Business
Three major Chinese manufacturers introduced a €6,000 electric car with swappable batteries, intensifying pressure on BYD, Volkswagen and German automakers as EV sales and Chinese demand slowed.
Apollo Sports Capital acquired a majority stake in Atlético Madrid, valuing the club at about €2.5 billion, while current chiefs Gil Marín and Enrique Cerezo remained in place.
Nvidia led gains as Wall Street rallied after signs the U.S. government shutdown was nearing an end, lifting investor optimism and driving a broad tech-led advance.
Warren Buffett said in his final Berkshire Hathaway shareholder letter that he was "going quiet" and would accelerate disbursing his fortune to his children's foundations.
Diageo named former Tesco boss Sir Dave Lewis as chief executive to lead a turnaround after the FTSE 100 drinks group's shares fell about a third this year.
Pfizer acquired biotech Metsera for a blockbuster price after the prospect prompted an auction with Novo Nordisk, which withdrew its bid and lifted the Danish company's share price.
An Austrian court extended René Benko's pretrial detention by two months, keeping the Signa founder jailed until mid‑January on fraud and breach‑of‑trust charges.
Rumble bought German cloud firm Northern Data, taking it private in a deal reported up to €836 million, and is known for ties to right‑wing influencers.
