International Companies
Samsung to commit to using 100% renewable energy
Samsung announced today its plan to commit to 100% renewable energy in the US, Europe and China by 2020 as the South Korean giant succumbs to months of global protests.
Musk's Boring Co wins bid for Chicago high-speed train
Elon Musk’s Boring Company is the winner of a bid to build a multibillion-dollar high-speed train to connect downtown Chicago with O’Hare International Airport.
Comcast makes $65bn cash offer for Fox to trump Disney
Comcast made a $65bn bid to buy 21st Century Fox’s entertainment assets overnight, trumping an earlier takeover agreed with Disney for just over $52bn.
Inditex rolls out new high-tech amid positive Q1 results
Spanish fashion retailer Inditex is reaping the benefits of its recent investments in technologies to boost the efficiency of its online and physical stores.
AT&T given green light for Time Warner takeover by US courts
A US federal judge cleared AT&T's planned acquisition of Time Warner overnight, drawing to a close the six-week antitrust trial which saw regulators and the White House argue that the $85bn deal would give AT&T undue leverage.
Arron Banks faces MPs' questions over potential Russian funding for Brexit
Key players from the Leave. EU platform, Arron Banks and Andy Wigmore, face a grilling from MPs on Tuesday over alleged meetings with the Russian ambassador during the campaign.
World Cup sponsorship value falls, Asian sponsors fill gap
The 2018 Russia World Cup has had trouble securing sponsorship compared to other years, research has found, but Chinese firms have stepped up to help Fifa weather the storm.
Britons plan mass exodus from social media following Cambridge Analytica scandal
More than 50% of British residents intend to change the way in which they use social media following the Cambridge Analytica scandal earlier this year.
KKR to buy Envision Healthcare for $9.9bn in cash
Envision Healthcare looked set to jump at the open on Monday after agreeing to be bought by private equity group KKR for around $9. 9bn in an all-cash deal that includes debt.
Mars to buy AniCura pet care business
Mars Inc announced on Monday that it was making another move into the European veterinary market with the acquisition of AniCura, which has operations in seven countries, for an undisclosed sum.
EU could block Facebook from reading users' private messages
Social media companies such as Facebook face further tough European Union privacy regulations that would block them from reading private messages sent between users.
Spain-focused Berkeley Energia lists on Main Board
Spain-focused Berkeley Energia graduated to the London Stock Exchange's Main Board and updated investors on its plans to list on Spain's four major bourses on Wednesday.
Deutsche Bank chairman suggests merger with Commerzbank - report
Deutsche Bank chairman Paul Achleitner has reportedly spoken to shareholders this week about a potential merger with Commerzbank.
Takeda secures $7.5bn bank loans to help fund Shire deal
Japan's Takeda Pharmaceutical has secured the largest ever syndicated bank loan in Asia to help pay for the cash portion of its $46bn acquisition of FTSE 100-listed Shire.
EU set to fine Google billions over alleged abuse of power
According to the Financial Times, the European Commission is ready to impose a second antitrust fine on Google over alleged abuse of power in Android licensing deals with phone makers.
Tesla Model 3 'quite likely' to meet production goals, says Musk
Tesla Motors stock was up 3% on Wednesday after shareholders reinforced chief executive Elon Musk's grip at the head of the company and he said it was “quite likely” that the firm would meet Model 3 production goals of 5,000 weekly units.
China's ZTE agrees to $1bn fine and American compliance demands, US's Ross says
Chinese telecommunications giant ZTE has agreed to pay a $1bn fine and to the presence of a compliance team chosen by US officials inside the firm as part of a deal to regain access to American-made components and technology.
IKEA commits to total ban on single-use plastic products by 2020
IKEA is planning to eliminate all single-use plastic products from its catalogue by 2020 in a bid to help solve the growing global environmental crisis resulting from their use.
International Paper says Smurfit Kappa was 'not engaged' in takeover talks
International Paper Company confirmed on Wednesday that it would not make an offer for Smurfit Kappa Group, citing what it called a “lack of engagement” by Smurfit Kappa's board of directors and management.
Adyen seeks €6.5bn valuation from June listing
The proposed listing of Dutch firm Adyen, whose services are used by the likes of Facebook and Netflix to process payments, on the Euronext Amsterdam stock exchange got off to a strong on Tuesday, with investor demand eclipsing the number of shares offered by the firm within an hour.