International Companies
Amazon to buy 49% stake in India's Future Coupons
Amazon has agreed to buy a 49% stake in Indian retail company Future Coupons.
Deutsche Bank pays $16m to settle corrupt hiring allegations
Deutsche Bank will pay more than $16m (£13m) in the US to settle allegations that it hired relatives of overseas government officials and business people to win business in the latest punishment linked to the long-running "princeling" scandal.
Volkswagen denies claims it is interested in Tesla stake
Volkswagen on Thursday denied a media report that the German carmaker was looking to purchase a stake in electric car manufacturer Tesla.
Facebook's Libra under investigation in EU antitrust probe
European Union antitrust regulators have kicked off a probe on Facebook’s cryptocurrency Libra project reported Bloomberg.
Target shares surge as retailer ups full-year guidance
US retailer Target upped its full-year profit guidance on Wednesday after turning in stronger-than-expected second-quarter results.
Ryanair wins court bid to block Irish pilot strikes
Ryanair has been granted an injunction by the Irish High Court to stop a 48-hour strike by its pilots in the country after the airline's lawyers argued that the union representing around 180 of the pilots had announced the industrial action before discussions had been concluded.
MOD Resources lays out scheme for recommended acquisition by Sandfire
MOD Resources updated the market on the proposal from Sandfire Resources to acquire 100% of the issued shares of the company by way of a scheme of arrangement on Wednesday.
Walmart sues Tesla for negligence after solar system fires
Walmart sued Tesla on Tuesday for “widespread negligence” that led to repeated fires linked to the company's solar systems and has asked a court to force the technology giant to remove the panels from over 240 of its US stores.
Fiat Chrysler merger talks with Renault said to be back on
Shares in Renault and Fiat Chrysler Automobiles rallied on Wednesday as it emerged that they are still in mergers talks.
Sarepta Therapeutics hit after FDA pushes back on fast-track approval for Golodirsen
Shares of Wall Street biotechnology darling Sarepta Therapeutics came under sharp selling pressure after America's drug safety watchdog rejected the company's petition for accelerated approval of its Golodirsen drug for Duchenne Muscular Distrophy.
Home Depot trims forecasts as trade war weighs on sales
US home improvement retailer Home Depot warned on Tuesday that Washington's trade spat with Beijing would result in subdued sales growth during its current trading year.
App developers accuse Apple of anti-competitive practices
A group of app developers have written an email to Apple’s boss Tim Cook claiming that some privacy changes to the latest Apple iOS could hurt their business labelling the move as anti-competitive behaviour.
Bayer to sell animal health business to Elanco in $7.6bn deal
German pharmaceutical and life sciences group Bayer has agreed to sell its animal health business to US-based Elanco in a $7. 6bn cash and stock deal.
Google shuts down Android data programme over privacy fears
Google has shut down a service for wireless carriers globally that helps them detect weak spots in their network coverage amid concerns over Android users’ data privacy, reported Reuters on Monday.
Trump backs US tech giants in protest against French tax
Trump has offered his support to America's largest technology companies in their fight against France's proposed new tax on them.
Trump rejects doing business with Huawei over national security concerns
Donald Trump told reporters on Sunday that he may not want to do business with Huawei "at all” over concerns that it poses a national security threat.
IMCD sees solid earnings growth amid 'challenging' macro environment
Dutch speciality chemicals and food ingredients distributor IMCD reported a 19% improvement in gross profit to €312m (£284. 86m) in its first half on Friday, or 18% on a constant currency basis.
Telstra monetises AUD 1bn of assets as part of 'T22' strategy
Australian telecoms provider Telstra announced that it had reached AUD 1bn (£560m) in asset monetisation on Friday, as it reported the establishment and part-sale of an unlisted property trust to own 37 of its existing exchange properties.
Norwegian Air cancels all US-Ireland services following 737 MAX groundings
Low-cost carrier Norwegian Air has cancelled all flights between Ireland and North America from 15 September, just five months after launching new routes between Dublin and Canada.
Cathay Pacific CEO resigns after Hong Kong protest row
The chief executive officer of Cathay Pacific, Rupert Hogg, has resigned a week after the company told its staff that it would not stop them from joining anti-government protesters in Hong Kong.