International Companies
Co-op Bank makes unsolicited bid for TSB
Co-op Bank surprised investors at the weekend with an unsolicited offer for TSB.
Saudi Aramco said to consider fuel unit IPO
Saudi Aramco is reportedly considering selling a stake in its retail fuels and lubricants business, and could list shares on the Riyadh stock exchange.
Home Depot's supply chain boss set to depart
The man credited with reengineering Home Depot's supply chains is leaving after roughly 15 years in the job.
Beyond Meat cuts Q3 revenue guidance, shares tumble
Beyond Meat cut its revenue guidance for the third quarter on Friday as it cited a decline in retail demand, the impact of the Delta variant and operational challenges, sending shares in the plant-based meat producer tumbling.
American Express Q3 earnings beat expectations
Financial services company American Express reported third-quarter earnings that beat expectations on Friday thanks to an acceleration in spending throughout the period.
Honeywell downgrades FY guidance amid supply issues
Honeywell reported third-quarter earnings at the high end of its guidance range on Friday but downgraded its full-year guidance due to supply chain issues.
Johnson & Johnson seeks approval for Covid-19 jab booster
Johnson & Johnson is seeking regulatory approval in the US for a booster shot for its Covid-19 jab.
AT&T beats forecasts as it lures phone subscribers
AT&T beat expectations for third-quarter earnings as the US communications conglomerate added phone customers and broadband accounts.
Hermes sales rise in Q3 amid upturn in Europe
Luxury French brand Hermes reported a jump in third-quarter sales on Thursday thanks in part to a recovery in sales in Europe.
StanChart among possible bidders for Citi's consumer banking assets in Taiwan
StanChart is among the lenders planning to table bids for Citigroup's Taiwanese consumer banking assets.
Novavax shares plummet on report of further delays in Covid-19 vaccine
Novavax's manufacturing problems may be more serious than previously thought and could hamper global efforts to fight Covid-19.
Biogen ups forecasts despite weak Alzheimer's drug sales
Biogen raised its full-year earnings guidance on Wednesday, despite weak sales of breakthrough Alzheimer’s drug Aduhelm.
Bundesbank chief Jens Weidmann to step down
Germany’s Central Bank said on Wednesday that President Jens Weidmann will step down at the end of December.
Record oil prices help Halliburton book quarterly profit
Halliburton said on Tuesday that it swung back to a quarterly profit as surging energy prices helped bolster demand for oilfield services.
Johnson & Johnson ups earnings guidance
Johnson & Johnson upgraded its full-year guidance after reporting a 3% increase in third-quarter earnings driven by pharmaceutical sales.
Volvo sets IPO price range
Car maker Volvo said on Monday that it’s looking to raise around 25bn Swedish krona ($2. 9bn) by listing on the Nasdaq Stockholm stock exchange, as it looks to accelerate its shift towards full electrification.
Valneva vaccine 'outperforms' AstraZeneca shot in trial
A Covid-19 vaccine being developed by Valneva performed better than AstraZeneca’s jab in trials, the French biotech announced on Monday, sending its shares soaring.
Goldman Sachs beats analysts' Q3 estimates by a mile
Goldman Sachs beat Wall Street analysts' estimates for its third quarter by a mile with stronger-than-expected performances in nearly all of its main segments of activity.
Amazon appeals European data misuse mega-fine
Amazon appealed a record fine handed down to the online commerce giant by the European privacy watchdog on Friday, after it was found to have broken data protection rules.
PBoC says risks to financial system from China Evergrande Group are 'controllable'
People's Bank of China looked to assuage concerns in financial markets around stricken real estate giant China Evergrande Group.