International Companies
Disney+ passes 10.0m streaming users mark for one day
Disney said late on Wednesday that over 10. 0m subscribers had signed up to its new online streaming platform in just the first day, sending shares in the entertainment giant higher.
Walmart tops earnings estimates in Q3
US retail giant Walmart fell short of analysts's estimates for its total sales in the third quarter but a 41% increase in online revenues still saw the company come in ahead of earnings expectations.
Saudi Arabia is 'running out of money' and needs funding from IPO
Saudi Arabia is slowly running out of money and needs the funds from the upcoming stock market listing of a small portion of state oil giant Saudi Aramco in December to finance its reform push, a former head of America's Central Intelligence Agency said.
Daimler warns on profits, looks to cut €1.4bn in personnel costs
Daimler outlined plans to cut as much as €1. 4bn in personnel costs on Thursday as the German automotive giant warned the shift to electric vehicles would hit profits over the next two years.
Brexit stockpiling boosts Channel Tunnel traffic in October
The prospect of a hard Brexit on 31 October led to an uptick in freight traffic through the Channel Tunnel during the month, it was revealed on Thursday.
Apollo Global Management to buy Tech Data in $5.4bn deal
Tech Data has agreed to be bought by private equity firm Apollo Global Management in a $5. 4bn deal.
Tesla to open first European Gigafactory in Germany
Tesla CEO Elon Musk announced on Tuesday that the company’s fourth Gigafactory will be built in Berlin, Germany and added that the UK was not a suitable location due to the Brexit related uncertainty.
Mars to launch vegan Galaxy bar in UK
Mars is set to launch its vegan version of the classic Galaxy chocolate bar in the UK and fill the gap of vegan milk chocolate.
Nissan shrinks forecasts after Q2 profit plunges by 70%
Nissan slashed its interim dividend and full-year forecasts on Tuesday, after reporting that falling sales had dealt a heavy blow to its second quarter profits.
Boeing 737 Max flight ban could be lifted by January
Boeing said on Monday it could have its fleet of 737 Max jets flying again by January once safety checks on the model’s software have been completed.
Burger King partners with Unilever to market plant-based Whoppers in Europe
Burger King announced on Monday that it will roll-out a meat-free version of its Whopper burger in 25 European countries in a partnership with Unilever.
WeWork reportedly considering T-Mobile's John Legere as its new CEO
WeWork is looking for a new chief executive office following the departure of Adam Neuman and is reportedly considering T-Mobile’s John Legere, people close to the matter told the Wall Street Journal.
UBS's Orcel leaves door open to Santander, but only on original terms
Talks between lawyers for ex-UBS investment bank boss Andrea Orcel and Santander remain deadlocked following Orcel’s request to be reinstated as the Spanish lender's chief executive officer - a demand which looks very unlikely to be met.
KKR & Co looks to take Walgreens Boots Alliance private
US investment firm KKR & Co formally approached pharmacy chain Walgreens Boots Alliance on Monday in a move that could potentially lead to the biggest-ever leveraged buyout.
BP CEO asks environmentalists to be 'realistic', saying fossil fuels industry is 'vital'
Bob Dudley, outgoing BP CEO said at ADIPEC in Abu Dhabi on Monday that fossil fuels companies’ efforts to secure a lower carbon future are realistic and called for environmental campaigners to remember how vital the current energy mix is to millions of people.
Alibaba breaks Singles Day record with over $30.0bn in sales so far
Chinese e-commerce retailer Alibaba broke its sales record on Singles Day and has so far already made over $30. 0bn-worth of sales.
Just Eat sticks by Takeaway.com deal as Prosus lowers acceptance threshold
Just Eat reaffirmed its commitment to a merger with Takeaway. com on Monday after Prosus tweaked its offer for the London-listed takeaway delivery platform, lowering the level of required acceptances from shareholders.
Roche releases positive data from latest 'Gazyva' trial
Roche announced data from the phase 2 ‘NOBILITY’ study investigating the safety and efficacy of ‘Gazyva’, or obinutuzumab, for adults with proliferative lupus nephritis on Monday.
Disney+ will launch in the UK in March 2020
Disney will launch its streaming platform 'Disney+' in Europe on 31 March, it announced on Friday.
Heineken ditches plastic rings and shrink wrap from cans
Heineken ditched single-use plastic rings and shrink wrap from millions of multipack cans and will be replacing them with cardboard in its latest move to combat plastic pollution.