Bloomberg Telefonica SA reached an agreement with unions in Spain to cut about 2,700 jobs through voluntary redundancies of older workers. The departures are expected to cost about 1.5 billion euros ($1.7 billion) that will be booked in fourth quarter earnings, the company said in a regulatory filing. The plan targets workers turning 55 or older in 2022 and ...

  Bloomberg Tesla Inc delivered 308,600 vehicles worldwide in the fourth quarter, smashing the previous record for the electric-car maker and setting a capstone on a year in which the company joined the exclusive $1 trillion market valuation club. The better-than-expected results posted Sunday pushed Tesla’s total sales for the year to more than 936,000, up about 87% over 2020’s ...

  Bloomberg US equity futures gained, while Asian stocks were mixed in thin trading as investors mulled the impact of the omicron variant on the global recovery. Shares of troubled China Evergrande Group were suspended in Hong Kong. S&P 500 and Nasdaq 100 contracts advanced at the start of the new year, with major markets including Australia, Japan and China ...