Uber to Acquire SpotHero; Woodside Energy Reports $2.72 Billion Profit Amid EU Trade Deal Pause
Uber Technologies will acquire SpotHero to enhance in-app parking reservations, expected to close in H1 2026. Woodside Energy reported a $2.72 billion profit, despite a 24% decrease year-over-year. The EU has paused its trade deal with the U.S. due to a new import tariff, leading to economic projection uncertainties. Diplomatic tensions between the U.S. and France are rising following a failed summons. In Syria, one soldier was killed in an attack, while the Federal Reserve seeks public input on removing 'reputation risk' from bank examinations.
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Uber Technologies announced its acquisition of SpotHero, aiming to integrate in-app parking reservations for users. The deal is expected to finalize in the first half of 2026, contingent on regulatory approval.
Woodside Energy reported a net income of $2.72 billion, a 24% decline from the previous year, yet exceeding adjusted estimates. The company confirmed its Scarborough project is 94% complete and on track for LNG production in late 2026.
The EU has paused its trade deal approval with the U.S. due to new tariffs, complicating economic projections. Tensions between the U.S. and France have escalated after a diplomatic summons was missed.
In Syria, an army personnel was killed in an attack, highlighting ongoing instability. The Federal Reserve is seeking comments on a proposal to eliminate 'reputation risk' from bank evaluations.
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