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International Companies
01 May
KPMG facing 6m pound fine from FRC over misconduct in audits

KPMG faces £6m in sanctions from the Financial Reporting Council after investigations revealed misconduct in audits and the enquiries made in a claims file review process.

30 Apr
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BP posts better-than-expected profits and cash flow, output higher

Oil major BP posted better-than-expected first quarter profits and cash flows for the first three months of 2019, together with higher output.

30 Apr
Berkshire Hathaway to invest $10bn in Occidental Petroleum if Anadarko deal gets done

Occidental Petroleum said on Tuesday that Warren Buffett's Berkshire Hathaway has committed to invest $10bn in the company contingent on it completing its proposed acquisition of Anadarko Petroleum.

30 Apr
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General Motors beats the Street on earnings

General Motors saw profits increase in the first quarter of its trading year, driven in part by a revaluation of its shares in ridesharing outfit Lyft following its IPO.

30 Apr
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Mastercard hails strong start to the year as revenues jump

Mastercard has reported a forecast-beating jump in first-quarter revenues and income.

30 Apr
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Samsung reports Q1 profit slump but expects better results in second half

South Korean tech giant Samsung Electronics reported Q1 results that disappointed investors, unveiling its weakest profits in two years.

30 Apr
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Tesla to charge ahead and cut solar panel prices to 38% below national average

Tesla is set to announce on Tuesday that it will push ahead and sell solar panels and related equipment at a discount of as much as 38% to the national average, said the New York Times.

30 Apr
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Turnaround on track at General Electric as earnings jump

The chief executive of General Electric said he was “encouraged” after first-quarter earnings at the beleaguered US industrial group beat expectations.

30 Apr
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Alphabet reports slowing ad revenue in Q1, disappointing analysts

Google parent company Alphabet reported a slowdown in its ad revenue growth for the first quarter, disappointing analysts who sent its stock tumbling 7% in after-hours trading on Monday.

30 Apr
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Santander profits drop 10% on restructuring costs, Argentina inflation

Banco Santander posted a 10. 4% drop in first-quarter net profit on Tuesday as it took a hit from restructuring costs in the UK and Poland and high inflation in Argentina.

30 Apr
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Vodafone discovered vulnerabilities in Huawei-supplied equipment

Vodafone discovered security vulnerabilities in equipment supplied by Huawei to its Italian business, it emerged on Tuesday.

30 Apr
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Lufthansa swings to a loss on fuel costs and lower fares

Deutsche Lufthansa blamed high fuel costs and pressure on fares as the German airline group swung to a first-quarter loss of more than €300m (£259m).