International Companies
Apple preparing to launch four new 5G iPhones
Apple is gearing up for the launch of a raft of new products, including four new 5G iphone models.
G4S rejects new £2.97bn bid from Gardaworld
Security group G4S on Wednesday rejected £2. 97bn cash offer from rival GardaWorld as “opportunistic”, having rebuffed an earlier similar bid from the Canadian outfit.
China to open antitrust investigation into Google
The Chinese government is preparing to launch an antitrust probe into Alphabet Inc's Google over allegations of competition irregularities.
Regeneron's monoclonal treatment for Covid-19 shows promise in early trial
Early trial results for Regeneron's monoclonal antibody cocktail showed that it helped to alleviate symptoms in patients in mild-to-moderate cases of Covid-19.
Baidu's voice assistant valued at $2.9bn after investment
Chinese internet giant Baidu announced that its voice assistant was valued at $2. 9bn following a capital raise for an undisclosed amount of money.
FAA to carry out evaluation flights for improved Boeing 737 MAX
The Federal Aviation Administration is due to conduct an evaluation of the recently improved Boeing 737 Max.
Nokia wins contract for UK 5G network
Nokia secured a deal to supply radio equipment for the UK’s new 5G network alongside BT, the company announced on Tuesday.
Tesla's Musk doubles down on plans for Starlink IPO
Tesla boss Elon Musk doubled down on the firm's promise to let retail investors in on the initial public offering of its space-based internet business, Starlink.
Tirupati Graphite mulls London IPO
India’s Tirupati Graphite is looking to debut on the London Stock Exchange, it was announced on Monday.
Petrol station billionaires in running to buy Asda - report
Walmart has chosen buyout firm TDR Capital and the billionaire brothers who founded the EG petrol station business as joint preferred bidders to buy Asda, the Financial Times reported.
Inovio shares crash after FDA places partial hold on Covid-19 trial
Inovio's phase 2/3 trial of its Covid-19 vaccine candidate was put on partial hold by the US Food and Drug Administration, sending the shares crashing.
Court temporarily blocks Trump's ban on TikTok
A US district judge granted TikTok a temporary reprieve from US President Donald Trump’s executive order banning it from app stores in the States late on Sunday evening.
Uber wins legal battle to continue operating in London
Uber is to continue operating in London, after a judge upheld its appeal against Transport for London’s decision to revoke its operator licence.
Apollo and Ceasars Entertainment table rival cash bids for William Hill
US private equity outfit Apollo Global Management and Caesars Entertainment have tabled rival cash takeover offers for bookmaker William Hill.
MasMovil says not in talks with Vodafone - report
Spain’s MasMovil said on Friday that it had not been approached by Vodafone following a report the London-listed telephone operator had begun talks with the three buyout funds that recently took it over.
Novavax agrees manufacturing deal with Endo for Covid vaccine
Novavax has signed an agreement for Endo International to manufacture its experimental Covid-19 vaccine, which is currently in multiple phase 2 clinical trials.
US DoJ asks judge to approve WeChat ban from app stores
The US Department of Justice asked a federal judge in San Francisco on Friday to allow the government to ban WeChat's app stores in the country.
Facebook Oversight Board to launch for US election
The Facebook Oversight Board said it plans to launch ahead of the US presidential election in November to monitor political content on the platform.
Tesla shares hit the skids after 2020 Battery Day underwhelms
Shares of US stockmarket darling Tesla were on the skids after the outfit underwhelmed investors at its 2020 Battery Day.
Hyundai in talks with EU over delayed Daewoo deal
Hyundai Heavy Industries Holdings are in talks with the European Union antitrust regulators over its bid for Daewoo, reported Reuters on Wednesday.