North America:

  • Ford Motor plans to invest up to 4.4 billion euros in its German subsidiary to rejuvenate its European car business.
  • Tesla faces stock price drops and valuation concerns amid rising car sales in China.
  • Rocket Companies is set to acquire Redfin for $1.75 billion in an all-stock transaction.
  • ServiceNow to acquire AI assistant maker Moveworks for approximately $2.9 billion.
  • Applied Materials announces a 15% increase in its quarterly dividend and adds $10 billion to its share repurchase authorization.
  • Mineralys Therapeutics reports positive topline results for its experimental drug lorundrostat in hypertension trials.
  • Clear Channel Outdoor Holdings Inc. has secured regulatory approvals to sell its Europe-North segment.
  • Yum China Holdings appoints Adrian Ding as the permanent Chief Financial Officer.

Europe:

  • Novo Nordisk reports significant weight loss results from its CagriSema trial in type 2 diabetes patients.
  • Traton expects lower margins and a tepid commercial vehicle market outlook for 2025.
  • Deliveroo is exiting the Hong Kong market by selling some assets to foodpanda.
  • Assura PLC accepted a $2.08 billion takeover offer from a US private equity consortium led by KKR.
  • Verallia is targeted for acquisition by BWGI for 30 euros per share, backed by Brazil's Moreira Salles family.
  • Rio Tinto faces pressure from Palliser Capital to unify its dual-listed corporate structure.
  • Schneider Electric secures a contract with Tata Power Company and partners with South Bihar Power Distribution Company in India.
  • Thales Alenia Space signs a contract with SKY Perfect JSAT of Japan to manufacture a satellite.

Rest of the World:

  • Sun Pharmaceutical Industries to acquire U.S.-based Checkpoint Therapeutics for up to $355 million.
  • QXO and Beacon Roofing Supply are in discussions about a potential $11 billion merger.
  • Hon Hai Precision subsidiary Ingrasys acquires a stake in Fulian Precision Technology for $17.96 million.
  • HKEX recognizes the Stock Exchange of Thailand, allowing Thai-listed companies to seek secondary listings in Hong Kong.
  • FedEx suspends freight services to Saudi Arabia from certain countries.
  • Caixa Seguridade files for a secondary share offering, while ADNOC considers an international listing for its XRG unit.