International Companies
China Yangtze, world's largest hydroelectric firm, to list in London
The world's largest hydropower company has kicked-off a bookbuilding exercise for the sale of Global Depositary Receipts representing 5% of its capital prior to the offering.
UK ministers warn of 7,000-truck-long queues in Kent after Brexit transition period
UK ministers warned on Wednesday that a worst case scenario post-Brexit transition period would see queues of as many as 7,000 trucks in Kent.
Johnson & Johnson launches phase three clinical trial for Covid-19 vaccine candidate
US consumer health and drugs giant Johnson & Johnson has launched the last phase of clinical trials for its Covid-19 vaccine.
JP Morgan to shift €200bn from UK to Germany - report
JP Morgan will become one of Germany's biggest banks when it moves about €200bn (£184bn) of assets from the UK to Frankfurt because of Brexit, Bloomberg reported.
Airbus CEO will try to reduce costs without cutting jobs
Airbus will attempt to cut costs without recourse to compulsory redundancies, but it cannot guarantee they won’t happen, CEO Guillaume Faury told French radio station RTL on Tuesday.
EU top court backs cities' crackdown on short-term home rentals
Europe’s top court on Tuesday backed European cities' crackdown on short-term home rentals in a move to solve the housing crunch.
Trump fires latest salvo in proposed TikTok deal with Oracle and Walmart
US president Donald Trump has warned that the White House could block TikTok’s proposed tie-up with Oracle and Walmart if ByteDance seeks to retain overall control.
Microsoft to buy Bethesda parent ZeniMax Media for $7.5bn
Microsoft said on Monday that it has agreed to buy ZeniMax Media, the parent of game developers Bethesda Softworks, for $7. 5bn in cash.
HSBC hits 25-year low as allegations add to pressures
HSBC shares fell to a 25-year low as Britain's banks were affected by allegations of moving illicit money as well as renewed pressure from the resurgence of Covid-19.
UK plans to bring forward ban on fossil fuel vehicles to 2030
The UK government is expected to bring forward the ban on fossil fuel vehicles from 2040 to 2030 after MPs urged the Prime Minister to do so and thus aid the rollout of electric cars.
Unilever's Dutch shareholders back proposed unification
Unilever’s Dutch shareholders have voted to end the company’s historic dual-structure in favour of a single entity based in London.
Illumina to take back control of Grail in $8bn deal
US healthcare firm Illumina is to take full control of blood test specialist Grail in a $8bn cash and stock deal, it was announced on Monday.
Nikola shares plummet after founder and chairman steps down
Nikola shares plummeted further after the company's executive chairman and founder announced that he would be stepping down.
AstraZeneca 'under fire' for vaccine safety, NYT says
AstraZeneca disclosed details of its Covid-19 vaccine trials at the weekend to address criticism around pharmaceutical companies' transparency and avoid the risk of engendering skepticism in the public about the safety of any potential vaccines.
EU agrees to purchase Sanofi/GSK Covid-19 vaccine
The European Union agreed an advance purchase agreement with Sanofi and GlaxoSmithKline for the companies' potential Covid-19 vaccine.
Salesforce set to add 12,000 jobs by 2021
Salesforce. com is set to create 12,000 jobs over the next year, including 4,000 positions in the coming six months, Chief Executive Officer, Marc Benioff, said in a tweet on Friday.
White House bans WeChat in US past 19 September, Tik Tok spared for now
The US government has ordered a ban on the continued distribution of Chinese-made mobile apps WeChat and TikTok to stymie the potential use of data gathered on American citizens' personal data to undermine the country's national security.
Roche rises after launch of Covid-19 antibody test
Roche shares rose to a three-month high after the Swiss drugmaker launched a Covid-19 antibody test and said its drugs reduced the need for coronavirus patients to use ventilators.
Covestro says it is not in takeover talks with Apollo
Covestro, a German plastics maker, has said it is not in talks to be bought by US private equity firm Apollo Global Management.
NatWest mulls wind-down of Ulster Bank in Republic - report
NatWest is considering winding down Ulster Bank's operations in the Republic of Ireland after the Covid-19 crisis made the task of reviving the business harder, according to a report.