International Companies
Credit Suisse downgrades profitability targets, announces buyback
Credit Suisse announced a CHF1. 5bn share buyback on Wednesday as it downgraded its profitability target for this year and the next.
TUI signals lower dividends under new payout policy
TUI said its dividend payouts were likely to be lower under a new capital allocation policy that takes effect in the current financial year.
Takeaway.com accuses Protus of bidding for Just Eat 'on the cheap'
The boss of Takeaway. com has rejected what he says are misleading claims made by Prosus in an attempt to buy Just Eat "on the cheap" as the companies battle to acquire the UK food delivery service.
Mercedes self-driving cab service to kick-off in California
Self-driving Mercedes-Benz and Bosch vehicles are set to go on trial in California with the aim of becoming a fully-functioning cab service in the near future.
Trump pressures Japan to choose US contractor over BAE Systems
Donald Trump is piling the pressure on Tokyo to choose a US defence contractor to develop replacements for its F-2 multi-role combat aircraft instead of Britain's BAE Systems.
Nissan faces £17m fine for misreporting Carlos Ghosn's pension
Nissan faces a fine of more than £17. 0m related to the carmaker's under-reporting of former chairman Carlos Ghosn's pension.
Merck to buy ArQule in $2.7bn cash deal
Merck has agreed to buy biopharmaceutical group ArQule in a $2. 7bn cash deal.
Prosus sweetens offer for Just Eat to £5.1bn
Prosus sweetened its offer for online food delivery firm Just Eat on Monday to £5. 1bn from £4. 9bn.
Sanofi to buy Synthorx in $2.4bn cash deal
French pharmaceutical company Sanofi has agreed to buy US biotechnology group Synthorx Inc in a $2. 4bn cash deal as it looks to bolster its immuno-oncology pipeline.
Tiffany falls short on earnings and revenues
Luxury jeweller Tiffany posted quarterly earnings and revenues that both fell short of estimates on the Street on Thursday.
Huawei tries to overturn ban on purchases with US government funds
Huawei is looking to overturn a ruling by the US Federal Communications Commission (FCC) barring the use of funding from the American government from being used to buy equipment from telecommunications giant.
Federal Trade Commission broadens antitrust investigation into Amazon
Amazon has reportedly seen the US Federal Trade Commission broaden its scrutiny beyond the group's retail operations to cover its cloud-computing unit.
Moncler surges as Kering said to consider bid
Shares of luxury down jacket and ski wear maker Moncler surged on Thursday following a report that France’s Kering could be interested in buying the company.
Amazon begins streaming of football matches in Britain
Amazon began broadcasting English football matches on Tuesday as part of its Prime offering.
Shares surge as Expedia ousts chief executive
Expedia has overhauled its senior management, including ousting its chief executive, just weeks after third-quarter results missed forecasts.
Roche gets another US approval for 'Tecentriq'
Roche announced on Wednesday that the US Food and Drug Administration (FDA) has approved ‘Tecentriq’ - atezolizumab - in combination with chemotherapy - ‘Abraxane’ and carboplatin - for the initial treatment of adults with metastatic non-squamous non-small cell lung cancer (NSCLC), with no EGFR or ALK genomic tumour aberrations.
Google's Sundar Pichai to replace Page and Brin as CEO of Alphabet
Google's parent company Alphabet announced on Tuesday that the head of the Google division Sundar Pichai will take over from Larry Page and Sergey Brin as CEO of the group.
Tesco, Sainsbury and Asda urge Brazil to stop Amazon deforestation
Tesco, Sainsbury and Asda have urged Brazilian President Jair Bolsonaro to stop the Amazon deforestation for soy production in a letter published on Tuesday.
Cleveland-Cliffs to buy AK Steel for $1.1bn
US iron ore miner Cleveland-Cliffs said on Tuesday that it had agreed to buy steelmaker AK Steel for $1. 1bn in shares.
Italy's UniCredit to cut 8,000 jobs by 2023
UniCredit is planning to cut 8,000 jobs in the next three years as part of a restructuring plan to increase shareholder value, the Italian bank said on Tuesday.