• Anglo American plans to cut costs and expects lower production in 2024.
  • Broadcom loses 0.6% after mixed results.
  • Lululemon loses 3.3% after posting slightly weaker guidance.
  • Woodside and Santos may sell assets to overcome antitrust hurdles related to their merger.
  • Shell plans $6 billion in oil and gas investments in Nigeria, according to the Chairman.
  • Apple transfers key iPad engineering resources to Vietnam and aims to manufacture over 50 million iPhones a year in India.
  • BASF to create legally separate entities for its agriculture, battery materials and coatings businesses.
  • Tesla is to replace the head of its DOJO supercomputer project, according to Bloomberg. In addition, the automaker lost in the Swedish courts as part of the country's labor dispute.
  • Flutter to list on the New York Stock Exchange in January.
  • Spotify CFO Paul Vogel will step down next year.
  • Hensoldt raises almost 240 million euros via a capital increase to finance the acquisition of ESG.
  • Ascopiave, Snam, EPH and Macquarie in the running for Edison gas storage, valued at €600 million.
  • Broadcom was down 1.1% in pre-market trading, as the semiconductor manufacturer reported lower-than-expected quarterly sales amid intensifying competition in network chips.
  • Nvidia is in advanced discussions with Malaysian conglomerate YTL for a partnership in data centers, as it seeks to expand its activities in Southeast Asia.
  • Honeywell is to buy Carrier's security business for $5 billion, the Wall Street Journal reported on Friday. It advanced by 5% before the opening.
  • Microsoft denied on Friday that it had taken control of OpenAI after the UK competition authority said it was reviewing the nature of their partnership.
  • Boeing- Hong Kong's Cathay Pacific Airways announced on Friday that it had placed a firm order for six Airbus A350s at a list price of $2.71 billion to replace its aging Boeing 747s.
  • Spotify lost 1.9% in after-hours trading following the announcement that its CFO, Paul Vogel, would be stepping down at the end of March 2024.
  • Levi Strauss & Co announced on Thursday evening that its CEO, Chip Bergh, will leave the company in April. He will be replaced by Michelle Gass, the group's current president, on January 29.
  • Smith & Wesson Brands dropped 4.83% in after-hours trading following the publication of a lower-than-expected quarterly profit.