Business
U.S. and Swiss negotiators neared a deal to cut U.S. import tariffs on Swiss goods to 15% after Swiss business leaders pressed Washington, officials said.
U.S. stock benchmarks rallied on Monday as investors grew optimistic a deal to end the government shutdown was near, sending the Nasdaq and S&P 500 sharply higher.
Three major Chinese firms offered a €6,000 electric car with swappable batteries in China, heightened pressure on BYD, Volkswagen and other automakers amid a subsidy-driven market slowdown.
Warren Buffett, in his final shareholder letter as Berkshire Hathaway CEO, said he was "going quiet," planned to hand over reins at year-end and accelerate $1.3 billion in charitable gifts.
Deloitte warned it would cut up to 100 consulting jobs in Norway; BI lecturer Espen Andersen said artificial intelligence would continue to reshape the sector.
Apollo Sports Capital bought a majority stake in Atlético de Madrid, valuing the club at about €2.5 billion, with the club's CEO and president remaining in charge.
Austrian entrepreneur René Benko remained in pretrial detention after a court extended his custody in Innsbruck until mid-January, as he faces fraud, breach-of-trust and serious-fraud charges.
