Canadian retail sales rose 2.5% in December to C$69.59B, driven by food, beverage, and vehicle sales, but are expected to drop 0.4% in January.
The EU lifted sanctions on Syria's key industries, removing five financial entities from the freeze and allowing funds for the Central Bank to aid recovery.
Top Australian banks paused Monday after an A$63B sell-off, following strong growth last year from superannuation and retail investors, trading at high multiples.
The Indian rupee rose briefly but fell to 86.69 against the dollar, pressured by state-run banks buying dollars for oil companies.
BBVA raises its target for lending to sustainable businesses to €700B over the next five years, up from €300B previously, focusing on clean tech and innovation.
Tesla is recalling 375,000 vehicles due to a power steering issue. A software update has been released to fix the problem, with no reports of crashes or injuries.
Trump and Japan's leader discussed a long-standing plan to unlock Alaska's gas and ship it to U.S. allies in Asia during their recent lunch meeting.
UK businesses increased job cuts in February, signaling stagnation and rising price pressures amid a looming payroll tax hike, creating challenges for the economy.
Singapore announced measures to boost its stock market, including a 20% tax rebate for primary listings and a S$5B program to invest in domestic stocks.
The ECB is exploring settling DLT-based transactions in fiat money, developing a platform for central bank money and a long-term solution for international operations.
UK's competition regulator fined Citi, HSBC, Morgan Stanley, and RBC £104.5M for sharing sensitive UK bond info from 2009-2013. Deutsche Bank got immunity.
A group led by ex-Japan PM Yoshihide Suga plans for Tesla to invest in Nissan after merger talks with Honda failed. Tesla may eye Nissan's U.S. plants.
Trump proposed using savings from his cost-cutting effort, overseen by Musk, to give 20% to taxpayers and 20% to reduce the national debt. Musk supports the idea.
The Pentagon plans $50B in cuts from the FY26 budget to fund Trump's national defense priorities, focusing on core missions like deterring and winning wars.
Palantir shares dropped 12.5% after CEO Karp's stock plan and news of potential U.S. defense budget cuts. The company is heavily tied to defense contracts.
Trump supports a $4.5 trillion tax cut plan, rejecting Senate Republicans' push for quick immigration funding, favoring a larger bill that could take months to finalize.
Belgium faces travel chaos with a 9-day train strike starting Feb 21, protests in Brussels on Feb 20, and ongoing airport strikes. Disruptions may last into spring.
ECB's Gabriel Makhlouf warns of risks to slowing inflation amid uncertainty. While cuts are expected, the outlook for rates remains flexible due to economic concerns.
European banks are thriving, up 18% this year, with strong earnings and share buybacks boosting momentum. Investors expect the rally to continue, leading the market.
Mercedes-Benz plans cost cuts to revive sales amid stiff competition. Earnings slumped 40% in 2024, with a bleak 2025 forecast and reduced dividend payout.
Nikola Corp. filed for bankruptcy, planning to liquidate assets. Struggling with weak sales, cash flow, and a collapsing stock price, it faces $1B-$10B in liabilities.
Brazil's prosecutor-general charges Jair Bolsonaro for plotting a coup, including plans to poison President Lula and kill Supreme Court Justice de Moraes.
Surging demand for Hong Kong stocks led banks to borrow HK$5.5 billion from the HK Monetary Authority, the largest amount since 2019, driving up funding costs.
Gold traded near $2,935, close to its record high, as tariff threats from Trump and geopolitical tensions boost its appeal. Goldman Sachs raised its year-end target to $3,100.