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International Companies
31 Jul
ep samsung galaxy fold 20190729180704
Samsung's profits dive amid memory chip market weakness

Samsung on Wednesday reported that its second quarter profits plunged on the back of lower memory chip prices, though overall figures were better than the guidance provided by the company earlier this month.

30 Jul
Apple comes in ahead of estimates thanks to 'marked improvement' in China

Apple topped Wall Street estimates on Tuesday as both revenues and profits beat expectations thanks to a "marked improvement" in China.

30 Jul
Citigroup plans to cut hundreds of jobs from global markets division

Citigroup is planning on slashing hundreds of jobs at its global markets division, said Bloomberg.

30 Jul
capital one
Arrest made after 106m Capital One user details breached

Paige Thompson - the alleged hacker who stole the personal details of about 106 million Capital One users across the US and Canada - was arrested overnight, after reportedly boasting about the breach online.

29 Jul
drugo, drugs, medical, health
Mylan's Q2 revenues top expectations

Generic pharmaceuticals maker Mylan shares shot up at the bell after posting a second-quarter revenue beat and agreeing to merge with Pfizer's off-patent unit.

29 Jul
just eat curry food kebab moves to take out Just Eat, analysts say counterbid possible

Just Eat and Takeway. com have reached a preliminary agreement on the key terms for merging the two online food delivery giants.

29 Jul
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Boeing engineer claims production for 737 Max model 'not adequately funded'

A former Boeing engineer claimed that the production of the controversial model 737 Max was not adequately funded.

29 Jul
ep plantavauxhallellesmere port reino unido
Vauxhall considers moving Astra production out of Britain

Vauxhall owner PSA said on Monday that it could move Astra production out of the Ellesmere Port factory in the UK if its profits are hurt by Brexit.

29 Jul
LSE confirms talks on $27bn Refinitiv deal

London Stock Exchange Group confirmed on Monday it was in talks to buy financial data and trading platform provider Refinitiv in a deal that could be valued at $27bn.

28 Jul
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Exclusive: UBS's Andrea Orcel did take a hair cut on 'buy out' from Santander

Madrid and London got a reprieve on Friday from the summer of 2019 heatwave that had blanketed most of Europe, with maximum temperatures falling to a relatively cool 31 and 24 degrees centigrade, respectively, but in Santander's boardroom just the opposite was probably true.

26 Jul
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US judge slashes $2bn verdict against Bayer in Roundup case

A California judge on Thursday slashed a $2bn jury verdict against Bayer to $86. 7m in the case of a couple who claimed the company's weed killer Roundup caused their cancer.

25 Jul
ep nissan x-trail 20190725112904
Nissan to cut 12,500 job as profits crash

Car maker Nissan said it would cut 12,500 jobs worldwide as first quarter net profits were almost wiped out.

25 Jul
alibaba sede
Alibaba reportedly considering second listing in Hong Kong exchange

E-commerce giant Alibaba is reportedly considering a secondary listing in Hong Kong in response to the growing trade war between the US and China.

24 Jul
US DOJ targets tech giants in antitrust probe

The US Department of Justice is opening an antitrust review into major technology firms such as Amazon, Apple, Facebook and Google to control the reach of their power and complaints of unlawful detriment of competitors.

24 Jul
uber portada movil buena
Uber and rival Ola circling London minicab giant Addison Lee

The two ride-hailing rivals Uber and Ola are among a "handful" of parties that are interested acquiring minicab firm Addison Lee Group, according to a Sky News report on Wednesday.

24 Jul
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Boeing swings to largest quarterly loss as 737 MAX groundings create headwinds

Aerospace giant Boeing reported a record second quarter loss of $2. 94bn as the effect of the 737 MAX jetliner groundings took hold.

24 Jul
ep nissan ampliagamaqashqaila version n-style
Nissan plans to cut 10,000 jobs worldwide

Carmaker Nissan announced plans to cut more than 10,000 jobs globally on Wednesday, doubling the layoffs it previously announced in May.

24 Jul
Facebook set to pay $5bn in privacy settlement

The Federal Trade Commission will reportedly announce on Wednesday that Facebook has agreed to a $5bn settlement over allegations it mishandled user privacy.

23 Jul
smith nephew robotics
Tuesday broker round-up

XPS Pensions Group: RBC Capital Markets initiates outperform with a target price of 140p.

23 Jul
Apple reportedly looking to snap up Intel's smartphone chip division

Apple is said to be in talks to buy Intel's modem chip division for approximately $1bn within the next week.