Ride-hailing platform Caocao Inc, owned by Geely Holding Group, plans to deploy thousands of fully customised robotaxis globally from 2027, marking a major step in the race toward large-scale autonomous mobility.

The Council of the European Union has lifted sanctions on the ASCO-owned Zagatala vessel, as well as the Shusha, Karabakh, Khankendi and Zangezur vessels owned by a joint venture between ASCO and SOCAR. The decision, adopted on Thursday, removes the vessels from the EU sanctions list.

Alpha Dhabi Holding, an Abu Dhabi-based investment company, has earmarked a dividend of AED2 billion ($545 million) for 2025 after reporting higher annual revenue.

Azerbaijan’s State Oil Fund (SOFAZ) has expanded its investment footprint in the Gulf region by joining a major infrastructure deal in the United Arab Emirates.

Azerbaijan Airlines (AZAL), part of AZCON Holding, has partnered with global airline technology provider Accelya to implement New Distribution Capability (NDC) solutions, marking a major step in modernizing the carrier’s digital retail strategy.

Sweden-based Volvo Cars sold 75,049 vehicles in December, marking a 2% increase compared with the same month last year.

SOCAR and UCC Holding have signed a Memorandum of Understanding (MoU) to supply aviation fuel to Damascus International Airport.

Electric vehicle maker Polestar announced it will conduct a reverse stock split to boost its share price and maintain its Nasdaq listing, as the company continues to face mounting losses.

Volvo Cars reported a modest increase in third-quarter profit on Thursday, with aggressive cost-cutting measures helping offset the effects of U.S. tariffs and intense market competition.

Shares in Roche Holding (ROG.S) rose about 2% on Monday, outperforming a largely unchanged European healthcare index, after the Swiss drugmaker announced it is advancing its experimental obesity drug, CT-388, to a late-stage clinical trial.