International Companies
Netflix to spend $500m on South Korean content in 2021
Netflix announced on Thursday that it would spend $500m developing South Korean content this year.
Chevron offers $12.47 a share for Noble Midstream
Chevron said on Friday that it has offered to buy Noble Midstream Partners for $12. 47 a share.
Eli Lilly gets EUA for new antibody 'cocktail', which may cut deaths by 70%
Eli Lilly has clinched Emergency Use Approval in the US for an antibody treatment 'cocktail' that may reduce the risk of hospitalisation and death in high-risk patients by as much as 70%.
Norwegian Air cancels remaining 88 jets in Airbus order
Norwegian Air cancelled all the 88 narrow-body jets that remained on order from Airbus, a spokesman for the company said on Friday.
Coinbase files for direct listing on Nasdaq
San Francisco-based digital currency exchange Coinbase has filed to list directly on the Nasdaq.
Merck to buy Pandion Therapeutics for $1.85bn
Merck has agreed to buy clinical-stage biotechnology company Pandion Therapeutics for $1. 85bn.
Tesla temporarily halts production of Model 3 in California plant
Tesla told workers it would temporarily halt production of its Model 3 in its plant in California, Bloomberg reported on Thursday.
Daimler Trucks claims zero-emission vehicles will lead to mass layoffs
A shift to zero-emission vehicles will lead to thousands of job losses at Daimler Trucks plants by 2033, said chairman Martin Daum on Thursday.
ExxonMobil to sell UK assets to HitecVision in $1bn deal
ExxonMobil announced on Wednesday it would sell its non-operating interest in its UK and North Sea exploration and production assets to private-equity fund HitecVision in a deal worth over $1bn.
Biden to sign executive order to address global semiconductor chip shortage
President Joe Biden is set to sign an executive order on Wednesday to address a global semiconductor chip shortage that has automakers around the world, including those in the US, forced to cut production.
MicroStrategy buys over $1bn worth of bitcoin
MicroStrategy announced on Wednesday the purchase of just over $1bn worth of additional bitcoin.
Joby to go public in $6.6bn merger with blank-check firm
Joby Aviation, the 12-year-old electric air taxi startup will go public in a $6. 6bn reverse merger with blank check company Reinvent Technology Partners.
Johnson and Johnson vaccine appears to be 'safe and effective'
Johnson & Johnson's Covid-19 vaccine got a boost on Wednesday in the form a positive evaluation from America's Food and Drug Administration.
Icon to buy PRA Health Sciences in $12bn deal
US outsourced drug and device developer Icon has agreed to buy PRA Health Sciences in a $12bn cash and stock deal.
BBVA considers cutting 3,000 jobs from Spanish workforce
Spain's BBVA is considering cutting around 3,000 jobs in the country, reported Expansión on Wednesday.
SpaceX raises $850m in fresh funding round
SpaceX’s new $850m in fresh funding was confirmed in a Securities and Exchange Commission report filed on Wednesday.
Spotify to launch in 85 more countries
Audio streaming company Spotify announced it was planning to expand into 85 more countries.
Estee Lauder to raise stake in Ordinary in $1bn deal
Cosmetics maker Estee Lauder said on Tuesday it would raise its stake in DECIEM Beauty Group, parent of Ordinary skincare brand, to about 76% from 29% in a deal worth $1bn.
Wells Fargo to sell asset management business for $2.1bn
Wells Fargo said on Tuesday that it has agreed to sell its asset management business to private equity firms GTCR and Reverence Capital Partners for $2. 1bn.
AstraZeneca and Pfizer vaccines cut hospitalisations significantly
The UK's vaccination programme is having "spectacular" success in reducing the number of serious illnesses, the results of a study showed.