Business
Global stock markets rallied after U.S. senators moved to advance a measure to end the government shutdown, sending equities higher across Wall Street, Europe and Asia.
German automakers lost market share and saw electric-vehicle sales fall sharply in China and the United States as Chinese rivals rolled out ultra-cheap swap‑battery cars and subsidies ended.
Warren Buffett, Berkshire Hathaway’s longtime CEO, announced he would step down and accelerate his giving by donating $1.3 billion to charity in a farewell shareholder letter.
Swiss and U.S. officials neared a deal to cut U.S. tariffs on Swiss goods to 15 percent after Swiss business leaders pushed the talks, potentially lowering current 39 percent duties.
Apollo Sports Capital purchased a majority stake in Atlético Madrid, valuing the club at roughly €2.5 billion, while Miguel Ángel Gil and Enrique Cerezo remained in its leadership.
Diageo named former Tesco boss Sir Dave Lewis chief executive from 1 January to lead a turnaround after the drinks group cut its forecast and shares fell a third.
Pfizer agreed to buy biotech Metsera for about $10 billion after winning an auction against Novo Nordisk, which withdrew its bid and saw its shares rise.
An Austrian court extended Signa founder René Benko’s pretrial detention by two months until mid‑January as he faced allegations of fraud, embezzlement and breach of trust.
Rumble, a U.S. video platform popular with right‑wing influencers and partner to Truth Social, bought German cloud operator Northern Data, marking its entry into cloud services.
