International Companies
Amazon to host UK spy agencies' data - report
The UK's spy agencies have signed a deal with Amazon for the tech giant to host classified material to boost the use of data analytics and artificial intelligence in espionage, according to a report.
Boeing makes progress on staunching free cash outflows in Q3
Boeing fell short of analysts' estimates fors both its top and bottom lines by a wide margin in the third quarter.
Putin tells Gazprom to begin refilling its European natural gas storage sites
Russia's energy minister ordered the country's state-owned gas giant to increase shipments to its storage facilities in Europe.
'High chance' BoE will hike rates next week, says Capital Economics
There’s a "high chance" the Bank of England will raise interest rates at next week’s meeting, Capital Economics said on Thursday, adding that it will be "fast out of the blocks but won’t go the distance".
FirstCash to buy American First Finance in $1.17bn deal
US pawn store operator FirstCash has agreed to buy American First Finance in a $1. 17bn deal.
Volkswagen cuts deliveries forecast amid chip shortage
German car maker Volkswagen cut its forecast for deliveries on Thursday due to issues with the supply of semiconductors, as it reported a drop in third-quarter operating profit.
BP and Daimler partner to roll-out hydrogen network for UK freight transport
BP and Daimler will work together to accelerate the introduction of a hydrogen network with the aim of decarbonising UK freight transport.
General Motors Q3 earnings beat estimates
Carmaker General Motors beat Wall Street estimates with its third-quarter earnings and revenues on Wednesday and said its full-year results were now on track to be at the "high end" of previous guidance.
Coca-Cola Q3 earnings and sales top estimates
Consumer products giant Coca-Cola posted third-quarter earnings and sales on Wednesday that topped estimates, leading the firm to hike its full-year outlook yet again.
Santander UK posts surge in nine-month profits, cautious on outlook
Santander UK saw profits before tax leap over the first nine months of the year, alongside an improvement in the lender's net interest margins and a big drop in costs.
On The Beach reports 'suppressed trading' in the second half
On The Beach said on Wednesday that it had experienced "suppressed trading" in the second half of the year due to Covid disruptions.
Temenos surges as EQT said to consider bid
Temenos shares surged on Wednesday following a report that Swedish buyout firm EQT is considering a potential acquisition of the Swiss banking software specialist.
Deutsche Bank post fifth straight quarterly profit
German lender Deutsche Bank said on Wednesday that it had managed to post a fifth straight quarterly profit despite declining revenues in its investment banking unit.
Eli Lilly misses Q3 estimates, but sales top expectations
Eli Lilly missed analysts' forecasts for its third quarter earnings despite better-than-expected top-line growth.
UPS beats expectations with Q3 earnings
Courier United Parcel Service beat analysts' expectations for the third quarter of its trading year thanks to it charging customers higher rates throughout the period.
3M narrows FY earnings guidance on supply chain issues
Post-It maker 3M posted a jump in third-quarter sales on Tuesday but downgraded its earnings guidance for the year to reflect global supply chain disruptions.
GE beats market forecasts on Q3 earnings, revenue misses
General Electric beat Wall Street expectations on third quarter earnings on Tuesday, as its jet engine operations continued to bounce back from their Covid-19 valleys.
Hertz orders 100,000 Tesla Model 3s
Hertz announced its intention to outfit the largest electric vehicle rental fleet in North America with Tesla made sedans on the back of "skyrocketing" interest for electric vehicles.
PayPal not pursuing acquisition of Pinterest
PayPal is not pursuing an acquisition of Pinterest "at this time", the company said on Sunday.
Evergrande to switch focus to electric vehicles unit
Embattled Chinese real estate firm Evergrande indicated on Monday that it will focus on its growing electric vehicles unit moving forward rather than its troubled core property business.