BP has halted work on its Rotterdam biofuels plant amid weak demand, shifting focus back to oil and gas after poor returns from its earlier renewables push.
SAP has offered concessions to address EU antitrust concerns and avoid a probe over its business practices in the enterprise software market.
Oil prices rose on Monday, supported by geopolitical tensions, but gains were capped by the prospect of more supply and trade tariff concerns.
Pfizer is reportedly nearing a $7.3 billion deal to acquire weight-loss drug developer Metsera, with an announcement possible as soon as Monday.
Ericsson has won an 8-year, $1.33 billion deal to supply 5G equipment to the newly merged VodafoneThree UK mobile network.
Abu Dhabi's TII and Nvidia have partnered to launch the Middle East's first joint AI research lab, focusing on next-gen AI models and robotics.
Republicans aim to pass a stopgap bill to avoid an Oct. 1 shutdown, funding the gov't through Nov. 21 and adding $88M for officials' security after Charlie Kirk's killing.
BlackRock and Vanguard cut CEO meetings after SEC guidance limited talks on climate and diversity, reducing investor input and raising risk of surprise votes.
Nvidia's $5B Intel investment boosts U.S. chip ties, easing scrutiny on Asian rivals like TSMC, but may raise competition long-term with joint chip development.
Hundreds lined up at Apple's Beijing store as iPhone 17 launched. The Pro Max, starting at ¥9,999, drew most buyers and is expected to be the top seller.
SoftBank will cut 20% of Vision Fund staff to focus on U.S. AI bets, despite strong gains from Nvidia and Coupang in its best quarter since June 2021.
Ford is recalling over 100,000 Taurus cars in the U.S. due to a defect that could cause door trim to detach while driving, the NHTSA said on Friday.
The Trump administration moves to speed up power projects as AI drives demand, urging fossil fuel plants to stay open and seeking input on energy needs and plans.
FedEx beat profit and revenue estimates as U.S. deliveries and cost cuts offset weak global volumes after low-value import tax breaks ended. Shares rose 5.5%.
Microsoft will build a second AI data center in Wisconsin, boosting its investment to over $7B. The project will create up to 800 jobs once fully completed.
The IMF has proposed Dan Katz, chief of staff to U.S. Treasury Secretary Scott Bessent, for the fund's No. 2 role.
New Nestlé chair Pablo Isla, ex-Zara CEO, brings e-commerce and trend expertise to revamp the brand, aiming to boost appeal with younger consumers.
A study shows the U.S. now relies more on EU imports than China, with over 3,100 product groups sourcing 50%+ from the EU—up from 2,600 in 2010.
A judge approved Disney's $233M settlement with over 51,000 Disneyland workers who claimed they were denied a living wage. The deal was called fair and reasonable.
SoftBank's joint venture with OpenAI in Japan is delayed. It was planned for this summer, but setup is slow. An update is expected in November, per a source.
Mars will invest €1B in EU by 2026 to boost manufacturing, sustainability, and innovation, adding to €1.5B spent in the past 5 years across 24 factories.
EU antitrust regulators resumed their probe into Mars' $36B bid for Pringles maker Kellanova, with a decision due by Dec 19 after a brief pause in July.
Ben & Jerry's co-founder Jerry Greenfield quit, citing lost independence as Unilever curbed the brand's activism amid a deepening rift over its Gaza stance.
Dollar dipped, gold hit new highs, and stocks rose as markets awaited a Fed rate cut. Euro and Hong Kong shares surged; oil firmed after Ukraine-Russia tensions.