International Companies
BHP Billiton to return $10.4bn to shareholders
BHP Billiton will begin returning the proceeds from the sale of its onshore US oil and gas assets immediately.
George Osborne regrets mistakes that led to Brexit referendum
George Osborne admitted that he regrets missing the opportunity to inform citizens of the benefits of belonging to the EU and not spotting “the shift in politics” that led to the 2016 Brexit referendum.
GM swings to a profit despite decelerating sales
General Motors turned in strong beats on both the top and bottom line on Wednesday, despite selling fewer vehicles during the third quarter of its trading year.
Santander's Q3 profit rises 36% despite drag from UK
Santander met estimates for its Q3 results on Wednesday, reporting a rise in profits in most markets, especially in Spain (+ 27%) and the United States (+ 36%), but not in the where UK they fell by 10%.
UK tech firms risk becoming obsolete due to lack of AI strategy
Executives from half of the UK’s tech companies believe their business model will not exist by 2023 due to the rapid evolution of artificial intelligence and the lack of investment in the sector.
Facebook beats the Street on profits, falls short on user growth
Facebook topped Wall Street profit estimates on Tuesday but fell short of targets for monthly user and revenue growth.