Vodafone reported weak performance in Germany in Q3, while Britain, Turkey, and Africa performed better. Shares fell over 6%, erasing gains made in the last year.
Trump agreed to pause U.S. tariffs on imports from Canada and Mexico for 30 days after both countries pledged to combat fentanyl trafficking into the U.S.
Citigroup CEO Jane Fraser confirmed the bank will maintain a hybrid work model, allowing most employees to work remotely at least two days a week, despite Trump's office return order.
China imposed tariffs on US goods, including coal, LNG, oil, and cars, while also launching an antitrust investigation into Google, as Trump's tariffs took effect.
Continental's ContiTech division will close 4 plants and downsize 2, cutting 580 jobs as part of a restructuring plan to save €400 million annually from 2025.
UBS beat Q4 profit forecasts and plans to buy back up to $3 billion in shares in 2025, with $1 billion in H1 and $2 billion in H2, barring major capital rule changes.
After Trump announced tariffs on Canada, Ottawa hockey fans booed the U.S. anthem. The 25% tariffs on Canadian imports, effective Tuesday, spark anger in Canada.
Trump threatened new tariffs on the EU and possibly the UK, despite the risk of U.S. economic impact. Retaliation from Mexico, Canada, and China follows his recent tariffs.
Trump signed an order imposing 10% tariffs on Chinese imports and 25% on Mexican and Canadian goods, except Canadian oil. This move could raise U.S. consumer prices.
The ECB cut rates by 25bps to 2.75%, with Lagarde signaling more cuts if inflation falls. She dismissed Bitcoin as a reserve asset, citing liquidity and security concerns.
Japan had a record 2.3 million foreign workers in October 2024, up 12.4% from last year, as businesses increasingly rely on overseas workers to fill labor gaps.
UPS stock dropped 15% after cutting deliveries to Amazon. The company says the move is part of a strategy to focus on more profitable markets and improve long-term returns.
Visa's Q1 profit beat estimates, driven by strong holiday shopping, mobile sales, and travel demand. Payments volume rose 9%, with revenue up 10% to $9.5B.
Costco will raise hourly pay for U.S. store workers to over $30, with $1 increases each year for three years, reaching $30.20 in the first year for top employees.
UK house prices rose 0.1% in January, slower than expected, showing resilience despite affordability pressures, says mortgage lender Nationwide.
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.