Morgan Stanley has rehired veteran banker Michael Grimes as investment banking chairman, positioning the bank for a surge in major tech IPOs.
Target will invest more in frontline store staff and training while eliminating about 500 office and supply-chain jobs to streamline operations.
Barclays reported a 12% rise in annual profit and set higher targets through 2028, focusing on its home market, AI cost cuts and shareholder returns.
U.S. ports saw a 6.8% fall in January imports from a year ago, pointing to more normalized trade after 2025's tariff-driven surge.
Apollo Global Management plans a $3.4 billion loan to buy Nvidia chips and lease them to Elon Musk's xAI for AI infrastructure expansion.
Ferrari unveiled teaser images of its first all-electric model, Luce, showing the interior while keeping the exterior hidden until May.
EU regulators may impose temporary measures to stop Meta from blocking rival AI chatbots on WhatsApp during an antitrust probe.
China failed to cut soybean meal use in animal feed in 2025, stuck at 13.4%, missing targets to reduce reliance on imported soybeans.
PM Sanae Takaichi's ruling coalition swept the lower house vote, securing a strong majority and backing her tough stance on China and defence build-up.
Treasury Secretary Bessent says the Fed is unlikely to rush balance sheet cuts, noting it could take a year before any major decisions.
Philip Morris forecasts double-digit profit growth for 2026, betting on Zyn and IQOS as competition intensifies and shares dip.
Novo shares rose 5% after the FDA vowed to crack down on illegal copycat weight-loss drugs, easing pressure from cheaper compounded rivals.
Baidu announced its first-ever dividend and a US$5bn share buyback through 2028, aiming to boost investor confidence amid intense AI competition.
China's trade with Peru, Chile and Ecuador hit record highs, driven by minerals and the new Chancay port, blunting US pressure on the region.
ConocoPhillips targets $1bn in cost cuts in 2026 after missing Q4 profit estimates on weaker oil prices, sending shares down 2.5%.
Toyota CEO Koji Sato will step down after three years, becoming vice chairman, as CFO Kenta Kon takes over amid scrutiny of a key subsidiary buyout.
Santander offers first-time buyers up to 98% mortgage, but excludes flats, new-builds, self-employed applicants, and loans over £500k.
Coca-Cola will discontinue frozen products, including Minute Maid frozen items, in the US and Canada by Q1 2026 as consumer tastes shift.
Minister Luke Pollard says delays to the military spending plan reflect its complexity, as it reshapes forces and fills a £28bn funding gap.
Chevron announced 2026 changes as veteran executives retire and internal leaders take over strategy, trading and development roles.
The U.S. proposed a minerals trade bloc with price floors to curb China's dominance, drawing 55 countries as markets reacted with sharp mining stock declines.
Toyota is expected to post a third straight quarterly profit decline as rising costs and U.S. tariffs bite, despite record sales and strong hybrid demand.
U.S. regulators are investigating Nike over claims its diversity policies discriminated against white workers.
Alphabet's AI push is paying off as Gemini drives user growth and cloud revenue, convincing Wall Street that Google has emerged as the new AI leader.