Moderna cut its 2025 sales forecast by $1 billion due to slow RSV shot adoption and weak COVID-19 vaccine demand, causing shares to drop over 20%.
Ryanair is urging UK airports to enforce a two-drink limit for passengers. The airline believes this would improve safety for both travelers and crews, following several alcohol-related incidents.
Former central banker Mark Carney is set to run for Liberal Party leader to become Canada's next prime minister, facing Chrystia Freeland and Christy Clark.
Lululemon raised its quarter forecast, expecting $3.56B-$3.58B in revenue and $5.81-$5.85 per share profit.
Blue Origin delayed the New Glenn launch due to "anomalies," postponing it by at least a day.
GSK will pay up to $1.15 billion to acquire IDRx, which is developing a treatment for gastrointestinal tumours.
Tesla launches a new Model Y in China to compete with rivals like Xiaomi.
Donald Trump says a meeting with Putin is being arranged, with no set date. He plans to negotiate an end to the Ukraine war after taking office on January 20.
Country Garden proposed an $11.6 billion debt cut and reached an agreement with seven banks ahead of its January 20 liquidation hearing in Hong Kong.
BNP Paribas will use Oracle Exadata Cloud at Customer to enhance security and personalization in its systems.
Chinese shares dropped, nearing a bear market, amid rising tensions ahead of Trump's inauguration and U.S. sanctions on Tencent and Contemporary Amperex.
Mercedes-Benz sales fell 3% in 2024, with a 7% drop in China and a 3% decline in Europe, due to weak demand and a tough economy.
Jeff Bezos' Blue Origin is launching its New Glenn rocket on Sunday, aiming to challenge SpaceX's dominance in satellite launches after years of development.
Trader confidence in the pound has dropped this week, with bearish bets at their highest since early 2023, due to a bond selloff and concerns over the UK economy.
Retail trade in the euro area rose by 0.1% in November 2024, following a 0.3% decline in October. In the EU, retail trade increased by 0.2%, up from a 0.1% drop in October.
Rolls-Royce CEO Chris Brownridge is cautious about Trump's tariffs but remains confident as business is strong.
Egypt's inflation eased to 24.1% in December, raising hopes for an interest-rate cut. Food prices fell, and inflation is expected to continue slowing in 2025.
Britain's bond turmoil is compared to the 1970s debt crisis. Experts warn the Labour government may need austerity to address rising debt and reassure markets.
Mercedes-Benz will open 20 new dealerships in India in 2025, targeting smaller cities as young, wealthy business owners embrace luxury.
Iraq plans to cut gas flaring to 20% by next year and build an LNG import terminal to meet demand.
AT&T announced it will offer bill credits for network outages to attract customers, following significant disruptions in 2024, including a major nationwide service failure in February.
Meta ended its U.S. fact-checking program and eased restrictions on sensitive topics, responding to conservative criticism before Trump's second term.
Lufthansa is set to acquire a stake in Italian airline ITA on January 13, finalizing years of talks, with the deal expected to close in early 2025.
President-elect Trump is considering declaring a national economic emergency to justify universal tariffs on allies and adversaries, using the International Economic Emergency Powers Act.