North America:

  • Tesla faces challenges with declining market share in Europe, surpassed sales by BYD, and investigations into violent activities.
  • Boeing seeks to withdraw a guilty plea in a criminal case related to the 737 MAX crashes.
  • Apple adjusts practices to meet Digital Markets Act requirements, closing an EU antitrust investigation.
  • Google has removed DEI language from internal research.
  • Waymo aims to expand its autonomous ride-hailing service to Washington, D.C. by 2026.
  • PsiQuantum has raised $750 million to produce quantum chips.
  • Illumina appoints Dr. Scott Gottlieb as the new Chair of its Board of Directors.
  • Merck enters an exclusive licensing agreement with Jiangsu Hengrui Pharmaceuticals for up to $2 billion.
  • Dropbox faces pressure from activist investor Half Moon Capital to end co-founder control.
  • Smiths Group announces a 9.5% increase in first-half profit and acquires US-based Duc-Pac Corp for USD 40.5 million.
  • Hyundai Motor Co. enhances its U.S. presence by providing Tesla Supercharger access and investing in a new steel plant in Louisiana.

Europe:

  • Volkswagen collaborates with Valeo and Mobileye to enhance advanced driver assistance systems.
  • Shell focuses on increasing shareholder returns and LNG sales, facing a 1.5 billion euro claim in Russia.
  • Generali expands by acquiring Generali China Insurance and establishing a new private equity firm.
  • Kingfisher PLC reports a 7% drop in annual profit and announces a new buyback program.
  • Renault appoints Josep Maria Recasens as CEO of its electric vehicles unit, Ampere.
  • Smiths Group confirms the next tranche of its £500 million share buyback program.

Rest of the world:

  • BYD surpasses Tesla in sales, impacting Tesla's market share in Europe.
  • Emirates NBD collaborates with BlackRock to provide UAE wealth management clients access to private markets.
  • Qantas set to launch Project Sunrise ultra-long-haul flights in early 2027 with new Airbus A350-1000 aircraft.
  • Xiaomi raises $5.5 billion through a share sale to fund its expansion into the electric vehicle market.
  • Samsung ordered to pay $421 million in damages to Netlist and $601 million in back taxes in India.
  • JSR announces CFO Tetsuro Hori will become CEO on April 1.