Business news
- What tariffs? Toyota hits record sales in 2025, despite Trump’s auto levies - Toyota Motor retained its position as the world's top-selling automaker with record sales of 10.5 million in 2025, the Japanese auto giant reported on Thursday.
- SAP shares see biggest drop since 2020 after fourth-quarter cloud contract growth disappoints - It's the biggest daily fall since October 26 2020, when stock dropped 22% following disappointing third quarter results
- China, U.K. vow to build long-term strategic partnership in bid to reset strained ties - U.K. Prime Minister Sir Keir Starmer said he hopes to build "more sophisticated" ties with China as the two nations look to revive their bilateral relationship.
- SK Hynix overtakes Samsung in annual profit for the first time as AI reshapes rivalry - SK Hynix beats rival Samsung Electronics in profits for 2025 for the first time ever, as the memory maker retains a lead in AI products.
- Gold jumps over 3% to fresh highs as Asia stock markets trade mixed after U.S. Fed holds rates - The bullion rose more than 3% on Thursday to breach the $5,500 per ounce mark for the first time.
- Meta’s Reality Labs posts $6.02 billion loss in fourth quarter - Meta’s Reality Labs posts $6.02 billion loss in fourth quarter.
- Samsung’s profit triples, beating estimates as AI chip demand fuels memory shortage - Samsung Electronics reported an over three-fold surge in fourth-quarter profits, hitting a new record and beating analysts' estimates.
- Tesla tops estimates for quarter, but wraps up first annual revenue drop on record - Tesla's earnings report comes weeks after Elon Musk's automaker reported another decline in vehicle deliveries.
- Meta shares rise on stronger-than-expected revenue forecast - Meta reported fourth-quarter earnings on Wednesday and provided stronger-than-expected sales guidance.
- Microsoft shows gain on OpenAI investment after restructuring as cloud growth slows - Microsoft’s finances look more favorable after OpenAI completed a restructuring.