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financial updates on major companies and market trends in 2024

Wienerberger will release its financial figures for 2024 on February 13, 2025, while Diageo denies reports of selling Guinness. UltraTech Cement is in talks to acquire HeidelbergCement India, and ProSiebenSat.1 faces leadership changes amid shareholder conflicts. Ryanair's growth is hindered by Boeing's delivery issues, and merger talks between SGS and Bureau Veritas have ended.

us stocks rebound as inflation data eases market fears

U.S. stocks rebounded on Friday, with the S&P 500 and Dow Jones Industrial Average both rising 1.4%, as better-than-expected inflation data eased concerns over interest rate cuts. Despite this, the market remains cautious amid political uncertainty and potential global trade challenges. Notable declines included U.S. Steel, down 4.9%, and Novo Nordisk, which fell 17% after disappointing news on a weight-loss treatment.

Trump vows to block Nippon Steel's acquisition of US Steel

President-elect Donald Trump has vowed to block Nippon Steel's acquisition of U.S. Steel, emphasizing his opposition to foreign ownership of the American company. He plans to strengthen U.S. Steel through tax incentives and tariffs, while the deal faces scrutiny from labor unions and the Biden administration. Nippon Steel argues the acquisition would revitalize the Rust Belt and enhance national security.
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