Porsche's global sales fell 6% in Q3 2025, with a 26% drop in China. The company blamed tough market conditions and rising competition for the decline.
HSBC shares fell 6% after announcing a $13.6B deal to buy out minorities in Hang Seng Bank, raising investor questions about timing and valuation.
JPMorgan CEO Jamie Dimon warned of a possible major U.S. stock market correction in 6 months to 2 years, citing rising risks and global uncertainty.
Tesla launched cheaper Model Y and Model 3 versions starting at $39,990 and $36,990, but some say prices are still too high to attract more budget buyers.
Ferrari will keep petrol and hybrid cars central to its lineup, with EVs making up only 20% by 2030, as it takes a cautious, client-focused approach to electrification.
Coca-Cola will launch 7.5oz mini cans in U.S. stores next year and glass Coke bottles with cane sugar later this year to appeal to health- and budget-conscious buyers.
SoftBank will buy ABB's robotics unit for $5.4B, marking CEO Masayoshi Son's big move into robotics as the group ramps up investment after a slowdown.
U.S. lawmakers urge wider bans on chip gear sales to China after a report found Chinese firms bought $38B in tools despite gaps in U.S., Japan, and Dutch rules.
Intel will reveal details on its Panther Lake laptop chip, its first built on the new 18A process, aiming to regain market share lost to AMD.
Amazon plans to invest €1 billion in Belgium from 2025–2027 to build infrastructure and boost ties with Bpost and local small businesses.
By 2028, Turkey could meet over half its gas needs via local output and U.S. imports, reducing reliance on Russian and Iranian energy
BMW reported Q3 sales up 8.8% to 588,300 vehicles, driven by strong performance in Europe and the U.S., marking growth from the same period last year.
ICE will invest up to $2B in Polymarket, valuing it at $8B pre-investment, as it expands into prediction markets; shares rose 4.4% in premarket trading.
Standard Chartered named Roberto Hoornweg CEO of corporate and investment banking as co-head Sunil Kaushal plans to retire in March 2026 after 27 years.
European luxury stocks jumped, lifting the sector index to a May high, as fresh designs and affordability boost hopes; Kering, Dior, LVMH rose 3%–7% by midday.
Mercedes-Benz Q3 sales fell 12% to 441,500 vehicles, hit by U.S. tariffs and tough China competition; U.S. sales dropped 17%, China down 27%.
India's UPI operator is the first payments partner on PayPal's new platform, PayPal World, CEO Alex Chriss announced Tuesday.
Trump announced a 25% tariff on all imported medium and heavy-duty trucks starting Nov 1, aiming to protect U.S. makers like Peterbilt, Kenworth, and Freightliner.
Tesla is set to unveil a more affordable Model Y SUV to boost sales and market share, using existing designs after canceling plans for a $25K EV last year.
Goldman Sachs raised its Dec 2026 gold forecast to $4,900/oz from $4,300, citing strong ETF inflows and likely central bank buying, with risks still skewed upward.
Blocked in the U.S., Chinese self-driving firms are expanding in Europe, raising competition fears as they set up HQs, test tech, and strike data deals.
Renault plans to cut 3,000 jobs in support roles like HR, finance, and marketing under its "Arrow" cost-saving plan,
Sanae Takaichi won Japan's ruling party race, likely becoming its first female PM. Her fiscal stance may rattle markets and strain ties with China, analysts say.
OPEC+ will raise oil output by 137,000 bpd in November, matching October's hike, amid concerns of a supply glut. Output targets rose 2.7M bpd in 2025 so far.