North America:

  • Netflix is set to acquire Warner Bros Discovery's studios and streaming unit in a deal valued at $82.7 billion, facing potential termination fees up to $5.8 billion.
  • Meta has signed AI data agreements with major news publishers including USA Today and CNN, while scaling back metaverse investments amid mixed AI earnings reports.
  • Visa is relocating its European headquarters to a 300,000 sq ft office space in London's Canary Wharf.
  • ITT Inc. has finalized the acquisition of SPX Flow from Lone Star for $4.775 billion.
  • Warby Parker's CEO highlights the use of AI in enhancing patient care and expanding retail, maintaining low prices despite tariff pressures.

Europe:

  • Airbus faced a decline in November aircraft deliveries to 72, down from 78 the previous year, due to quality issues with fuselage panels.
  • Ferrovial's CEO expresses optimism about growth and expansion opportunities in U.S. airports and infrastructure.
  • Boliden's CEO calls for increased investment in rare earths amid EU delays, with plans to reduce 2026 capital expenditure to 15 billion SEK.
  • Schott Pharma's share price hit a record low following weak 2025/26 earnings guidance and cautious 2026 outlook.
  • Leonardo and Avio secured significant defense contracts with Italy's military and Nigeria.
  • British American Tobacco PLC has divested a 9% stake in ITC Hotels Ltd, with transaction values reported around $419.8 million to $425 million.
  • Saab received a rating upgrade to buy from Bank of America, with a new price target of 565 SEK.
  • Google expands AI search, launches new AI features, and faces regulatory scrutiny, alongside EU feedback on its ad-tech remedies.

Rest of the world:

  • China's stock market experienced a recovery driven by optimism in the chip sector, despite a weekly loss and ongoing geopolitical tensions.
  • Merck faces legal challenges in Germany over Keytruda SC and receives conditional FDA approval for a cattle antiparasitic drug.
  • IndiGo Airlines is working on a recovery plan to return to normal operations by mid-December, facing massive flight cancellations.
  • Chevron and its joint-venture partners have committed to a $2 billion AUD investment for the Stage 3 development of the Gorgon natural gas project.
  • SoftBank Group's chairman Masayoshi Son announced a partnership with South Korea to enhance AI and chip development.
  • BHP Group and Rio Tinto launched the first battery-electric haul trucks in Pilbara.
  • NEXTDC Ltd has signed a memorandum of understanding with OpenAI to develop a sovereign AI infrastructure in Australia.