Diageo names ex-Tesco boss Dave Lewis as new CEO, ending a long search. Interim CEO Nik Jhangiani will stay on until December before returning as finance chief.
Pfizer won a $10B deal for obesity drug maker Metsera, beating Novo Nordisk after Metsera cited U.S. antitrust risks in Novo's rival bid.
China suspended for a year the sanctions on U.S.-linked units of South Korea's Hanwha Ocean, effective immediately, its commerce ministry said Monday.
India plans 1.5M-ton sugar exports as lower ethanol use boosts surplus, potentially pressuring NY and London sugar futures near five-year lows.
The Senate advanced a bill to end the 40-day government shutdown, funding operations until Jan. 30 and adding three full-year spending measures.
China's exports fell in October after rushing U.S. orders to avoid Trump tariffs, showing reliance on U.S. demand despite efforts to expand other markets.
Honda is recalling 406,290 U.S. vehicles due to a flaw that could cause alloy wheels to detach. Affected models include 2016–2021 Civics with 18-inch wheels.
Apple TV service is back online in the U.S. after a brief outage. Reports of issues dropped to 208 from a peak of 15,000,
Daimler Truck's Q3 profit fell 40% to €716M, missing forecasts, but the company maintained its yearly outlook amid strength in Europe and North America.
Tesla shareholders approved Elon Musk's record-breaking pay deal with 75% support, celebrating at the Austin factory as dancing robots joined the stage.
Nvidia CEO Jensen Huang, visiting Taiwan's TSMC, said the firm won't ship to China now but hopes to serve the Chinese market again in the future.
Volvo Cars aims for a long-term operating margin above 8%, strengthening ties with Geely to cut costs and boost cash flow, while keeping some hybrid models.
Nissan sold and leased back its Yokohama HQ in a ¥97B ($643M) deal, expecting ¥73.9B income this fiscal year as part of its restructuring plan.
Turkish Airlines agreed with GE Aerospace to buy engines and maintenance for 75 Boeing 787s, part of its 2029–2034 fleet expansion plan.
Boeing settled three lawsuits with families of victims from the 2019 Ethiopian Airlines 737 MAX crash. Terms were undisclosed after a jury was selected in Chicago.
Nordea aims for a return on equity above 15% by 2026-2030, focusing on profitable growth, especially in Norway and Sweden, its largest markets.
Toyota raised its full-year profit forecast to 3.4T yen ($22.6B), up 6%, expecting strong global sales to offset U.S. import tariff impacts.
Japan's top currency diplomat, Atsushi Mimura, warned that the AI-driven stock market surge may be too rapid and overvalued, raising concern about market excesses.
Amazon sues Perplexity AI, claiming its Comet AI bot illegally buys items for users, violating terms of service, raising questions on AI shopping limits.
Google and Epic Games reached a U.S. court settlement over Android and app store practices, agreeing on reforms to cut fees, boost competition, and expand choices.
BP won a $1B+ arbitration against Venture Global, arguing unfair behavior. The win came two months after Shell lost a similar LNG case without using that argument.
BMW's Q3 car unit margin rose to 5.2%, beating forecasts despite U.S. and EU tariffs and strong China competition, up from 2.3% a year earlier.
Amazon's $38B cloud deal with OpenAI boosts AWS after losing ground to Microsoft and Google, marking a major win for its cloud business despite recent setbacks.
U.S. Steel and Nippon Steel launch a multi-year growth plan, targeting $14B in U.S. investments, with $11B set to be invested by the end of 2028.