Ford Motor Company (F.N) announced a major recall of 272,645 vehicles in the United States due to a potential defect in the integrated park module that could prevent vehicles from staying in the “Park” position, increasing the risk of rollaway accidents and crashes, the U.S. National Highway Traffic Safety Administration (NHTSA) confirmed on Friday. Affected

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Beauty conglomerate Coty (COTY.N) announced on Friday that it has sold its remaining 25.8% stake in hair care brand Wella to private equity firm KKR (KKR.N) for $750 million, while retaining rights to a portion of future proceeds from a potential sale or initial public offering (IPO). Under the deal, Coty is entitled to 45%

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Coursera (COUR.N) announced on Wednesday that it will acquire rival online education platform Udemy (UDMY.O) in an all-stock transaction, creating a combined company valued at $2.5 billion. The deal represents a significant step in the consolidation of the online learning sector, which has faced a post-pandemic slowdown and increased investor scrutiny. Deal Structure and Financial

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The U.S. administration under President Donald Trump has initiated a high-level review of potential sales of Nvidia’s H200 AI chips to China, signaling a major shift in U.S. technology export policy. Sources familiar with the process said the review could lead to the first shipment of these advanced artificial intelligence processors to China, following Trump’s

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U.S. consumer prices increased at a slower-than-expected pace in November 2025, according to the Bureau of Labor Statistics (BLS), but households continued to face high costs for essentials like beef, coffee, and electricity. Analysts caution that the data may not fully reflect underlying price pressures due to gaps caused by the 43-day federal government shutdown,

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The European Central Bank (ECB) reported on Friday that euro zone wage growth is expected to gradually slow and normalize in the coming year, supporting the ECB’s projection that inflation will remain close to its 2% target over the medium term. The findings were highlighted in the ECB’s updated wage tracker, which monitors active collective

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An Italian parliamentary committee has approved an amendment to the 2026 national budget declaring that the gold reserves held by the Bank of Italy belong to “the people,” despite repeated warnings from the European Central Bank (ECB). The move has sparked debates about the sovereignty of Italy’s national assets and the independence of its central

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In a landmark move, the Bank of Japan (BOJ) raised interest rates to 0.75%, the highest level in three decades, signaling its readiness for further rate increases as the country transitions away from decades of near-zero borrowing costs and massive monetary stimulus. The decision reflects the BOJ’s growing confidence that Japan can sustainably achieve its

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TikTok’s Chinese parent company, ByteDance, has signed binding agreements to transfer control of the popular short-video app’s U.S. operations to a consortium of investors, including Oracle, Silver Lake, and MGX, marking a major step toward avoiding a potential U.S. ban. The move aims to address longstanding national security concerns and ensure that U.S. user data

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