Norway's $1.8tn sovereign wealth fund invested £570m for a 25% stake in Covent Garden's £2.7bn property portfolio, betting on central London's future success.
Tesla is recalling over 46,000 Cybertrucks in the U.S. due to a potential issue with exterior panels detaching. This is the 8th recall since January 2024.
Argentina's CGT union will hold a 24-hour strike on April 10, protesting President Milei's austerity measures, which unions say have led to layoffs and hurt purchasing power.
Japan's core inflation hit 3.0% in February, signaling broad price pressure and reinforcing expectations for more rate hikes after BOJ Governor Ueda's warning.
U.S. existing home sales rose 4.2% in February, driven by lower mortgage rates and more inventory. Home prices hit a record high, rising 3.8% to $398,400.
The European Commission aims to redirect €10 trillion in EU savings into strategic investments to boost Europe's economy and keep it globally competitive.
Hino Motors, a Toyota subsidiary, pleaded guilty to emissions fraud in the U.S., fined $521.76M, and faces 5 years probation, halting diesel engine imports.
Apple is losing over $1 billion annually on Apple TV+, spending $5 billion a year on content since 2019, though it cut the budget by $500 million last year.
Lamborghini's 2024 revenue rose 16% to €3.09B, despite concerns over potential U.S. tariffs. It sold 10,687 cars, with 3,000 in the U.S., its biggest market.
France's Bpifrance will launch a €450M fund to finance defense projects as part of efforts to boost military spending amid concerns over Russian threats and U.S. support.
EU regulators ordered Apple to open its ecosystem to rivals under the Digital Markets Act, warning of potential fines for non-compliance.
Deutsche Bank will cut branches and reduce retail bank staff by 2,000 in 2025 as part of cost-cutting efforts, CEO Christian Sewing announced.
Chinese AI startup Zhipu AI raised 300M yuan ($41.5M) from a Chengdu government fund, adding to recent investments from Zhuhai and Hangzhou as cities boost AI support.
A judge blocked the Trump administration from terminating $14B in climate grants, saying fraud claims were insufficient. The EPA's freeze on funds was also lifted.
Pfizer sold its entire stake in Haleon for £2.5B ($3.24B), offloading 7.3% of the company. Haleon will buy back 44M shares, with 618M sold to investors.
Santander UK plans to close 95 branches and cut around 750 jobs, leaving 349 branches, including 290 full-service and 36 with reduced hours.
Trump's administration has admitted firing nearly 25,000 workers and said federal agencies are working to reinstate them after a judge ruled the terminations likely illegal.
US stock allocation saw its biggest drop ever in March due to concerns over stagflation, trade wars, and US exceptionalism, according BofA reports.
Siemens will cut 5,600 jobs in its digital industries business due to lower demand in China and Germany, and increased competition, reducing orders and revenue.
Germany's parliament will vote on a 500-billion-euro fund to boost infrastructure and security spending, despite trade tensions with the US and after recent elections.
Toronto ends financial incentives for Tesla taxis and ride shares due to US trade tensions, but offers fee reductions for electric vehicles to lower emissions.
In 2024, the Swiss National Bank bought 1.2 billion francs in foreign currency, a sharp drop from 132.9 billion francs sold in 2023 as inflation was controlled.
Drugmakers urge the Trump administration and EU to exclude medical goods from tariff wars to avoid price hikes on popular drugs like Novo Nordisk's Wegovy and Merck's Keytruda.
Goldman Sachs lowers its Brent oil price target for December 2025 to $71 per barrel, citing softer growth due to Trump's tariffs and eased supply worries from geopolitical efforts.