Goldman Sachs Chief Legal Officer Kathy Ruemmler will step down after emails revealed close ties to Jeffrey Epstein.
Global EV sales fell 3% to 1.2M units as demand slumped in China and North America, data from Benchmark Mineral Intelligence
Deutsche Bank plans to hire up to 50 private bankers in emerging markets, boosting wealth services and Lombard lending growth.
BMW recalls about 575,000 vehicles worldwide due to a faulty starter motor that could increase fire risk in worst-case scenarios.
China may probe French wine or impose tariffs if Paris backs EU tariffs on Chinese goods, escalating trade tensions; no action yet from France.
Kraft Heinz pauses company split as CEO Steve Cahillane focuses on profitable growth; forecasts muted 2026 earnings.
Global Counsel, co-founded by Peter Mandelson, worked for OpenAI and Palantir before both signed UK government contracts, raising conflict-of-interest questions.
Ford reports Q4 net loss of $11.1B and FY loss of $8.2B, hit by EV charges; Q4 EPS $0.13 vs. $0.19 expected, revenue in line at $42.4B.
China Overseas Land & Investment wins HK$1.8B bid for Kowloon East site, set to build 470 flats, outbidding eight rivals.
Hong Kong investors are reassessing Panama investments after a port dispute, with Chief Executive John Lee urging fair treatment for local firms.
47% of Europeans support banning X if it keeps breaking EU rules, with most urging stronger action over compliance concerns.
PBOC set yuan at 6.9438, strongest since mid-2023, as investors shift from US dollar assets over Fed and debt concerns.
Siemens Energy's quarterly net profit nearly tripled to €746 million, driven by strong AI-led demand for gas turbines and grid equipment. Wind unit losses narrowed.
Heineken will cut up to 6,000 jobs, nearly 7% of staff, as weak beer demand hits profits. The brewer also lowered its 2026 profit outlook.
Swatch faces calls to boost innovation, cut weaker brands, and reform governance as profits fall and shares lag rivals. Turnaround may take years.
BP paused its $750m quarterly buyback to reduce debt, met Q4 profit forecasts, wrote down renewables, and shares slid over 5%.
Salesforce trimmed under 1,000 roles across marketing, product, data and AI teams as firms streamline amid rising AI adoption.
Morgan Stanley has rehired veteran banker Michael Grimes as investment banking chairman, positioning the bank for a surge in major tech IPOs.
Target will invest more in frontline store staff and training while eliminating about 500 office and supply-chain jobs to streamline operations.
Barclays reported a 12% rise in annual profit and set higher targets through 2028, focusing on its home market, AI cost cuts and shareholder returns.
U.S. ports saw a 6.8% fall in January imports from a year ago, pointing to more normalized trade after 2025's tariff-driven surge.
Apollo Global Management plans a $3.4 billion loan to buy Nvidia chips and lease them to Elon Musk's xAI for AI infrastructure expansion.
Ferrari unveiled teaser images of its first all-electric model, Luce, showing the interior while keeping the exterior hidden until May.
EU regulators may impose temporary measures to stop Meta from blocking rival AI chatbots on WhatsApp during an antitrust probe.