International Companies
Uber's massive data breach raises 'huge concerns' for UK regulator
Ride-hailing app Uber is facing more controversy after it admitted to concealing a data breach of the details of 57m customers, leading the UK's data protection authority to express its "huge concerns" around "policies and ethics" at the US company.
Drug firm Concordia forces 6000% price rise on NHS, competition authority says
Canadian pharmaceutical firm Concordia has been chastised by the UK competition authority for overcharging the NHS by 6,000% for an essential thyroid drug.
US Department of Justice to move against AT&T-Time Warner merger
The proposed acquisition of Time Warner by US telecoms giant AT&T will face a challenge from the Department of Justice on antitrust grounds.
Ultra Electronics gets 'green light' from CFIUS for Sparton purchase
Ultra Electronics is 'good to go' with its acquisition of US-based Sparton after receiving clearance for the proposed transaction from the US government.
British Airways's plan for passengers paying least to board last prompts negative reaction
British Airways's plans to introduce a policy whereby those purchasing the cheapest tickets will be called last has prompted a a very negative reactions from its passengers.
Mercedes doubles efforts on electric van
Mercedes-Benz was set to scale up efforts on its electric delivery van production as Deutsche Post turned from customer to competitor after the release of its bare bones battery-powered vehicles.
Marvell Technology to buy Cavium in $6bn deal
Marvell Technology has agreed to buy Cavium in a deal valued at around $6bn.
21st Century Fox subject of Comcast acquisition bid - report
Competition for the acquisition of 21st Century Fox is heating up after reports on Thursday suggested media giant Comcast has approached Rupert Murdoch’s company about a merger.
Tesla unveils new electric truck alongside surprise sports car debut
Innovative US carmaker Tesla Motors has unveiled its first ever electric truck, as it attempts to offer an alternative to gas-guzzling diesel lorries.
Coca-Cola to hold first investor day since 2009
Coca-Cola reiterated its guidance on Thursday as it updated long-term goals ahead of its first investor day event in eight years.
Emerson Electrical raises offer for Rockwell Automation
Rockwell Automation shares took off on Thursday after Emerson Electrical raised its takeover bid by $10 per share.
Improved eCommerce business gives Walmart revenue boost
US retail giant Walmart reported strong online growth across the third quarter as the battle to get back some of its business lost to the likes of Amazon intensified.
Nationale-Nederlanden Group reports strong performance in third quarter 2017
Global insurance and asset management company Nationale-Nederlanden Group (NN Group) reported a strong performance for the third quarter of 2017.
SandRidge Energy to buy Bonanza Creek in $746m deal
SandRidge Energy has agreed to buy Bonanza Creek in a cash-and-stock deal valued at $36 per share.
Airbus clinches historic $50bn order
Airbus has clinched its largest ever order from Indigo Partners, the owner of four ultra low-cost carriers, at this year's Dubai Air Show, in what some commentators see as a vindication of that business model.
Amazon to sell part of its cloud operation to Chinese investor for $300m
Tech titan Amazon is set to sell part of its cloud computing business in China to partner Beijing Sinnet Technology for over $300m.
Danfoss reports satisfactory performance in the first nine months of 2017
Danish company Danfoss, a global producer of diverse products and services, said its performance was in line with expectations over the first nine months of 2017.
Qualcomm rejects $103bn takeover bid from rival Broadcom
US semiconductor and telecommunications firm Qualcomm rejected a $103bn takeover bid from competitor Broadcom on Monday, saying the offer "dramatically" underestimated the value of the company.
New General Electric CEO slashes dividend in attempted turnaround
US industrial giant General Electric is halving its quarterly dividend to 12 cents per share as new CEO John Flannery attempts to turn its fortunes around.
Vue International receives bid from South Korean cinema group
South Korean cinema owner CJ-CGV is reportedly preparing an acquisition of UK-based group Vue International for a potential £2bn.