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.
Sunac China's shares and dollar notes dropped to their lowest in months, as concerns grow over upcoming interest payments and poor sales, with a $60 million due by March.
Sweden's core inflation slowed to 2.1% in December, below expectations, raising speculation that the Riksbank may cut interest rates this month.
Samsung's Q4 operating profit missed expectations at $4.47 billion, hurt by rising R&D costs, chip manufacturing, and weaker demand for memory chips.
The National Highway Traffic Safety Administration is investigating Tesla's self-driving software in 2.4M vehicles from 2016-2024, potentially leading to a recall.
Volkswagen's management will cut pay by over 300 million euros by 2030, with board members taking a larger share.
Crude oil prices hit a three-week high due to supply concerns and rising demand, with Brent at $77.32 and WTI at $74.61.
U.S. job openings rose to 8.1M in November, up from 7.8M in October, still exceeding pre-pandemic levels.
McDonald's is launching the McValue platform in 2025 to offer affordable options and attract customers amid rising competition.
Next Plc forecasts slower sales and profit growth due to tax hikes, with a 3.5% sales rise expected in 2025. Pretax profit for this year is expected to grow 10% to £1.01 billion ($1.3 billion).
Toyota invests $44 million in Interstellar Technologies to produce rockets and join its executive board.
BMW Group confirmed selling over 100 luxury cars to Russian buyers, despite EU and US sanctions banning exports of luxury goods to Russia since March 2022.
Meta appoints Dana White, UFC CEO, to its board of directors. White plays a key role in the reelection of his longtime friend, President-elect Donald Trump.
Exxon sued California's Attorney General and environmental groups over defamation of its recycling efforts.
Prime Minister Justin Trudeau announced on Monday that he will resign from his position and as leader of the Liberal Party once a new leader is selected.
Disney will merge Hulu + Live TV with FuboTV, owning 70% of the combined company. Fubo shareholders will hold 30%. The deal also settles litigation over the Venu Sports platform.
Michael Barr will step down as the Fed's banking regulator in February but stay on the board of governors. He called it an honor to help maintain financial stability.
Funding for India's space sector dropped 55% in 2024 to $59.1 million, down from $130.2 million in 2023, amid a global decline in space investment.
The French government now targets a 5.4% public deficit in 2025, as several planned tax measures are scrapped, with no VAT increase to make up for lost revenues.
Italy is negotiating a €1.5bn telecommunications security deal with SpaceX, potentially including encrypted communications for the government and military, despite opposition from local providers.
China's services grew quickly in December, with more demand at home. The PMI rose to 52.2, up from 51.5. However, overseas orders dropped, showing trade risks.
Major U.S. banks, including Morgan Stanley, are leaving the UN-backed Net Zero Banking Alliance, but Morgan Stanley insists its net-zero commitment remains unchanged.
Iran has lifted its ban on WhatsApp and Google Play, marking the first step to ease internet restrictions.