Intel will spin off its Intel Capital venture arm into a separate company in 2025 to improve efficiency, with Intel staying as an investor.
The Biden administration banned 37 Chinese companies over forced labor claims in Xinjiang.
Ingka Group, IKEA's investment arm, will invest 1 billion euros in recycling to reduce waste from discarded furniture. This follows new EU rules to fund textile recycling.
Reinet is selling its 2% stake in BAT for £1.22 billion, causing a 2.9% drop in shares. The sale won't affect BAT's £900 million buyback plan.
Robinhood will pay $45 million for failing to investigate suspicious transactions, protect data, and maintain records.
Pfizer CEO Albert Bourla said the company is focused on developing its obesity drug, danuglipron, with plans for a late-stage study in the second half of the year.
The EU is raising €90 billion by selling bonds on Tuesday, targeting €10 billion. The three-year bonds will price 19bps over swaps, and the 30-year bonds 130bps.
Chinese officials are considering allowing Elon Musk to buy TikTok's US operations if the app faces a ban.
UniCredit is bringing back outsourced back-office operations in Germany, creating over 140 new jobs.
Tether plans to move its headquarters to El Salvador after obtaining a digital asset license, with CEO and founders relocating from the British Virgin Islands.
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.