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German's leading chancellor candidate proposes $105 billion social spending cut

-- The conservative candidate for chancellor in Germany, currently leading in the polls for the upcoming February election, has suggested a cut of €100 billion ($105...

Waymo to test autonomous vehicles in Tokyo in early 2025

-- Alphabet (NASDAQ:GOOGL)'s Waymo, a developer of autonomous vehicles, has revealed plans to begin testing its self-driving cars in Tokyo in early 2025. This marks...

Equity inflows from BofA clients continue for sixth week, cyclicals back in focus

-- Bank of America Securities said its clients were significant net buyers of US equities last week, marking a sixth consecutive week of inflows totaling $7.3...

McCormick in talks to buy Duke's mayonnaise owner for over $1 billion - Bloomberg

McCormick (NYSE:MKC) & Co., the food company known for its spices and condiments, is currently in negotiations to purchase Sauer Brands Inc., which includes the well-known Duke’s...

Stellantis to manufacture new mass market model in Italy, sources say

MILAN (Reuters) - Stellantis (NYSE:STLA) will assign a new mass market model to one of its Italian plants as part of a long-term production plan due to be presented on Tuesday to...

Volkswagen remains far from deal in union talks

Volkswagen AG (OTC:VWAGY) is currently engaged in intensive negotiations with labor representatives over proposed layoffs and factory closures, with little sign of an agreement...

Pfizer projects 2025 earnings to align with expectations

Pfizer Inc. (NYSE:PFE) announced on Tuesday that it anticipates its profits for the year 2025 to align closely with current Wall Street projections. This announcement comes as...

Brazil central bank hints at rate hikes amid inflation

The Central Bank of Brazil has indicated that it may raise borrowing costs above 14% by March due to the emergence of inflation risks. These risks include a persistently strong...

BofA says stock market is flashing 'sell' signal

-- Bank of America’s Global Fund Manager Survey (FMS) for December signals a potential “sell” moment for risk assets, with cash levels falling to a three-year low and...

Fed unlikely to cut rates in early 2025, caution advised

As the Federal Reserve is expected to hold interest rates steady in the first half of 2025, Nigel Green, CEO of deVere Group, is advising investors to exercise caution and consider...

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