Facing a 26% China sales drop and weak outlook, Nike plans more job cuts in 2027 and a global reorganization to target $2.5B in savings.
Amazon plans to move $8B of Nvidia chips into an SPV and lease them back, taking an asset-light approach to boost its balance sheet.
Spotify hit 300 million paying subscribers, but high royalties—taking two-thirds of revenue—capped operating profit at €655M on €4.8B in sales, prompting pushes into podcasts and audiobooks.
Barclays will let UK staff delay its 3-day office mandate until 2027 with manager approval, following union backlash and calls for travel support and exemptions.
French energy giant TotalEnergies plans to invest $10 billion in Argentina, CEO Patrick Pouyanne announced at a Paris conference.
Tesla registrations surged across key European markets in September, up 61.9% in France and 38.4% in Sweden, extending its regional recovery.
Broadcom agreed to lend Anthropic up to $42B to fund TPU leases, with convertible debt options ahead of the AI startup's planned initial public offering.
The US has urged France and Germany to release emergency diesel stockpiles or face potential export bans, aiming to curb rising fuel costs.
Rising oil prices, inflation, and massive public debt are driving global bond yields to multi-decade highs, increasing borrowing costs for governments and consumers.
VW canceled 10 collective agreements affecting 130,000 German workers from late 2026, targeting pay and working hours to curb costs amid rising competition.
Anthropic warned prospective investors in its 261-page IPO filing that advanced artificial intelligence could pose "catastrophic or existential risks to humanity," dedicating nearly a third of the prospectus to risk disclosures while pursuing a potential $2 trillion valuation despite mounting losses.
Ex-Labour deputy leader Tom Watson defended Palantir UK, highlighting its 1,000 skilled British jobs aiding public services and defense.
Japanese Prime Minister Sanae Takaichi will pledge a nimble policy response to unexpected financial market and economic developments during a policy speech to an extraordinary parliamentary session next week.
Ford Motor CEO Jim Farley urged the United States to exercise extreme caution over how and whether Chinese automakers enter the domestic market.
Tesla secured $30B in credit lines to fund its AI, solar, and chip projects with SpaceX, replacing an older facility with no immediate plans to draw.
Coca-Cola named Monster Energy Americas head Rob Gehring to lead its North America unit from Dec. 1 to drive regional growth.
Volkswagen agreed on Monday to expand its partnership with Chinese battery manufacturer Gotion through three joint ventures across Spain, Slovakia, and Morocco to accelerate its European supply chain, while separately selling a 5.3% equity stake in the company while remaining a significant shareholder.
Brazilian state-run oil company Petrobras has signed a production-sharing agreement to explore eight offshore blocks along the equatorial margin of Côte d'Ivoire, operating with a 90% stake alongside local state firm Petroci Holding as part of a broader strategy to replenish global oil and gas reserves.
Nvidia authorized an additional $150 billion under its existing share repurchase program on Monday—marking the largest buyback authorization increase on record—lifting the chipmaker's total remaining buyback capacity to $235 billion through fiscal 2028 as soaring artificial intelligence chip demand continues to fuel strong cash generation.
European Union Energy Commissioner Dan Jørgensen has called on member states to implement measures curbing gas and electricity consumption ahead of winter.
The Chinese government has signaled it may permit domestic tech giants ByteDance and Alibaba to purchase Nvidia's RTX PRO 5500 chips designed for high-end professional computers.
SpaceX is set to launch Starship on Monday in its first orbital attempt, aiming to circle Earth and deploy 26 next-gen Starlink satellites.
Brazilian President Luiz Inácio Lula da Silva signed into law a national policy dedicating up to 7 billion reais ($1.27 billion) to stimulate research, extraction, and domestic processing of critical and strategic minerals, backed by a 2 billion reais federal guarantee fund to bolster mineral sovereignty and supply chains for green technology and defense industries.
Japan's services producer price index rose 3.7% year-on-year in August its fastest pace since June 2024 driven by rising freight, advertising, and rental lease costs, reinforcing expectations for further Bank of Japan interest rate hikes following its recent move to 1.25%.