• Walt Disney and Reliance begin antitrust due diligence for potential media tie-up in India.
  • Ford records best annual US vehicle sales since 2020.
  • AP Moller Maersk rerouted four of the five container ships stuck in the Red Sea for the long voyage around Africa, to avoid any risk of attack.
  • Endeavour Mining has dismissed its CEO, Sébastien de Montessus, with immediate effect, due to "serious misconduct".
  • TUI plans to delist in June in London.
  • Basilea Pharmaceutica seeks marketing partner for ceftobiprole before FDA verdict.
  • Swedish Orphan Biovitrum announces that its President Bo Jesper Hansen has resigned for health reasons, with immediate effect. The pharmaceutical company has appointed Annette Clancy as its new president.
  • BYD launches construction of a sodium-ion battery plant in China. Investment totals $1.4 billion.
  • Qiagen plans to increase investment in bioinformatics business.
  • Mobileye plummeted 25% on the stock market after disappointing forecasts.
  • Tesla is down 1% in premarket trading, as the electric vehicle manufacturer is set to recall 1.62 million vehicles in China, the market regulator (China State Administration for Market Regulation) announced on Friday.
  • Apple gave up 0.8% in pre-market trading, its main subcontractor Foxconn having announced that it anticipates a drop in first-quarter sales in the wake of the slowdown in demand observed in the fourth quarter.
  • Exxon Mobil warned that it would write down around $2.5 billion of California assets in the fourth quarter, and said that lower energy prices could cut its annual operating profit by around $8.9 billion, compared with $12.7 billion a year ago.
  • CVS Health announced that 2024 enrollments for some of its Medicare Advantage programs, which provide health insurance to people aged 65 and over, exceeded its expectations.
  • Applied Therapeutics plunged 29% in pre-market trading as its treatment for heart disease showed disappointing results in a late-stage trial.
  • Voyager Therapeutics is down 16.1% in premarket trading after selling 11.1 million shares on Thursday, raising $100 million.
  • Brookfield Asset Management announced on Friday the purchase of the loss-making Indian operations of American Tower for $2.5 billion, becoming the country's largest telecom tower operator amid booming data demand and increased use of 5G services.
  • Thermo Fisher Scientific has pledged to stop selling forensic technologies and equipment in Tibet that could be used to identify individuals, said a company spokesperson.