North America:

  • FedEx shares drop due to a disappointing profit forecast impacted by US tariffs and volatile demand, despite a 12% increase in Q4 EPS.
  • Tesla faces a decline in European sales for the fifth consecutive month, despite overall car sales growth in the region.
  • Boeing is under investigation by the US safety board for a 737 MAX 9 mid-air emergency and panel blowout.
  • General Mills reports a decline in Q4 2024-25 EPS and revenue, with forecasts indicating a downbeat annual profit.
  • Microsoft announces significant job cuts in its Xbox division.
  • Amazon adheres to the UK's Groceries Supply Code of Practice and plans to introduce a new faith-focused channel in the US.
  • BlackRock launches a Texas-focused ETF to capitalize on the state's economic growth.
  • United States Steel appoints Kevin Lewis as the new CFO following its acquisition by Nippon Steel.
  • Nektar Therapeutics reports success in a mid-stage trial for its eczema drug.

Europe:

  • Sanofi receives orphan drug designation for riliprubart in treating antibody-induced rejection in organ transplants.
  • Mediobanca acquires 761,000 of its own shares for over EUR15 million.
  • BBVA faces regulatory challenges in its hostile takeover bid for Banco Sabadell, affecting anticipated cost savings.
  • Tritax Big Box REIT acquires Warehouse REIT PLC in a cash-and-shares deal valued at 660 million.
  • Nordex receives significant orders totaling 87 wind turbines from Germany and Turkey, boosting its stock price.
  • Worldline sees its stock price plummet following media investigations and accusations of fraudulent transactions.

Rest of the world:

  • Xero acquires Melio for US$2.5 billion, aiming to double its revenue in three years and accelerate US market growth.
  • Indonesia plans to implement new tax regulations requiring e-commerce platforms to withhold tax on sellers' sales income.
  • Iron ore prices continue to decline due to increased supply and a slowdown in demand.
  • PAG raises $432 million for its first yuan-denominated buyout fund, surpassing its initial target.
  • CaoCao shares fall 19% in their Hong Kong debut amid subdued institutional demand.