International Companies
Mitsubishi agrees to buy Holland's Eneco in €4.1bn deal
A Mitsubishi-led consortium has beaten Royal Dutch Shell to secure renewable energy specialist Eneco in a €4. 1bn deal.
Roche clears FDA hurdle with investigational drug 'risdiplam'
Roche announced on Monday that the US Food and Drug Administration (FDA) has accepted the new drug application and granted ‘Priority Review’ status for ‘risdiplam’, an investigational survival motor neuron-2 (SMN-2) splicing modifier for spinal muscular atrophy (SMA).
LVMH to buy Tiffany in $16.2bn deal
Luxury goods company LVMH, which owns brands such a Christian Dior and Givenchy, has agreed to buy US jeweller Tiffany in a $16. 2bn deal.
Sorrento Therapeutics surges as it rejects unsolicited all-cash offer
Shares of Sorrento Therapeutics surged on Monday after the company said it had rejected an unsolicited buyout offer from two biopharmaceutical companies.
Charles Schwab to buy TD Ameritrade in $26bn deal
US brokerage firm Charles Schwab has agreed to buy rival TD Ameritrade in an all-share deal valued at around $26bn.
HP rejects Xerox's $33.5bn buyout offer
Computer maker HP reiterated on Sunday its rejection of Xerox’s offer to buy out the company for $33. 5bn.
Uber loses London licence over safety fears
Uber has been stripped of its licence to operate in London over persistent safety concerns, in a significant blow to the taxi hailing app.
Channel tunnel operator Getlink forms French regional rail venture
Channel Tunnel operator Getlink announced on Monday that it has signed an agreement with state-owned Paris public transport operator RATP, which would enable them to enter the regional rail market in France.
Foot Locker tops estimates with Q3 earnings
Retailer Foot Locker turned in better-than-expected third-quarter earnings on Friday after same-store sales came in ahead of analysts' expectations thanks to a solid performance by Nike.
Tesla busts two windows of new Cybertruck at demo
Tesla debuted its $39,900 Cybertruck pickup on Thursday but suffered a mishap as one of the windows shattered at the demo.
Macy's warns on profits as Q3 net income tumbles
US retailer Macy's issued a profit warning on Thursday morning after witnessing its first decline in same-store sales for two years.
PayPal to acquire Honey Science Corporation for $4bn
PayPal announced late on Wednesday a deal to acquire Honey Science Corporation for $4. 0bn.
Charles Schwab said to be in talks to buy TD Ameritrade
Shares of TD Ameritrade surged in pre-market trade following a report that Charles Schwab is in talks to buy the online broker.
KPMG to axe 50% of staff in its transformation unit
KPMG is reportedly cutting 50% of the staff in its in-house project management team as part of a campaign to slash millions of pounds in costs.
Google to review limits of political ad targeting
Google is set to review its political advertising rules ahead of the UK and US elections to try to limit the ability of advertisers to target political demographics and decide how to take action against “demonstrably false" claims.
Hasbro's Entertainment One takeover could face phase 2 CMA probe
The Competition and Markets Authority said on Thursday that it was considering whether Hasbro’s £3. 3bn takeover of Peppa Pig owner Entertainment One would result in "a substantial lessening of competition".
Prosus calls on Just Eat shareholders to accept offer
Prosus has called on Just Eat shareholders to accept its unsolicited £4. 9bn takeover offer, cautioning that the offer from Dutch online food delivery firm Takeaway. com creates "signifciant risk".
Target shares surge following solid Q3 update
Target shares rocketed in pre-market trading on Wednesday after the US retail giant most recent quarterly sales and earnings figures came in well ahead of analysts' estimates.
Boeing set to redesign plane engine covers after fatal accident
Boeing is set to redesign the engine covers of its 737NG aircraft after a tragic accident that saw a mother-of-two be sucked out of the plane.
Alibaba set to push ahead with Hong Kong listing despite unrest
Alibaba is set to push ahead with the Hong Kong stock market listing despite the unrest in the region and will stop taking orders from investors earlier than expected after attracting strong demand from them.