Kraft Heinz is investing $3B to upgrade U.S. factories, aiming to cut costs and offset Trump's tariffs, despite weak consumer sentiment and lower forecasts.
Trump met Syria's president in Saudi Arabia, urging Israel ties after the U.S. lifted sanctions on his Islamist-led government before a Gulf summit.
Samsung to buy Germany's FlaktGroup for €1.5B to boost data center cooling for AI. It's Samsung's biggest deal in 8 years, buying from Triton.
Spain's Telefonica reported a €1.3B Q1 loss after write-downs in Peru and Argentina, in line with analyst forecasts of a €1.32B loss.
The U.S. agreed to a $142B arms deal with Saudi Arabia, the largest ever, covering defense, missiles, air, sea, space, and communication tech.
Japan's wholesale inflation rose to 4.0% in April as firms passed on higher raw material and labor costs, likely supporting more rate hikes by the central bank.
Xiaomi SU7 orders dropped 55% after a fatal crash raised safety concerns. Tighter rules and poor communication add to the backlash hurting sales.
The U.S. will cut tariffs on low-value Chinese imports like Shein and Temu, easing trade tensions after a deal with Beijing to reduce earlier duties.
BlackRock CEO Larry Fink says trillions are sitting idle in cash as trade war fears and U.S. economic uncertainty shake investor confidence.
Nissan plans to cut 11,000 more jobs and scale back production after a tough year, with profits nearly wiped out and no forecast for the new financial year.
The U.S. posted a $258B budget surplus in April, up 23% from last year, boosted by strong tax receipts and record import duty collections, per Treasury.
U.S. new-car prices jumped 2.5% in April, driven by Trump's auto tariffs—more than double the usual rise, per Kelley Blue Book.
McDonald's plans to hire 375,000 workers this summer, aligning with Trump's admin to stay on its good side and avoid health or labor-related regulations.
JPMorgan raised China growth forecast after a positive US-China trade deal. Tariffs cut for 90 days: US to 30% from 145%, China to 10% from 125%.
UniCredit signs 10-year deal with Google Cloud to boost its digital transformation and modernize services across its banking operations.
Trump to receive luxury Boeing 747-8 jet from Qatar's royal family as Air Force One; gift raises legal concerns, to go to his library after second term.
UK mortgage lending hit a 4-year high in March as buyers rushed to beat April's stamp duty hike, with borrowing surging to £13bn, Bank of England data shows.
Trump to sign order cutting U.S. drug prices to match rates in rich countries, aiming for 30–80% savings through "most favored nation" pricing.
Over 1.2 million UK bank customers were hit by major outages in late February, a new House of Commons report has revealed.
Nissan scraps $1.1B EV battery plant in Kyushu and may offer early retirement to hundreds in Japan, its first domestic job cut in 18 years, per Nikkei.
British Airways lost £40m from a March Heathrow power outage, with no insurance or airport compensation; only a few flights operated after a 7-hour delay.
Bill Gates pledged $200B to his foundation by 2045, aiming to fight disease and poverty. He accused Elon Musk of harming the poor by slashing U.S. foreign aid.
HSBC launches TradePay for Import Duties, helping U.S. clients pay duties directly while accessing credit, boosting control and visibility over working capital.
Thailand faces prolonged, uncertain impact from U.S. tariffs, says central bank chief. Effects expected to become clearer in the second half of the year.