International Companies
FCA warns Google to stop accepting scam adverts
UK regulator the Financial Conduct Authority has warned tech giant Google that it will take legal action if it continues to accept advertisements for online financial scams.
Samsung strikes deal with Vodafone 5G network
Samsung has entered the European telecoms market after striking a deal with Vodafone to supply 5G network equipment in Britain.
Late-stage trial confirms high efficacy of Novavax Covid-19 jab
Novavax's Covid-19 vaccine is highly effective against Covid-19 and the company is on track to produce as many as 150m doses per month by the end of 2021.
CBI boss says government should 'fill in blanks' in plans to fight climate crisis
Confederation of British Industry boss Tony Danker said that the world is “way off track” in its fight against climate change and the UK government should provide detailed guidance on how it plans to combat it.
Qualcomm offers to invest in Arm if sale to Nvidia blocked by regulators
Qualcomm reportedly offered to invest in UK chip designer Arm if the company’s sale to Nvidia is blocked by regulators.
Blue Origin auctions seats on first human spaceflight for $28m
Blue Origin auctioned off a seat on its first ever human spaceflight for $28m on Monday.
Orsted chief calls for faster leasing for wind farms to meet climate targets
The head of offshore wind farm developer, Orsted, warned on Monday that governments should speed up the leasing of seabeds in order to meet climate targets.
GlaxoSmithKline teams up with iTeos to develop cancer drug
GlaxoSmithKline has teamed up with US clinical stage biopharmaceutical group iTeos Therapeutics to co-develop and co-commercialise EOS-448, a monoclonal antibody currently in development as a potential treatment for patients with cancer.
Nordgold confirms London IPO plan
Nordgold has confirmed its intention to return to the London Stock Exchange after receiving a positive response from potential investors.
Inditex recovery on track as first-quarter sales beat forecasts
Inditex reported first-quarter profits ahead of expectations on Wednesday, as the Spanish retail giant’s recovery from the pandemic continued.
Relativity Space raises $650m in funding, valuation hits $4.2bn
Relativity Space raised $650m through a Series E funding round in a transaction that values the 3D-printed rocket startup at $4. 2bn.
Biogen shares soar as FDA approves Alzheimer's drug
Shares in Biogen closed nearly 40% higher after the biotech’s breakthrough Alzheimer’s drug received regulatory approval in the US.
Vast majority of Covid-19 patients hospitalised were unvaccinated
The overwhelming majority of Britons admitted to hospital after infection with the so-called Delta strain of Covid-19 were unvaccinated.
Goldman cuts Lufthansa to 'sell', upgrades easyJet
Goldman Sachs has overhauled its European airline coverage, upgrading easyJet to ‘buy’ but downgrading British Airways owner International Airlines Group and Lufthansa.
Samsung banks on EU 5G orders to grow network equipment business
Samsung Electronics is banking on Europe to maintain growth momentum in its network equipment business, a senior executive said on Tuesday.
Nvidia asks Chinese regulators for approval of $40bn Arm deal
Nvidia Corp submitted an application to Chinese competition regulators to review its proposed $40bn takeover of UK chip designer Arm, the Financial Times reported on Tuesday,.
Jeff Bezos to fly to space in July
Amazon founder Jeff Bezos announced on Monday that he and his brother will be flying to space next month.
Tesco and Carrefour will not renew their purchasing alliance
French supermarket group Carrefour and UK retailer Tesco announced on Monday that they would not extend their purchasing alliance.
TikTok allows itself to collect biometric data on US users
A change to TikTok’s US privacy policy on Wednesday introduced a new section that allows the app to collect biometric data on US users.
SoftBank invests up to $150m into Mexican platform GBM
SoftBank has invested in Grupo Bursátil Mexicano (GBM) up to $150m, the Mexican company announced on Friday.