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International Companies
30 Jun
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Inovio Pharmaceuticals's Covid-19 vaccine triggers immune response

Inovio Pharmaceuticals's experimental vaccine against the novel coronavirus was found to be safe in an early stage clinical trial and successfully induced an immune response in the majority of participants in the test.

30 Jun
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Ex-UBS investment banker to be next head of Santander UK

The former head of UBS's investment banking operations in Britain will be the next chairman of Santander UK.

30 Jun
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Netflix pledges 2% of cash to support black communities in US

Netflix announced it would pledge 2% of its cash holdings to support black communities in the US.

30 Jun
Wirecard's US unit up for sale

Troubled German payment outfit Wirecard's US unit has put itself on the auction block after ist parent company filed for insolvency on 27 June after approximately €1. 9bn (£1. 7bn) of cash on its books went missing.

30 Jun
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Uber in talks to buy Postmates for $2.6bn - report

Shares in Uber Technologies jumped on Tuesday after the US company was reported to be in talks to acquire rival delivery service Postmates for $2. 6bn.

30 Jun
FCA lifts ban on Wirecard's UK operation

The Financial Conduct Authority has lifted its ban on trading by Wirecard's UK business, restoring access to cash and payments for millions of users of apps that relied on its services.

29 Jun
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Facebook ads boycott over hate speech to go global

Facebook is failing to break an advertising boycott over hate speech on its platform with Diageo, Starbucks and Levi’s becoming the latest corporates to pull their ad dollars.

29 Jun
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Boeing jumps as FAA clears 737 Max to resume flight testing

The Federation Aviation Administration cleared the Boeing 737 Max for test flights one year after its grounding.

29 Jun
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Single course of Covid-19 treatment to cost $2,340 per patient - Gilead

Gilead Sciences has announced it will charge developed countries $390 a vial for remdesivir, its antiviral drug currently being investigated for use in Covid-19 patients.

29 Jun
Kim Kardashian
Coty to splash out $200m on stake in Kim Kardashian beauty business

US cosmetics group Coty is to take a 20% stake in Kim Kardashian West’s beauty empire after striking a $200m deal with the reality television star.

29 Jun
Wirecard shares jump as purchase talk swirls

Wirecard shares more than doubled after the embattled payments company said its business activities were continuing to operate and speculation arose that rivals might snap up some of its operations.

29 Jun
Airbus to cut the amount of planes it builds by 40% - report

Airbus’s plane output in the next two years is set to be 40% lower than that seen prior to the Covid-19 crisis, it was reported on Monday.

26 Jun
tesco, dave lewis
Tesco shareholders vote against CEO Lewis's £6.4m payday

Tesco suffered a heavy defeat at its annual general meeting as more than two-thirds of shareholder votes opposed a £6. 4m payday for departing Chief Executive Dave Lewis.

26 Jun
Verizon cuts Facebook ads in growing boycott

Verizon joined companies such as Ben & Jerry’s and Patagonia in a boycott against Facebook and pulled its ads from the social media platform.

26 Jun
FCA blocks Wirecard as Brussels eyes German regulation

The Financial Conduct Authority blocked Wirecard from doing business in the UK or disposing of assets Brussels called for an inquiry into whether Germany's regulator failed in its supervision of the collapsed payments company.

26 Jun
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Amazon acquires start-up Zoox in $1.2bn deal

Amazon acquired self-driving start-up Zoox in a $1. 2bn deal that marks the ecommerce group’s biggest investment into the autonomous vehicle sector.

25 Jun
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German payments processor Wirecard files for insolvency

German payments processor Wirecard said on Thursday that it was filing an application with the district court of Munich to open insolvency proceedings after announcing a €1. 9bn hole in its accounts last week.

25 Jun
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Qantas plans 6000 job cuts, $1.9bn raising as part of recovery plan

Qantas is planning to cut 6,000 jobs and raise AUD 1. 9bn as part of its three-year recovery plan as it struggles to cope with the ongoing slowdown in air travel demand in the wake of the Covid-19 pandemic.

25 Jun
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Washington claims Huawei and Hikvision backed by Chinese military

The Trump administration determined that top Chinese firms, including Huawei Technologies and Hikvision are owned or controlled by the Chinese military forces, reported Reuters on Thursday.

25 Jun
SoftBank raises $14.8bn from T-Mobile share sale

SoftBank raised $14. 8bn through the sale of shares in US-listed T-Mobile as it seeks to raise up to $20bn in cash by disposing of its stake in the wireless telecommunications carrier.