• Exxon's low U.S. tax payments cloud Joe Biden's climate agenda.
  • Unilever sells Elida Beauty to Yellow Wood.
  • IBM buys Software AG's enterprise technology business for €2.1 bn.
  • Hapag-Lloyd and AP Moller Maersk temporarily halt Suez Canal traffic after attacks in the Red Sea.
  • A consortium led by Sonae launches a takeover bid for the Finnish Musti group.
  • OCI sells its entire stake in IFCO to Koch for $3.6 billion.
  • ThyssenKrupp Nucera, the manufacturer of electrolyzers used in the production of green hydrogen, forecasts an operating loss for fiscal 2024.
  • Visa takes control of Mexican payment company Prosa
  • British American Tobacco fined €107 million in the Netherlands for undeclared taxes on profits.
  • DiaSorin presents its 2027 strategic plan, and says it is on the lookout for acquisitions.
  • SGS divests its Crop Science agronomy business.
  • Lufthansa resumes flights to Tel Aviv in January.
  • Accenture acquires Redkite to expand its data capabilities.
  • Adobe- Adobe and Figma have agreed to terminate their $20 billion merger 
  • Apple - More and more Chinese government agencies and state-owned enterprises across the country have asked their staff not to bring iPhones and other devices from foreign groups to work, Bloomberg reported on Friday. The stock lost 0.7% before the opening.
  • United States Steel soars 29% in pre-market trading following the announcement of its takeover by Japanese group Nippon Steel for $14.9 billion, including debt.
  • Illumina is to sell its stake in Grail after a two-year dispute with the competition authorities.
  • Nio announced the signing of an agreement with CYVN Holdings, an Abu Dhabi-based investment vehicle, for the latter to inject $2.2 billion into the Chinese electric vehicle manufacturer.
  • SouthWest Airlines will settle a $140 million fine, a record amount for a civil suit, in litigation related to the cancellation of 16,900 flights and the blocking of two million passengers in December 2022, the US administration said on Monday.
  • Citigroup - The bank's plan to set up an investment bank in China is taking longer than expected, as it has to comply with local data laws, Bloomberg reported on Monday.
  • Blackrock, StateStreet - The U.S. House of Representatives Judiciary Committee announced that it had subpoenaed the two groups as part of its investigation into whether their ESG (environmental, social and governance) efforts comply with competition rules.
  • KKR announced on Friday that it had acquired a $7.2 billion portfolio of high-yield loans backed by recreational vehicles from BMO Financial Group.
  • Arcutis Biotherapeutics - The dermatology company gained 16% in pre-market trading after the FDA approved its drug for the treatment of a chronic skin disease.
  • Meta Platforms - Canadian Prime Minister Justin Trudeau said Friday that Ottawa would continue to pressure the group to pay Canadian news publishers for content shared on Facebook, but the American group said it would rather block information sharing than pay.