JPMorgan and Allen & Co earn $180M in fees as Netflix and Paramount battle for Warner Bros, with JPMorgan also taking $189M in financing fees.
Japan's rising Sanseito party says the BOJ is raising rates too fast, warning higher borrowing costs could hurt the fragile economy ahead of elections.
Intel shares rise as AI data center demand boosts server chips, with investors watching results for signs CEO Lip-Bu Tan's turnaround is working.
At Davos, Trump said the U.S. won't use force to gain Greenland but insisted only America can secure it, urging talks with Denmark despite NATO concerns.
Goldman Sachs promotes consumer banker Ben Frost to chairman of investment banking, naming Cosmo Roe and Milan Hasecic as retail co-heads.
Tesla has reduced staff at its Berlin gigafactory by about 1,700 workers, a 14% drop, amid broader global layoffs to cut costs.
Rio Tinto topped forecasts for fourth-quarter iron ore and copper production, signalling operational gains under its new CEO and lifting shares.
Nvidia CEO Jensen Huang plans to visit China in late January as the company looks to reopen a key market for its AI chips.
Berkshire Hathaway may sell its 27.5% stake in Kraft Heinz, ending a long-running investment after years of write-downs and weak performance.
Nike appointed new regional leaders across EMEA, Greater China, and Asia Pacific as it seeks to revive growth and strengthen demand in key markets.
Citigroup CEO Jane Fraser said proposed credit card interest rate caps lack bipartisan support and could restrict credit access across the U.S. economy.
Denmark's AkademikerPension will sell about 100 million in U.S. Treasuries by month-end, citing weak U.S. government finances, not politics.
GSK agreed to acquire US biotech RAPT for 2.2bn, gaining a promising food allergy drug that could become a blockbuster by 2031.
Netflix revised its Warner Bros deal to an all-cash offer at 27.75 per share, aiming to shut out Paramount and speed shareholder approval.
PM Mark Carney is courting China and new trade partners to cut reliance on the U.S., but Canada still sends about two-thirds of exports south.
Bank of Japan likely to raise its 2026 growth forecast and stay open to further rate hikes, but timing remains unclear amid market volatility and politics.
Renault's 2025 vehicle sales rose 3.2%, led by Clio and Sandero demand overseas, offsetting weak European van sales and flat Europe growth.
Trump will address global CEOs at Davos, discussing U.S. policy and possibly Greenland. His presence draws attention as tensions rise over tariffs and economic moves.
Prime Minister Takaichi announces a snap election, pledging to suspend the 8% food tax for two years. The move raises concerns over Japan's fiscal health and bond yields.
Powerchip shares rose nearly 10% after Micron said it would buy its P5 chip plant in Taiwan for $1.8 billion in cash.
EU may target €93bn in US tariffs or market limits to counter Trump threats over Greenland, aiming to gain leverage at Davos talks.
South Korea says new U.S. tariffs target AI chips, not memory chips it exports most, so near-term impact is limited, though risks remain.
Canada's inflation rose 2.4% in December, driven by a tax break impact, but core inflation eased for the third month. The Bank of Canada is likely to keep rates steady.
JPMorgan says Jamie Dimon was never offered Fed chair, backing Trump's denial, amid debate over Fed independence and tensions over alleged political debanking.