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  • Feb 10, 2025

German economy minister says Europe prepared to act on possible trade restrictions

Europe is prepared to act in response to possible restrictions to trade, German Economy Minister Robert Habeck said on Monday, after holding discussions with industry lobbies and the EU's top trade representative about the threat of tariffs from the U.S. Habeck held a roundtable with industry on future trans-Atlantic relations on Monday and spoke with EU trade commissioner Maros Sefcovic on the phone, according to the statement.

  • Feb 10, 2025

Monday.com’s (NASDAQ:MNDY) Q4 Sales Top Estimates, Stock Jumps 19.6%

Project management software maker Monday.com (NASDAQ:MNDY) reported Q4 CY2024 results topping the market’s revenue expectations, with sales up 32.3% year on year to $268 million. The company expects next quarter’s revenue to be around $275 million, close to analysts’ estimates. Its non-GAAP profit of $1.08 per share was 36.8% above analysts’ consensus estimates.

  • Feb 10, 2025

McDonald's international markets prop up sales growth even as US lags

(Reuters) -McDonald's global comparable sales posted a surprise rise in the fourth quarter on Monday, aided by demand for its affordable burgers and fries among diners in the Middle East, Japan and China. Shares of the burger chain rose nearly 5% in early trading, despite a bigger-than-expected drop in the U.S. comparable sales due to an E.coli outbreak in late October and cautious spending. Demand pressure on fast-food chains operating in the Middle East has slowly begun to ease after widespread informal boycotts of Western fast-food chains over their perceived pro-Israeli stance in the Gaza conflict.

  • Feb 10, 2025

BP Stock Jumps as Elliott Reportedly Builds Stake

BP's U.S.-listed shares are rising 6% in premarket trading Monday following reports that activist hedge fund Elliott Investment Management has amassed a stake in the British oil giant and is seeking to make changes.

  • Feb 10, 2025

India IPO Market Gets Reality Check as $4 Billion Lockups Expire

(Bloomberg) -- Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here.Most Read from BloombergNice Airport, If You Can Get to It: No Subway, No Highway, No BridgeSin puente y sin metro: el nuevo aeropuerto de Lima es una debacleThe Forgotten French Architect Who Rebuilt MarseilleIn New Orleans, an Aging Dome Tries to Stay SuperHow London’s Taxi Drivers Navigate the City Without GPSIndia’s newest stocks joined a b

  • Feb 10, 2025

Bank of Mexico's governor says inflation fight enters new phase

Mexico's inflationary environment is expected to allow policymakers to keep cutting the benchmark interest rate, the head of the Bank of Mexico told Reuters, as the fight to bring down inflation has entered a new phase. Banxico, as the Mexican central bank is known, cut the key rate by 50 basis points to 9.50% on Thursday, double the 25-basis-point cuts it had made since it began lowering borrowing costs from a record high of 11.25% in March 2024. Last week's rate reduction brought Mexico's interest rate to its lowest since September 2022 as annual inflation in Latin America's second-biggest economy slowed to 3.69% in the first half of January.

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