Nomura is seeking private debt acquisitions to expand its alternatives business, betting rising rates will boost demand for direct lending in Japan.
Japan's MUFG will buy a 20% stake in Shriram Finance for $4.4bn, marking India's largest cross-border financial sector investment.
The Bank of Japan lifted rates to 0.75% and signaled more hikes ahead, marking another step away from decades of ultra-loose policy.
Nike's China sales fell for a sixth straight quarter as local rivals grow stronger, forcing CEO Elliott Hill to admit a strategy reset is needed.
Chipotle is adding high-protein bowls, a salad, burrito, taco, and its first snack: a 4-oz chicken or steak cup, starting Dec. 23.
Apple will allow alternative app stores and payment systems in Japan to comply with new competition laws, following similar rules in Europe and the U.S.
Fed Governor Christopher Waller says U.S. monetary policy remains restrictive, with potential for gradual rate cuts amid a softening labor market.
The Bank of England is set to cut rates to 3.75% as inflation and growth slow, though sticky price pressures limit scope for further cuts in 2026.
Lufthansa vows a turnaround from 2026, but investors remain wary as high costs, labour issues and weaker travel demand leave it lagging European peers.
Micron shares jumped nearly 12% after the chipmaker forecast Q2 profits almost double estimates, driven by tight supply and strong data-centre demand.
Animator Eric Ryder claims Disney and Cameron copied his 1990s sci-fi story in Avatar: The Way of Water, seeking $500M and to block the film's release.
BNY is using AI agents to analyse financial data faster, automate tasks, and boost research, with nearly all staff AI-trained.
Pfizer warns of bumpy years as COVID sales fade, margins tighten and patents expire, with growth not expected until 2029.
Tesla will invest hundreds of millions more to produce up to 8 GWh of battery cells annually at its German gigafactory from 2027.
US retail sales were flat in October, missing forecasts, as higher living costs pressured lower-income consumers despite steady overall spending.
White House plans order to curb buybacks, dividends and executive pay at major Pentagon contractors.
Kraft Heinz appoints ex-Kellogg CEO Steve Cahillane to lead a split into two companies as sales lag and shares trail peers.
JPMorgan's global investment banking chair Jamie Grant will retire early next year after more than 40 years at the bank.
EU plans to allow up to 10% non-electric cars after 2035, backing hybrids and e-fuel vehicles amid industry pressure.
U.S. Treasury rejects Xtellus-led offer for Lukoil's $22B global assets. Exxon, Chevron and others remain in the race.
Kering and Ardian finalize a $900M New York property JV. Ardian takes 60% stake, Kering keeps 40%.
Tesla directors earned over $3B from stock awards. Kimbal Musk nearly $1B, Ehrenpreis $869M, Denholm $650M, far above peers.
Ford takes a $19.5B charge, cancels some EVs, and shifts focus to gas and hybrids to match U.S. buyer demand.
A California jury awarded $40 million to two women, finding J&J knew its talc baby powder risks but failed to warn, leading to ovarian cancer.