Trump's February 1 deadline for a 25% tariff on imports from Canada, Mexico, and China nears, but key details, like whether oil is included, remain undecided.
Caterpillar warned of a slight sales drop in 2025 due to weak demand and high borrowing costs, leading to a 4% drop in premarket shares and lower Q1 profit margins.
ABB expects higher demand for its electrification products despite DeepSeek's AI model, which uses fewer chips and threatens chipmakers like Nvidia, causing a tech selloff.
BBVA aims to hire 1,100 tech employees as part of its goal to reach 20,000 tech staff by 2025, focusing on roles in AI, cybersecurity, and data management.
H&M's Q4 operating profit exceeded forecasts at 4.6B SEK, but sales missed estimates at 62.19B SEK. For 2024, sales rose 1% to 234.58B SEK.
Shell's Q4 profit fell to $3.66B from $7.31B, hit by lower refining margins and LNG trading. The company announced a $3.5B share buyback.
Deutsche Bank posted a bigger-than-expected profit drop in Q4 and 2024, with net profit falling to €106M from €1.26B last year. Full-year profit dropped to €2.7B, missing forecasts.
Jaguar Land Rover is securing a $500M offshore loan to refinance an $800M loan maturing in January 2025, in talks with banks for a four-year term.
French budget talks nearly collapsed after Socialist officials paused talks over Prime Minister Bayrou's "invasion" comments on immigration.
Brazil's central bank, led by Gabriel Galipolo, is expected to raise rates by 1% for the second meeting, with concerns over his independence from President Lula.
Sweden's central bank reduced borrowing costs by 0.25% to 2.25%, the lowest in over two years, and indicated it may pause its easing measures to evaluate their effects.
A poll shows 85% of Greenlanders reject joining the US, despite Trump's push to take control of the resource-rich island with a US space facility.
Volvo's Q4 profits fell more than expected due to lower sales, though order intake rose.
Alibaba released its Qwen 2.5 AI model, claiming it surpasses DeepSeek-V3.
ASML shares rose 8.7% in Frankfurt after strong Q4 bookings of 7.08 billion euros, driven by high demand for advanced chip-making tools.
Norway's $1.8 trillion fund made a record $222 billion profit, driven by U.S. tech stocks.
Sony appointed Hiroki Totoki as CEO, boosting profits with a focus on entertainment. Operating profit rose 76% in the September quarter despite weak component demand.
LVMH shares fell in Frankfurt as its sales growth disappointed, especially after strong results from rivals like Richemont and Burberry.
GM CEO Mary Barra discussed tariffs with Trump, saying the company can minimize their impact. GM's 2025 EPS forecast of $11-$12 exceeds expectations, assuming stable policies.
Google Maps will rename the "Gulf of Mexico" to "Gulf of America" in the U.S. once updated in the Geographic Names System. The name will remain "Gulf of Mexico" in Mexico.
Ubisoft will close its Leamington site and restructure operations in Europe, affecting 185 employees, to cut costs and prioritize projects after underperforming titles.
SAP SE's Q4 cloud revenue rose 27% to €4.71 billion, slightly surpassing expectations. The company is promoting AI-driven cloud services to attract clients.
UBS has begun job cuts in Switzerland, impacting management and staff, as part of its Credit Suisse integration. Around 3,000 redundancies are expected.
OpenAI has asked an Indian court to dismiss a copyright lawsuit, claiming ChatGPT uses only public information. The case will be heard in New Delhi on Tuesday.