BMW is recalling almost 37,000 cars in the US due to unintentional steering wheel rotation while driving. Earlier, Toyota recalled 600,000 cars due to faulty digital dashboards.
Morgan Stanley is the leading contender to be the lead underwriter for the SpaceX IPO due to long-standing ties with Elon Musk. The SpaceX offering in 2026 is expected to be the largest in history, exceeding $1.5 trillion in capitalization.
Eve Air Mobility successfully conducted the first flight of its full-scale electric vertical take-off and landing (eVTOL) prototype in Brazil. This is an important step towards certification and entry into service in 2027.
Ford is recalling 272,645 vehicles due to a parking system malfunction that could cause the car to move on its own after stopping. The problem affects F-150 Lightning BEV, Mustang Mach-E, and Maverick models and will be resolved with a software update.
Trump once again announced that in 2026 he plans to host a "grand" party for US Independence Day. The American president announced sports and other events.
EU leaders have decided to lend 90 billion euros to finance Ukraine's defense, avoiding the use of frozen Russian assets. Investors, experts, and analysts are divided on this issue.
One of SpaceX's Starlink satellites experienced an anomaly in space, creating a small amount of debris and losing communication at an altitude of 418 km. The satellite is practically intact, rotating and will re-enter Earth's atmosphere, where it will completely disintegrate within a few weeks.
US President Donald Trump has signed an executive order to ease federal marijuana rules, directing the Attorney General to reclassify it. This decision could change the cannabis industry and open the door for research funding.
US President Donald Trump will sign into law on December 18 the defense policy bill for fiscal year 2026, which regulates military pay raises and measures to respond to geopolitical threats, and also provides for the allocation of $800 million to Ukraine for the purchase of American weapons.
Trump's company announced a merger with thermonuclear technology developer TAE Technologies. The $6 billion deal aims to meet the energy needs of data centers serving artificial intelligence.
US President Donald Trump's special envoy, Steve Witkoff, will meet with Qatari, Egyptian, and Turkish officials in Miami to discuss a deal on Gaza.
European Central Bank President Christine Lagarde expressed confidence that EU leaders will agree on a way to support Ukraine. She expects a solution to be found, despite possible difficulties, as the issue is too important.
US Secretary of State Rubio announced the imposition of restrictions against two ICC judges, Gocha Lordkipanidze and Erdenebalsuren Damdin. This decision was made under an executive order aimed at countering attempts by the court to prosecute citizens of states that are not members of the ICC.
Israel's Ministry of Defense announced an expansion of its contract with Germany for the supply of Arrow-3 missile defense components, increasing its value to $3. 1 billion.
The Russian government has ordered the country's railway to sell the "Moscow Towers" in the capital's "Moscow City" complex to pay off its debts.
The UN Human Rights Office accused the Sudanese group RSF of massacring over 1,000 civilians in the Zamzam camp in North Darfur. Militants used sexual violence and blocked food supplies, leading to starvation.
The United States has approved an $11. 1 billion arms sale to Taiwan, the largest ever arms package for the island. The move comes amid increasing military pressure from China and includes HIMARS rocket systems, howitzers, and Javelin anti-tank missiles.
Israeli Prime Minister Benjamin Netanyahu announced the approval of a 112 billion shekel ($34. 67 billion) deal to supply natural gas to Egypt. This agreement will help Egypt, which has spent billions on importing liquefied natural gas, to ease its energy crisis.
Silver prices have reached a new all-time high, surpassing the $65 per ounce mark, making it the best annual performance in history. The surge is driven by supply shortages, growing demand from high-tech industries, and the inclusion of silver on the US list of critical minerals.
Oil company PDVSA has resumed loading crude oil and fuel after a three-day pause caused by a cyberattack. Fuel exports remain blocked due to Washington's strict policies and fears of asset seizure. Crude exports have sharply fallen compared to 900,000 barrels per day in November.
The National Center for Atmospheric Research (NCAR) in Boulder is being disbanded in the United States. This is part of a strategy to cut funding for climate research, which also includes reducing the budget of NOAA and its scientific division OAR.
Poland will begin producing anti-personnel mines for the first time since the Cold War. They will be deployed along the eastern border and exported to Ukraine.
Trump ordered a full blockade of all sanctioned Venezuelan oil tankers. Caracas condemned the move as an open act of aggression, while Trump accused the government of Nicolas Maduro of drug trafficking and human trafficking.
The Warner Bros Discovery board of directors rejected Paramount Skydance's $108. 4 billion offer due to insufficient funding guarantees. This decision means support for Netflix's offer to acquire Warner Bros assets.
Warner Bros. Discovery's board of directors is likely to reject Paramount Skydance's $108.4 billion offer, backing Netflix instead. Netflix previously offered $72 billion for Warner Bros. Discovery.
Canada plans to open two new consulates in Greenland and Alaska as part of a strategy to strengthen its presence in the Arctic. Foreign Minister Anita Anand emphasized the growing strategic importance of the region, given the advancement of Russian infrastructure and the melting of polar ice.
Rating agency Fitch has placed Euroclear Bank's ratings on Rating Watch Negative due to EU plans to use frozen Russian assets for a 'reparations' loan to Ukraine. This could lead to increased legal and liquidity risks for Euroclear.
The US Air Force plans to acquire two Boeing 747-8 aircraft at a total cost of approximately $400 million. They will be used for crew training and as a source of spare parts for the future presidential fleet.
Oil quotes rose after US President Donald Trump announced a blockade for all sanctioned tankers entering and leaving Venezuela. Brent quotes rose by 0.9% to $59.46 per barrel, and American WTI rose by 1% to $55.82.
On December 16, US President Donald Trump ordered a complete blockade of all sanctioned oil tankers entering or leaving Venezuelan territorial waters. He accused Venezuela of stealing American assets and declared its government a "foreign terrorist organization."
