International Companies
Kroger's third quarter profits beat forecasts
North America's largest supermarket chain Kroger on Thursday posted quarterly sales and profits which came in ahead of expectations as competitive pricing brought customers through its doors in droves.
Google subject of £1bn lawsuit over iPhone data breach
US tech giant Google is facing a lawsuit in the UK which could see the company having to pay out as much as £1bn in compensation to iPhone users it collected data on.
Dialog Semiconductor tanks as Apple close to developing own power chips
Apple will use power chips designed in-house for iPhone built in 2018, reports suggested on Thursday, sending shares in UK-based chip designer Dialog Semiconductor crashing.
AB InBev accused of breaking EU competition laws in Belgian beer market
European Commission competition regulators have accused the world's biggest beer brewer of abusing its dominant position on the Belgian beer market, by hindering cheaper imports of its brands from neighbouring countries into Belgium.
Nokia says it's not in talks to buy Juniper Networks
Nokia has denied that it is in talks to buy Juniper Networks following a report suggesting it was preparing a bid for the group.
Major bug in Apple's macOS allows anyone access without a password
A major security bug has been discovered in the latest version of Apple’s macOS operating system, with the US technology giant said to be working to patch the flaw.
Emerson Electric drops bid to acquire Rockwell Automation
Automation company Emerson Electric has stepped away from a proposed bid to acquire rival Rockwell Automation.
IAG's Level sets up new base at Paris Orly
British Airways, Iberia and Vueling parent International Consolidated Airlines Group said on Tuesday that its low-cost longhaul airline, Level, will launch four new routes from Paris Orly.
Airbus teams up with Rolls-Royce and Siemens to develop electric aircraft
Airbus, Rolls-Royce and Siemens announced on Monday that they would be combining forces to develop technology required to manufacture electrically-powered aeroplanes.
SoftBank offers to purchase Uber shares at 30% discount
Japanese conglomerate SoftBank reportedly offered ride-share service Uber a total of $48bn for its shares on Monday, a 30% discount on its last valuation of $68. 5bn.
Arby's parent picks up Buffalo Wild Wings for $2.9bn
North American restaurant group Arby's, announced on Tuesday that its owner, Roark Capital Group, had agreed to acquire sports bar franchise Buffalo Wild Wings as part of $2. 9bn deal.
Shell plans to install more than 500 electric-vehicle charging stations across Europe
Royal Dutch Shell has joined forces with several major car manufacturers to expand its electric-vehicle charging business into Europe as the world's second-biggest oil company adapts to the growing sustainable energy trend.
Citi previews Amazon's re:Invent conference
Amazon's sixth annual re:Invent cloud user conference began in Las Vegas on Monday, attracting customers and developers from around the globe to Sin City, where the e-commerce behemoth's web services division (AWS) was set to unveil new tools.
Julius Baer boss resigns to join rival
Boris Collardi, chief executive of private banking group Julius Baer, unexpectedly stood down from the position to become a partner at rival Pictet Group on Monday.
Akzo Nobel to buy Thai powder coatings manufacturer V.Powdertech
Dulux owner Akzo Nobel has agreed to buy Thai powder coatings manufacturer V. Powdertech for an undisclosed sum.
Allianz to buy remaining shares in Euler Hermes
Allianz has agreed to buy the remaining shares of credit insurer Euler Hermes it does not already own through a simplified cash tender offer.
Rolls Royce to join Airbus and Siemens in building hybrid jet
Rolls Royce may announce as soon as Tuesday that it has joined forces with Airbus and Siemens to engineer electric drives for airplanes.
Hammond announces new rules to combat online VAT fraud
Under a renewed government crackdown on fraud, online retailers like Amazon and eBay would be required to monitor transactions through their website in order to stop scams where foreign companies warehoused goods in the UK and then sold them, VAT free.
Facebook to inform users that interacted with Russian bots
US tech giant Facebook has announced it will show users of the social network whether it interacted with pages set up by Russian bots during the presidential election last year.
Major Apple iPhone supplier puts end to illegal overtime for interns
One of Apple’s biggest suppliers for its new iPhone X device has stopped the practice of interns working illegal overtime at its plant in China.