North America:

  • Walmart is negotiating significant price reductions with Chinese suppliers to mitigate the impact of tariffs.
  • Macy's projects lower-than-expected sales and profits for 2025.
  • On Semiconductor plans to acquire Allegro Microsystems in an all-cash deal valued at $6.46 billion.
  • Ford Motor Co. is recalling 10,627 vehicles in the U.S. due to a loss of trailer brake functionality.
  • Tesla plans to end production of certain models in Japan and is set to build a new megafactory in Texas for battery storage.
  • JD.com reports nearly tripled profit and surged revenue, exceeding quarterly expectations.
  • Microsoft has terminated contracts with CoreWeave due to delivery issues and warned about Chinese state-sponsored cyberattacks.
  • Amazon Prime Video launches a pilot program to test AI-based dubbing for licensed content.
  • PBF Energy is initiating $30 million in repairs at its Martinez refinery in California.
  • Intel won dismissal of a shareholder lawsuit concerning foundry losses.
  • General Motors was involved in discussions with President Trump regarding tariffs on North American-built vehicles.
  • Stellantis was part of discussions with President Trump about the North American Free Trade Deal.

Europe:

  • Lufthansa is shifting focus towards international markets, aiming for revenue growth to €43 billion by 2025.
  • DHL Group plans to cut 8,000 jobs as part of a 1 billion euro cost-cutting program.
  • BP plc CEO Murray Auchincloss's pay decreased to 5.4 million pounds in 2024.
  • Merck KGaA reports a strong financial performance with a positive outlook for 2025.
  • Leonardo forms a joint venture with Baykar to develop unmanned aerial systems in Italy.
  • Air France-KLM reports strong financial results driven by increased demand and lower fuel costs.
  • ProSiebenSat.1 sells its e-commerce business to General Atlantic amid financial challenges.

Rest of World

  • TSMC announces a $100 billion investment in U.S. chip manufacturing.
  • Rio Tinto finalizes its acquisition of Arcadium Lithium for $6.7 billion.
  • DBS Group paid outgoing CEO Piyush Gupta S$17.6 million for 2024.
  • Alibaba releases its new AI model QwQ-32B, boosting its share price.
  • Seven & i Holdings prepares to unveil a new CEO and restructuring strategy.
  • Eksportfinans is set to be sold by Norway to DNB.
  • Chuo Spring experienced an explosion at its auto parts plant in Japan, resulting in one fatality.