International Companies
Apple drops on weak outlook despite four-quarter record streak
Apple turned in a fourth consecutive quarter of record revenue and profits on Thursday, as higher iPhone price and solid app store sales drove the tech behemoth to its best year in history.
Deutsche Bank rises as activist Hudson takes stake
A New York-based activist hedge fund run by former JPMorgan finance chief Douglas Braunstein has built a 3. 1% stake in beleaguered German lender Deutsche Bank.
Spotify hits right note as subscriber numbers and revenues rise
Music streaming service Spotify increased subscribers and narrowed losses in the third quarter, but warned that operating margins would be eroded “for the foreseeable future” as it ramps up investment in research and development.
Credit Suisse shrugs off economic pressures to report surge in profits
Credit Suisse said it remained on course to fulfil full-year targets despite witnessing more challenging conditions in the third quarter.
Google workers stage global protest over sexual misconduct claims
Google staff across the world are staging a series of walkouts on Thursday, in protest of how women are treated at the tech giant.
Van der Linde out, Jaccoud in at map tech firm AND
AND International Publishers announced on Thursday that its current chief executive officer, Hugo van der Linde, had indicated that he would resign on 1 March 2019.
Roche gets European approval for new leukaemia therapy
Roche announced on Thursday that the European Commission has approved ‘Venclyxto’ (venetoclax) in combination with ‘MabThera’ (rituximab) for the treatment of adult patients with chronic lymphocytic leukaemia (CLL), who had received at least one prior therapy.
AMG reports strongest quarterly earnings in a decade
AMG Advanced Metallurgical Group reported a 27% improvement in third quarter revenue on Thursday, to $328. 1m.