The International Energy Agency slightly lowered this year’s global oil-demand outlook, but said it still expects growth to accelerate on lower prices and an improving economic outlook in developed countries.

The Swiss and French companies are in talks about a combination that would create a giant in Europe’s inspection, certification, and testing services industry, with a combined market value of some $33 billion.

© SGS Company Supplied

The company reported total revenue growth of 8% at constant exchange rates for the third quarter of fiscal 2025, and confirmed its guidance for the year.

© dado ruvic/Reuters

The sale decreases Pfizer’s shareholding in the consumer-healthcare business to 7.3% of its issued share capital, down from 15%.

© matthew childs/Reuters

The latest additions targeted Chinese companies in the critical-minerals, textiles and solar-technology industries.

© Qilai Shen/Bloomberg News

The Malaysian discount-store retailer aims to start tapping investors early next week ahead of a planned initial public offering valuing the company at over $1 billion, people familiar with the situation said.

© hasnoor hussain/Reuters

The Chinese developer released its long-delayed results showing that its net loss narrowed in the first half of 2024 following a record loss in 2023.

© nicoco chan/Reuters

Canada has approved Bunge’s $8.2 billion deal for Glencore-backed Viterra, as the companies agreed to concessions to address previous antitrust concerns.

© dado ruvic/Reuters

Repsol in November signed a deal to sell upstream assets in Colombia to Latin American oil-and-gas explorer GeoPark for $530 million.

© paul hanna/Reuters

A proposed Biden administration rule would require food manufacturers to flag salt, added-sugar and saturated-fat levels on front of packages.

© Ash Ponders/Bloomberg News

The president-elect is gearing up to help the fossil-fuel industry with executive orders seeking to boost oil and overturn tailpipe rules.

© Mario Tama/Getty Images

Investors weigh an important matter: whether barriers are stronger to raising rates—or cutting them.

Oil prices rose slightly as traders awaited more clarity on the effect of sanctions on Russia, while reports of an imminent cease-fire deal between Israel and Hamas capped gains.

The pound rose against the dollar, and the sterling’s positive reaction to the lower-than-expected U.K. inflation data shows that it’s acting like an emerging market currency, more sensitive to long-term borrowing costs than the short-term central bank outlook, ING said.

A sticky U.K. inflation print could have been a catalyst for further volatility in the gilt market, but instead has provided some relief, however the data show a notable downside surprise, particularly in the services sector, J.P. Morgan said, adding that inflation dynamics could prove challenging this year.

Gold futures rose ahead of crucial U.S. economic data which could shed more light on the Federal Reserve’s pathway to monetary policy easing.

Hong Kong shares closed higher, supported by semiconductor and tech stocks, with SMIC, Netease and Tencent among the top gainers.

The chip maker said it will remain an investor in Intel Capital, founded in 1991 with over $5 billion in assets under management.

Bernstein analysts named Robinhood Markets (HOOD) as the firm's new "Best Idea" for 2025 as part of their coverage on global digital assets. Market Domination Overtime hosts Julie Hyman and Josh Lipton examine the broader analyst commentary around Robinhood's stock. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here. This post was written by Luke Carberry Mogan.