Bloomberg Business

Any potential equity market rally is at risk if geopolitical uncertainty escalates further, according to Goldman Sachs Group Inc.

Volvo AB continued to get a boost from pent-up demand during the third quarter, while the Swedish truckmaker expects markets to weaken from a high level next year against a tougher economic backdrop.

Shell Plc agreed to buy liquefied natural gas from Qatar for 27 years to the Netherlands, marking the Gulf nation’s second major contract to supply fossil fuel to Europe beyond 2050 despite the bloc’s green goals.

Continental AG, one of Europe’s top car-parts makers, is studying the sale of automotive assets including its autonomous mobility business as it comes under growing pressure to shore up its profitability, people familiar with the matter said.

Adidas AG shares rose after the company boosted its guidance for a second time in three months, helped by sales of more Yeezy sneakers from its canceled partnership with the rapper Ye and better demand for other models.

European Central Bank Governing Council member Robert Holzmann said the Israel-Hamas war risks stoking oil prices and in turn driving inflation and weighing on growth, according to Ta Nea newspaper.

China has approved dozens of genetically modified corn and soybean seed varieties for planting, in a breakthrough move that could eventually boost production and reduce dependence on foreign supplies.

BHP Group Ltd. agreed to sell two Australian coking coal operations to Whitehaven Coal Ltd. for at least $3.2 billion, as the world’s biggest miner extends its withdrawal from fossil fuels.