International Companies
Standard Chartered sets aside $900m for UK, US fines
Standard Chartered said it was setting aside $900m (£688m) to cover fines resulting from regulatory investigations in the US and UK.
UBS may be forced to pay $5.1bn in French tax case
UBS may have to pay a €4. 5bn fine after a French judge found the investment bank guilty of helping rich clients move undeclared funds to Swiss accounts.
Tesla's top lawyer quits after just two months on the job
Tesla announced on Wednesday that its top lawyer Dane Butswinkas will leave the company after just two months on the job.
US carrier Mesa involved in fresh bid for Flybe
US-based regional airline Mesa Air Group is involved a bid to save struggling British carrier Flybe, it was revealed on Wednesday morning.
Wal Mart smashes expectations in banner holiday quarter
Wal Mart saw sales accelerate over the all-important holiday trading period as the US retail giant succeded in luring shoppers out from behind their computers and into its brick and mortar locations.
Kroger and Ocado choose sites for next two CFCs
Kroger and Ocado have chosen Central Florida and the Mid-Atlantic US as the two areas that will host their next two joint customer fulfillment centres.
Huawei founder says CFO arrest was politically motivated
Huawei founder Ren Zhengfei said on Monday that America's arrest of his daughter, the company's Chief Financial Officer, Meng Wanzhou, was politically motivated.
Asda sales growth slows in fourth quarter
Asda reported its seventh quarter of sales growth in a row at the end of last year, though the rate of growth softened from the previous quarter.
Roche lymphoma treatment granted priority status by FDA
Roche announced on Tuesday that the US Food and Drug Administration (FDA) has accepted its Biologics License Application (BLA), and granted ‘Priority Review’ for polatuzumab vedotin in combination with bendamustine plus ‘Rituxan’ (rituximab) (BR) for the treatment of people with relapsed or refractory diffuse large B-cell lymphoma.
Norwegian Air lower after heavily discounted rights sale
Norwegian Air stock fell around 15% on Monday after offering to sell new shares at a third of the then current market price to raise around NOK3bn (£269. 6m) in fresh funding.
Honda to shut down Swindon car plant putting 3,500 jobs on the line
Honda is set to announce the closure of its car plant in Swindon in 2022 which could potentially leave 3,500 workers unemployed.
MPs call for urgent tightening of regulations on social media companies
A parliamentary committee has published its final report following an investigation into 'fake news', accusing Facebook of knowingly breaking privacy and competition laws and calling for stricter regulations to be imposed urgently.
Credit Bank of Moscow eurobond sale greeted by strong demand
Russia's second-largest private bank successfully tapped global debt markets this week, via the sale of a heavily over-subscribed issue.
Credit Bank of Moscow Eurobond sale greeted by strong demand
Russia's second-largest private bank successfully tapped global debt markets this week, via the sale of a heavily over-subscribed issue.
Hellman & Friedman and Blackstone win over Scout24 for €5.7bn
Hellman & Friedman and Blackstone have won over Scout24 on Friday after they raised their bid to $6. 4bn including debt.
Fingerprint Cards revenue almost halves
Fingerprint Cards released its year-end report on Friday, reporting a fall in revenue to SEK 1. 54bn (£130m) for the 12 months to 31 December, from SEK 2. 97bn a year earlier.
Next Games confirms downsizing plans
Next Games has concluded consultation proceedings on its staff structure, it announced on Friday, as part of the review of its operational cost structure and the streamlining of its operational model.
PepsiCo surprises with lowered guidance
PepsiCo warned investors on Friday that earnings looked set to fall in its current trading year as it looks to up its investment into its products.
Facebook could face record fine over privacy violations
Facebook is reportedly negotiating a settlement with the US Federal Trade Commission over the data breach on 87m of its users that could result in a record fine on the social media company.