North America:

  • Tesla faces a significant decline in Q1 deliveries and German sales due to aging models, political backlash, and increased competition.
  • Ford recalls 105,322 SUVs over faulty seat belts and plans discounts to boost sales amid new U.S. car tariffs.
  • Meta Platforms is lobbying to settle an antitrust trial and expanding services with WhatsApp Business Broadcasts and a UFC partnership.
  • Amazon challenges French book delivery fees as discriminatory and plans to launch 27 Project Kuiper satellites on April 9.
  • Lucid Group Inc. announces a $1 billion convertible senior notes offering due 2030 and reports Q1 2025 production and delivery figures.
  • Oracle experiences a second cybersecurity breach within a month, compromising old client log-in credentials.
  • NHTSA concludes its investigation into 258 Zoox vehicles after software updates.

Europe:

  • Siemens acquires Dotmatics for $5.1 billion to enhance automation and AI in life sciences.
  • BP Plc shuts down its low-carbon mobility team to refocus on oil and gas, while starting production at the Cypre gas project.
  • Maersk criticizes new tariffs for harming global trade and acquires the Panama Canal Railway Company.
  • Primary Health Properties makes a £1.5 billion bid to acquire Assura PLC, aiming to outbid a US private equity consortium.
  • Kering Eyewear acquires Visard and a stake in Mistral to strengthen its high-end eyewear market position.
  • Novo Nordisk announces executive management changes effective April 3.
  • Volkswagen implements an 'import fee' due to a 25% vehicle tariff, halting rail shipments from Mexico.

Rest of the world:

  • Pinduoduo plans to invest $13.76 billion over three years to upgrade its merchants.
  • Mitsubishi Corp aims for a net profit of 1.2 trillion yen by 2027/28, with significant investment plans and a share buyback.
  • Nintendo announces the Switch 2 launch on June 5, priced at $449.99.
  • Tencent repurchases nearly 2 million shares for over HK$1 billion.
  • China Ruyi Holdings aims to raise up to $500 million through convertible bonds.