PepsiCo will acquire prebiotic soda brand Poppi for $1.95 billion to expand in the "healthier soda" market as traditional beverage demand drops. Shares rise 1.5%.
China has let expire export registrations for over 1,000 U.S. meat plants, including Tyson, Smithfield, and Cargill, amid ongoing trade tensions.
Bessent says market corrections are normal, and with proper policies, the market will thrive. Tariffs and trade concerns continue to impact sentiment.
AstraZeneca will buy biotech firm EsoBiotec for up to $1B, using its platform for faster, transformative cell therapy. Deal expected to close in Q2 2025.
Thailand approved $2.7B in investments for data centers and cloud services, including projects from Beijing Haoyang, Empyrion Digital, and GSA Data Center 02.
French prosecutors have opened an investigation into Total Energies over manslaughter and failing to assist during a 2021 jihadist attack in Mozambique's Palma.
Kohl's beat Q4 earnings but stock dropped 24% due to weak 2025 guidance, forecasting a 5-7% revenue decline and lower earnings per share than expected.
G7 foreign ministers supported Ukraine's territorial integrity, urged Russia to accept a ceasefire, and warned of more sanctions amid tensions with Trump.
The ECB has approved UniCredit to buy up to 29.9% of Commerzbank, with UniCredit likely deciding on an acquisition next year, potentially Europe's biggest deal since 2008.
Xiaomi's share price has quadrupled in just over a year, making it one of China's priciest tech stocks, raising expectations for its upcoming results and SUV launch.
Tesla warns it and other U.S. exporters face retaliatory tariffs due to Trump's aggressive trade policies, reflecting concerns from many U.S. businesses.
Australian farmers are concerned $6.2bn in meat exports could be hit by Trump's tariffs, with Cattle Australia CEO fearing a trade war's impact on exports.
BMW's CFO said U.S. tariffs up to March 12 would cut its auto earnings margin by 1%, but expects strong market growth in the U.S. due to a robust economy.
Britain's economy shrank by 0.1% in January, defying expectations of a 0.1% growth, according to data from the Office for National Statistics.
US Treasury yields rose as Trump threatened 200% EU tariffs. February wholesale inflation was flat, with a 3.2% annual increase. Unemployment claims remained steady.
Volkswagen is working on backup plans in response to U.S. tariffs, but shifting production from Mexico to the U.S. plant is not realistic in the short term.
Intel appointed Lip-Bu Tan as CEO, replacing interim leaders David Zinsner and Michelle Johnston Holthaus, after Pat Gelsinger was ousted in late 2024.
Taiwan's central bank sold $16.4B in 2024 to stabilize the forex market as the Taiwan dollar dropped over 6%, amid a foreign investor sell-off in stocks.
Deutsche Bank forecast higher revenue in 2025 for its investment bank and main units, as CEO Christian Sewing aims to meet ambitious profit and cost targets.
Frederic Arnault, son of LVMH CEO Bernard Arnault, will become CEO of Loro Piana in June as part of a leadership reshuffle at the luxury group.
The dollar rebounded slightly Thursday, helped by higher U.S. Treasury yields, as investors weighed the impact of a global trade war on U.S. inflation and growth.
Brazil's egg exports surged 57.5% in February due to higher U.S. demand, reaching $4.9M. Total exports in 2025 are up 38%, with the U.S. seeing a 93.4% rise.
The Bank of Canada cut its key rate by 25bps to 2.75%, citing risks from Trump's tariffs, marking the 7th consecutive rate cut in 9 months.
The Bank of Canada is expected to cut interest rates to 2.75% for the seventh time due to trade war fears, as Trump's tariffs threaten to push the economy into recession.