North America:

  • Amazon plans workforce reduction due to generative AI rollout and falling tech stocks.
  • Meta enhances AI capabilities with $100 million bonuses to OpenAI staff and new tech initiatives.
  • Boeing faces scrutiny over 787's emergency-power system after Air India crash.
  • General Mills to eliminate artificial colors from U.S. cereals by 2027.
  • Hasbro Inc. cuts 3% of workforce amid cost-cutting efforts.
  • Ford Motor Company recalls 27,768 vehicles in the U.S. over child safety lock issue.
  • OpenAI secures $200 million Pentagon contract for AI development.
  • WeightWatchers (WW International) plans to exit bankruptcy by cutting $1.15 billion in debt.
  • Blackstone plans IPO for Spanish gaming unit Cirsa, aiming to raise 460 million euros.

Europe:

  • Airbus expands partnerships and increases shareholder returns with new deals and orders.
  • Deutsche Pfandbriefbank exits US market due to high losses and economic uncertainty.
  • Gerresheimer stock fluctuates amid takeover talk speculation.
  • TotalEnergies partners with Avril Group for sustainable aviation fuels in France.
  • ProSiebenSat.1 rejects PPF's takeover bid, advising shareholders against acceptance.
  • AO World PLC reports a 27% increase in annual profit, reaffirming medium-term goals.
  • UBS shares fall after downgrade and data leak, but no client data compromised.

Rest of the world:

  • SandboxAQ releases data to accelerate AI-driven drug discovery.
  • Mitsubishi Motors increases U.S. vehicle prices by 2.1% due to tariffs.
  • QatarEnergy wins exploration license in Algeria.
  • Staatsolie and Petronas sign production-sharing contract in Suriname.
  • Woodside Energy Group Ltd signs 15-year LNG supply deal with Petronas.
  • Capital A Group plans to purchase Airbus A321XLRs and regional jets for growth.