International Companies
UBS's Orcel leaves door open to Santander, but only on original terms
Talks between lawyers for ex-UBS investment bank boss Andrea Orcel and Santander remain deadlocked following Orcel’s request to be reinstated as the Spanish lender's chief executive officer - a demand which looks very unlikely to be met.
KKR & Co looks to take Walgreens Boots Alliance private
US investment firm KKR & Co formally approached pharmacy chain Walgreens Boots Alliance on Monday in a move that could potentially lead to the biggest-ever leveraged buyout.
BP CEO asks environmentalists to be 'realistic', saying fossil fuels industry is 'vital'
Bob Dudley, outgoing BP CEO said at ADIPEC in Abu Dhabi on Monday that fossil fuels companies’ efforts to secure a lower carbon future are realistic and called for environmental campaigners to remember how vital the current energy mix is to millions of people.
Alibaba breaks Singles Day record with over $30.0bn in sales so far
Chinese e-commerce retailer Alibaba broke its sales record on Singles Day and has so far already made over $30. 0bn-worth of sales.
Just Eat sticks by Takeaway.com deal as Prosus lowers acceptance threshold
Just Eat reaffirmed its commitment to a merger with Takeaway. com on Monday after Prosus tweaked its offer for the London-listed takeaway delivery platform, lowering the level of required acceptances from shareholders.
Roche releases positive data from latest 'Gazyva' trial
Roche announced data from the phase 2 ‘NOBILITY’ study investigating the safety and efficacy of ‘Gazyva’, or obinutuzumab, for adults with proliferative lupus nephritis on Monday.
Disney+ will launch in the UK in March 2020
Disney will launch its streaming platform 'Disney+' in Europe on 31 March, it announced on Friday.
Heineken ditches plastic rings and shrink wrap from cans
Heineken ditched single-use plastic rings and shrink wrap from millions of multipack cans and will be replacing them with cardboard in its latest move to combat plastic pollution.
WeWork set to start layoffs in Europe
WeWork is set to start cutting jobs in Europe, marking a ‘significant shift’ in strategy following the rescue of the company by SoftBank.
Xerox mulling audacious $27.0bn bid for HP - report
Xerox is reported to be considering an audacious cash-and-stock offer for larger rival HP worth more than $27. 0bn.
Pizza Express owner plans £80m cash injection to reduce debt
Pizza Express's Chinese owner Hony Capital will inject £80. 0m into the business in order to pay down some of its vast amount of debt.
SoftBank plunges into the red following WeWork investment
SoftBank revealed the damage caused by its investment in troubled start-up WeWork on Wednesday, posting a quarterly loss of £5. 0bn, its first for 14 years.
UK government delays decision on £4.0bn Cobham takeover
The UK government on Tuesday delayed its decision on whether to allow the takeover of defence firm Cobham by US private equity firm Advent International.
Chesapeake Energy Q3 loss widened as revenue slips
Shares in Chesapeake Energy slid on Tuesday after it reported a wider-than-expected third quarter loss following declines in revenues and production.
Botox maker Allergan reports jump in third-quarter revenues
Botox maker Allergan, which is being taken over in a $63bn blockbuster deal, has upped its full-year guidance after posting a forecast-beating set of third-quarter numbers.
Inmarsat rejects call to halt takeover proceedings
British satellite maker Inmarsat has rejected a call from one its biggest shareholders to delay its $3. 4bn takeover.
OPEC forecasts lower oil demand growth as its market share shrinks
The Organization of Petroleum Exporting Countries announced in their annual World Oil Outlook that it has lowered its long-term forecasts for global oil demand growth even as its own market share dwindles.
Passenger numbers take off at Wizz Air
Passenger numbers at Wizz Air jumped by more than 20% in October, the low-cost airline announced on Tuesday.
Under Armour slides amid US probe into accounting practices
Shares in Under Armour tumbled on Monday after the sportswear brand confirmed its accounting practices are under investigation by US authorities.
CPPIB to buy US wind and solar operator Pattern Energy
Pattern Energy Group said on Monday that it has agreed to be taken private by the Canada Pension Plan Investment Board (CPPIB) in a deal valued at $6. 1bn.