Instacart Stock Drops After FTC Probes AI-Based Price Discrimination Claims 
U.S. Lawmakers Urge Pentagon to Blacklist More Chinese Tech Firms Over Military Ties 
OpenAI Explores Massive Funding Round at $750 Billion Valuation 
FDA Fast-Tracks Approval of Altria’s on! PLUS Nicotine Pouches Under New Pilot Program 
Maersk Vessel Successfully Transits Red Sea After Nearly Two Years Amid Ongoing Security Concerns 
Harris Associates Open to Revised Paramount Skydance Bid for Warner Bros Discovery 
Japan Inflation Holds Firm in November as BOJ Nears Key Rate Hike Decision 
Roche CEO Warns US Drug Price Deals Could Raise Costs of New Medicines in Switzerland 
U.S. Stocks End Week Higher as Tech Rally Offsets Consumer Weakness 
Citi Appoints Ryan Ellis as Head of Markets Sales for Australia and New Zealand 
Gold and Silver Surge as Safe Haven Demand Rises on U.S. Economic Uncertainty 
Austan Goolsbee Signals Potential for More Fed Rate Cuts as Inflation Shows Improvement 
Precious Metals Rally as Silver and Platinum Outperform on Rate Cut Bets 
Asian Stocks Slide as AI Spending Fears and Global Central Bank Decisions Weigh on Markets 
TikTok U.S. Deal Advances as ByteDance Signs Binding Joint Venture Agreement 
BOJ Poised for Historic Rate Hike as Japan Signals Shift Toward Monetary Normalization 
Volaris and Viva Agree to Merge, Creating Mexico’s Largest Low-Cost Airline Group 
Volkswagen published an intention to float the sports car brand Porsche for an initial public offering, which could become one of the world's largest listings amid record inflation.
The IPO is eyed for late September or early October to be completed by the end of the year.
However, Volkswagen clarified that the listing and timing were subject to further capital market developments.
Volkswagen may reportedly extend the four-week period for buyers to express interest, or cancel its plans.
Investors anticipate a valuation of $60 billion to $85 billion.
While the Porsche brand is strong, other luxury carmakers' valuations have fallen, including Aston Martin and Ferrari.
According to Refinitiv data, the IPO could be among the largest in German history and the largest in Europe since 1999.
Qatar will be a key investor, pledging a 4.99 percent stake in the newly listed company.
