International Companies
UNICEF launches crypto fund to receive ether and bitcoin donations
UNICEF announced on Tuesday that it will now be able to receive, hold and disburse donations of cryptocurrencies ether and bitcoin through its newly-established UNICEF Cryptocurrency Fund.
Cellnex to buy Arqiva telecoms in £2bn deal
Spanish group Cellnex is set to purchase the telecoms arm of UK’s Arqiva in a £2bn deal.
Nissan appoints Makoto Uchida as CEO
Nissan has appointed the head of its Chinese operations, Makoto Uchida, as its new chief executive officer.
CMA alleges Fender illegally prevented price discounts for guitars
The market competition watchdog found that guitar company Fender Europe broke the law by illegally restricting online discounts for its guitars.
Selfridges bucks trend as annual sales light up
High end department store Selfridges & Co has shrugged off the chilly conditions on the UK high street to post a jump in annual sales.
Deutsche Bank plans to cut 9,000 jobs in Germany, Bloomberg says
Around half of Deutsche Bank's planned 18,000 job cuts will be in Germany, according to a source cited by Bloomberg on Tuesday.
US blacklists Chinese tech firms ahead of crunch trade talks
America has blacklisted eight Chinese technology firms over their alleged involvement in human rights abuses.
China's services sector PMI falls to seven-month low
Business activity in China edged ahead in September, a survey showed on Tuesday, despite activity in the services sector softening to a seven-month low.
Tuesday preview: Fedspeak, Levi Strauss in focus
The spotlight on Tuesday will be on a trio of speeches from three top US central bank officials.
Kaspi.kz pulls London listing amid 'uncertain' market conditions
Kazakh financial group Kaspi. kz has pulled its debut on the London Stock Exchange, blaming "unfavourable and uncertain" market conditions.
GE to freeze pension plan for 20,000 US employees as it looks to cut debt
General Electric announced on Monday that it was freezing its pension plan for around 20,000 US employees with salaried benefits as it looks to cut debt.
Apple increases iPhone 11 production by 10%
Apple Inc has asked suppliers to increase production of its iPhone 11 models by up to 8m units, or about 10%, Nikkei Asian Review reported on Friday.
Wirecard launches money transfer service on messaging app Viber
Digital financial technology provider Wirecard announced on Friday that it was working with Rakuten Viber and its partner NeoPay, to launch a new money transfer service for users of instant messaging app Viber.
Evotec reaches milestone in partnership with Aeovian
Evotec announced on Friday that it has reached a milestone in a drug discovery and development partnership with biopharmaceutical company Aeovian Pharmaceuticals.
US House wants Zuckerberg to testify on Libra by January
A US House committee has declined to schedule a hearing on Libra with Facebook’s operating officer Sheryl Sandberg in October until CEO Mark Zuckerberg commits to an appearance before them by January, The Information reported, citing a congressional source.
Ryanair quits arbitration body and saves millions in payouts
Ryanair has saved millions of pounds in compensation payouts after quitting an industry-wide arbitration body, said Which?.
PepsiCo tops estimates as marketing investment pays off
Food and beverage giant PepsiCo topped expectations with quarterly earnings and revenue figures on Thursday after an increase in advertising spend paid dividends.
Netflix receives €57000 tax rebate from UK government in 2018
Streaming giant Netflix received a €57,000 (£51,000) tax rebate from the UK government last year despite making an estimated £700. 0m from just its UK subscribers.
Self-driving cars reach London streets in new trial
Ford hit a UK milestone for self-driving vehicles this week with the first test drive of one of its cars around Stratford.
H&M shares hit two-year high after 'well-received' summer sales
Hennes&Mauritz posted its first increase in quarterly earnings for 2019 thanks to a well-received summer collection that allowed the company to reduce its inventory levels, sending it shares to their best level since end-2017.