International Companies
Mallinckrodt cheers investors with positive trial results
Shares in Mallinckrodt Pharmaceuticals jumped on Monday after the drug company reported positive results for a key Phase 3 clinical trial.
Pressure grows on WeWork founder to step aside - reports
Investors in WeWork are agitating for founder Adam Neumann to step down as chief executive, according to reports.
Queues at Apple stores around the world as iPhone 11 goes on sale
Apple’s latest iPhone has just come out on sale and already tech fans are queueing at the stores to get the upgraded iPhone 11.
Google to invest €3bn in European data centers expansion
Google is set to invest €3. 0bn over the next two years to expand its European data centers, Chief Executive Sundar Pichai announced in Finland on Friday.
Casino in talks to sell Leader Price to Aldi
French supermarket retailer Casino confirmed late on Thursday that it is in talks with German discounter Aldi about selling its discount chain Leader Price.
Roche gets FDA approval for Babesia parasite test
Roche has received approval from the US Food and Drug Administration (FDA) for the cobas Babesia test for use on the cobas 6800/8800 Systems, for individual blood donation testing, it announced on Friday.
KPMG to cut hundreds of UK jobs
KPMG UK plans to make redundant about a third of its 630 administrative assistants in a wave of cost-cutting.
Smart TVs sharing user data with Netflix and Facebook
Smart TVs are allowing access to sensitive user data by firms including Netflix, Google, and Facebook, revealed two studies.
FedEx slumps after downgrading earnings guidance
FedEx shares slumped in pre-market trade on Wednesday after the US shipping company posted a drop in first-quarter earnings and downgraded its guidance for the year, pointing to weakening global economic conditions and higher costs.
First-quarter profits rise at General Mills despite sales fall
Shares in General Mills eased in pre-market trading after the US food giant missed first-quarter sales estimates.
Huawei to invest $1.5bn in developer program
Huawei announced on Wednesday plans to invest $1. 5bn on its developer program over the next five years and its intention to offer deeper access to its 5G secrets as part of its latest computing strategy.
BoE Governor Carney may be asked to extend term - FT
Mark Carney may be asked to prolong his term at the helm of the Bank of England if Britain's scheduled date for departing the European Union is delayed again.
Avation inks four-aircraft deal with Braathens Regional Airways
Commercial passenger aircraft leasing company Avation has signed 10-year leases with Braathens Regional Airways for four new ATR 72-600 aircraft, it announced on Wednesday.
Roche gets breakthrough designation for 'Gazyva' lupus treatment
Roche announced on Wednesday that the US Food and Drug Administration (FDA) has granted ‘Breakthrough Therapy Designation’ (BTD) to ‘Gazyva’ (obinutuzumab) for adults with lupus nephritis.
Apple readies to fight $14bn tax charge against European Commission
Apple's lawyers and Dublin are trying to overturn a landmark tax ruling against them in an appeals court.
Lightspeed Solar Partners to debut on London market
Lightspeed Solar Partners is to float on the London Stock Exchange as it seeks to raise $250. 0m to fund acquisitions.
EU conditionally clears E.ON's acquisition of Innogy assets
The European Commission has conditionally cleared E. ON's proposed acquisition of Innogy's distribution and consumer solutions business, as well as some of its electricity generation assets.
WeWork delays IPO until end of 2019
WeWork has delayed its stock market listing until the end of the year amid growing investor concerns over its corporate governance, valuation and the outlook for the business.
Saudi Aramco customers warned of delays - reports
Saudi Aramco has reportedly told customers that next month’s crude deliveries will be delayed following attacks on its facilities.
Airbus shares fall after WTO reportedly sides with Trump in trade dispute
Airbus stock fell as much as 4% on Monday following reports that the World Trade Organisation had taken the US side in a ruling over alleged unfair subsidies for the plane maker.