish Airlines agreed with GE Aerospace to buy engines and maintenance for 75 Boeing 787s, part of its 2029–2034 fleet expansion plan.

Thu, 06 Nov 2025 15:30:08 GMT

Boeing settles crash lawsuits

Boeing settled three lawsuits with families of victims from the 2019 Ethiopian Airlines 737 MAX crash. Terms were undisclosed after a jury was selected in Chicago.

Thu, 06 Nov 2025 12:35:04 GMT

Nordea sees higher returns equity

Nordea aims for a return on equity above 15% by 2026-2030, focusing on profitable growth, especially in Norway and Sweden, its largest markets.

Thu, 06 Nov 2025 12:30:05 GMT

Toyota raises profit outllok

Toyota raised its full-year profit forecast to 3.4T yen ($22.6B), up 6%, expecting strong global sales to offset U.S. import tariff impacts.

Thu, 06 Nov 2025 09:35:03 GMT

Japan currency diplomat warns about market surge

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.

Thu, 06 Nov 2025 09:30:11 GMT

Amazon sues AI company

Amazon sues Perplexity AI, claiming its Comet AI bot illegally buys items for users, violating terms of service, raising questions on AI shopping limits.

Thu, 06 Nov 2025 03:30:04 GMT

Google and Epic settle antitrust case

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.

Wed, 05 Nov 2025 21:30:04 GMT

BP wins arbitration case

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.

Wed, 05 Nov 2025 18:30:04 GMT

BMW profit beats forecast

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.

Wed, 05 Nov 2025 15:30:04 GMT

Amazon wins $38B OpenAI deal

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.

Wed, 05 Nov 2025 12:30:08 GMT

U.S. Steel to invest with Nippon Steel

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.

Wed, 05 Nov 2025 09:30:07 GMT

Ferrari slashes price hikes

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.

Wed, 05 Nov 2025 06:30:06 GMT

UK may raise taxes

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.

Wed, 05 Nov 2025 03:30:04 GMT

Starbucks sells China unit

Starbucks will sell control of its China business to Boyu Capital for $4B, aiming to boost growth amid local rivals offering much cheaper coffee.

Tue, 04 Nov 2025 21:30:04 GMT

Norway to vote against Elon Musk's pay package

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.

Tue, 04 Nov 2025 18:30:04 GMT

Nintendo raises forecasts

Nintendo raised its profit forecast by 16% to ¥370B and boosted Switch 2 sales target to 19M units for the year ending March 2026.

Tue, 04 Nov 2025 15:30:03 GMT

Novo Nordisk's CEO under pressure

Novo Nordisk's new CEO Mike Doustdar faces investor scrutiny as the Wegovy maker reports Q3 results and eyes a bidding war with Pfizer.

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