North America:

  • Amazon may gain full access to India's e-commerce market due to US pressure.
  • Walmart is also considered for full access to India's e-commerce market.
  • Tesla announces financial updates, settles a lawsuit, and faces commentary on Elon Musk's involvement with Dogecoin.
  • Elevance Health reported a better-than-expected quarterly profit and reaffirmed its 2025 forecast.
  • UnitedHealth Group faced a decline in the healthcare sector due to spending on executive security and a selloff.
  • Verizon Communications surpassed Q1 earnings expectations with a 3% increase in EPS.
  • 3M Company reported a 10% increase in adjusted EPS for Q1 2025 but cut its profit forecast for the year.
  • Uber Technologies faces a lawsuit from the US Federal Trade Commission for deceptive billing practices.
  • RTX Corp reported higher quarterly profits and beat earnings estimates.
  • Barrick Gold sold its 50% stake in the Donlin Gold Project in Alaska for up to $1.1 billion.

Europe:

  • Roche plans to invest $50 billion in the U.S. over the next five years.
  • UniCredit's takeover bid for Banco BPM faces uncertainty due to Italian government conditions.
  • Mercedes-Benz is expanding in China with new products and infotainment features.
  • Ericsson plans to shift all telecom antenna production for the Indian market to local facilities.
  • TotalEnergies plans to shut down its oldest steam cracker in Antwerp by 2027.
  • Getinge's Q1 2025 financial results showed core profits slightly below expectations.

Rest of the world: 

  • Toyota and Daimler are nearing the completion of a merger agreement between their truck units.
  • Huawei is set to ship its 910C AI chip as early as May, potentially impacting Nvidia's market share in China.
  • Meituan's drone received certification for commercial operations nationwide.
  • 360 One Wam acquired UBS' Indian wealth business for $36 million.
  • LG and Samsung filed a lawsuit against the Indian government over its electronic-waste pricing policy.
  • TSMC acquired fixed-income securities worth $9.7 million.