Business
German and European data‑center operators poured billions into new AI-focused facilities, quadrupling national capacity by 2030, though analysts said the gap with the US and China would widen.
Wall Street rallied as optimism that a U.S. government shutdown was nearing an end drove gains, with the Nasdaq up about 2.3% and the S&P 500 rising 1.5%.
Three major Chinese automakers offered a €6,000 electric car with swappable batteries, intensifying pressure on BYD, VW and Western manufacturers as China’s auto market cooled and sales fell.
Warren Buffett announced he would retire as Berkshire Hathaway chief executive at year-end and accelerate $1.3 billion in charitable gifts, saying he was “going quiet.”
Apollo Sports Capital acquired a majority stake in Atlético de Madrid, taking roughly 57% of the club and valuing it at about €2.5 billion, the club said.
René Benko, the Austrian Signa founder, remained in pretrial detention in Austria for two more months until mid-January and faced charges including fraud, breach of trust and aggravated fraud.
