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International Companies
30 Sep
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WeWork calls off initial public offering

Office share start-up WeWork has withdrawn its S-1 filing with the US Securities and Exchange Commission as the group looks to postpone its hotly-anticipated initial public offering.

30 Sep
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German class action gets underway against Volkswagen

A lawsuit involving around 470,000 owners of Volkswagen cars has got underway in Germany.

27 Sep
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Wells Fargo poaches new CEO Scharf from BNY Mellon

Wells Fargo has poached its new chief executive officer and president, Charles W. Scharf, from Bank of New York Mellon.

26 Sep
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Peloton prices IPO at top range $29 per share

Fitness equipment start-up Peloton will seek an $8. 2bn valuation in its initial public offering on Thursday, with prices of $29 per share.

26 Sep
Facebook facing new probe by US Department of Justice

Facebook is apparently facing a fresh regulatory probe from the US Department of Justice, it emerged on Thursday, over the potential breach of antitrust laws.

26 Sep
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Huawei CEO considers licensing 5G technology exclusively to US firm

Huawei CEO Ren Zhengfei is considering granting a US company an exclusive licence for its 5G technology, in a bid to create a level playing field for competitors.

26 Sep
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Beyond Meat surges as McDonald's set to trial its plant-based patty

McDonald's has announced a 12-week trial in Canada of a new burger featuring a patty made by Beyond Meat, sending shares in the plant-based meat company surging.

26 Sep
ABN Amro tumbles as it confirms money laundering probe

Shares of ABN Amro tumbled on Thursday after the Dutch bank confirmed that it is being investigated over potential money laundering and the financing of terrorism.

25 Sep
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Philip Morris and Altria end merger talks

Merger talks between US tobacco companies Philip Morris International and Altria have ended.

25 Sep
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Ikea unpacks surge in full-year sales

Full-year sales at Inter Ikea Group have surpassed €40bn, the Swedish flatpack retailer announced on Wednesday.

25 Sep
EDF raises cost estimates for Hinkley nuclear plant

French state-controlled power group EDF said on Wednesday it has raised costs estimates for the Hinkley Point C nuclear plant in Britain.

25 Sep
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Santander blames 'challenging' regulations and Brexit for €1.5bn UK charge

Banco Santander is to take a €1. 5bn writedown on the value of its UK business, the Spanish lender announced late on Tuesday.

24 Sep
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Uber given two month licence extension in London

Uber was granted a two-month extension on its London licence on Tuesday, after its request for a five year licence was rebuffed by regulators in the capital.

24 Sep
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Boeing to pay $50m to families of 737 MAX crash victims

Boeing will pay $50m in financial assistance to the families of more than 300 victims of the two 737 MAX crashes, the company announced late on Monday.

24 Sep
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Daimler hit with EUR 870m fine over diesel emissions scandal

German carmaker Daimler has been fined for wrongly certifying of some of its diesel vehicles that did not meet regulatory requirements, it was announced on Tuesday, agreeing to pay a fine of €870m (£766. 99m).

24 Sep
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Manchester United scores revenue record but warns on season ahead

Manchester United reported record annual revenues on Tuesday but warned that it expected revenue and profit to fall in 2019-20, after the team failed to qualify for the Champions League.

24 Sep
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Volkswagen executives charged over emissions scandal

Criminal charges have been brought against three current and former executives of Volkswagen over the emissions scandal.

24 Sep
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BlackBerry swings to loss, misses revenue expectations

Shares in BlackBerry slumped in pre-market trade on Tuesday as the security software provider swung to a second-quarter loss, missed revenue expectations and downgraded its annual revenue guidance.

23 Sep
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SpaceX to share 'Starship' progress on Saturday as it continues quest to Mars

SpaceX CEO Elon Musk tweeted over the weekend that he was overseeing development of the Starship in Boca Chica, Texas.

23 Sep
First Quantum Minerals denies takeover talks

First Quantum Minerals said on Monday that it is not engaged in discussions regarding a takeover bid but is in talks about a potential sale of a minority interest in its Zambian copper assets.