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Iraq's oil production in September was below its OPEC+ quota, according to an Iraqi official, as the country aims to improve compliance with production targets.
The German trade union Verdi has expressed strong opposition to a potential cross-border merger involving Commerzbank, citing concerns over job losses and economic stability.
Google is appealing a federal judge's order to open its Play Store to more competition, citing potential security risks.
Chinese electric carmaker BYD plans to increase its sales in Germany within six months, despite facing new EU tariffs on China-made EVs.
Tesla's unveiling of a two-seater robotaxi, dubbed Cybercab, has left investors and experts puzzled due to its unconventional design and lack of details, causing Tesla's stock to drop by 9%.
Bain Capital has made a binding offer to acquire Fuji Soft for 9,450 yen per share, surpassing KKR's bid by 7%. The deal values the Japanese software developer at $4 billion.
China's largest state-owned banks are set to reduce existing mortgage rates starting October 25, following directives from the central bank to stimulate the economy.
A U.S. appeals court has temporarily halted permits for Kinder Morgan's Tennessee pipeline project following environmental groups' concerns about potential ecological harm.
The FDA has decided to reconsider its previous decision to ban compounded versions of Eli Lilly's weight loss and diabetes drugs, following a lawsuit from the Outsourcing Facilities Association.
Fisker Inc. has received court approval for its bankruptcy liquidation plan, following a crucial deal to maintain tech support for its Ocean EVs.
JPMorgan Chase CEO Jamie Dimon has raised alarms about worsening geopolitical conditions, highlighting conflicts in Ukraine and the Middle East as significant threats to global economic stability.
Duke Energy is working to restore power to Florida residents after Hurricane Milton, with full restoration expected in some areas by October 15.
PetroChina Canada has announced it will no longer be a committed shipper on the Trans Mountain oil pipeline, transferring its contracts to another party.
CVS Health is set to exit its core infusion services business, potentially closing or selling 29 regional pharmacies, with job cuts possible.
Tesla's stock experienced a significant drop following an underwhelming robotaxi event led by Elon Musk. The event failed to meet investor expectations, leading to a decline in Tesla's market value.
Odyssey Investment Partners is in advanced negotiations to acquire Honeywell International Inc.'s personal protective equipment unit, potentially valuing the deal at $1.5 billion.
The US FDA has approved Pfizer's Hympavzi, a groundbreaking treatment for hemophilia A and B, marking a significant advancement in managing the rare bleeding disorder.
JPMorgan Chase's stock surged following a strong Q3 earnings report, significantly beating Wall Street estimates and driving gains in the financial sector.
Boeing is set to cut 17,000 jobs and delay the delivery of its 777X jet due to financial strains exacerbated by a month-long strike.
Stellantis shares continue to decline following the announcement of CEO Carlos Tavares' retirement in 2026 and a major management reshuffle.
Moody's has downgraded Volkswagen's outlook to 'negative' due to weak operating performance and declining sales, highlighting challenges in the automotive industry.
Nippon Steel plans to sell its 50% stake in the Calvert joint venture to ArcelorMittal for $1, contingent on the completion of its acquisition of U.S. Steel. The move aims to address antitrust concerns.
A Swedish court has upheld a ruling against Tesla, supporting a labor union strike that blocks the delivery of license plates to the company. This decision is part of a broader labor dispute involving Tesla and Swedish unions.