International Companies
Palantir elbows out BAE Systems and Raytheon for U.S. Army contract
Palantir elbowed out Raytheon and BAE Systems to clinch a contract with the U. S. Army to refresh part of the core of its intelligence network.
Nvidia offers concessions in bid for EU antitrust approval of Arm deal
Chipmaker Nvidia has offered concessions as part of an effort to lock in EU antitrust approval for its $54. 0bn acquisition of UK firm Arm.
Russia to boost gas supplies to Europe - report
Russia is to set to boost gas supplies to Europe amid soaring wholesale prices, it was reported on Wednesday.
Boston Scientific to buy Baylis Medical for $1.75bn
Boston Scientific has agreed to buy Baylis Medical for $1. 75bn as it looks to expand its electrophysiology and structural heart product portfolios.
Amazon opens new physical store to rival Currys, John Lewis
Online retail behemoth Amazon has tightened the screws on its bricks-and-mortar retail rivals, opening a new physical store just outside London.
Voyager Therapeutics signs landmark RNA deal with Pfizer
Massachusetts-based gene therapy company Voyager Therapeutics announced an agreement through which Pfizer could licence novel capsids generated from Voyager’s RNA-driven ‘TRACER’, or ‘Tropism Redirection of AAV by Cell-type-specific Expression of RNA’ screening technology on Wednesday.
PepsiCo ups full-year forecasts
PepsiCo upped its full-year revenue guidance on Tuesday after posting forecast-beating third-quarter sales.
Evergrande halts trading ahead of 'major' deal
Shares in Evergrande have been suspended ahead of a "major transaction", the embattled Chinese property developer confirmed on Monday.
Qualcomm, SSW to buy Veoneer in $4.5bn deal
Qualcomm said on Monday that it and New York-based investment partnership SSW Partners have agreed to buy automotive technology group Veoneer in a $4. 5bn cash deal.
Volvo Cars to raise 25bn Swedish krona in Stockholm IPO
Swedish car maker Volvo Cars, which is owned by China’s Zhejiang Geely Holding Group, is planning to list on the Nasdaq Stockholm stock exchange as it looks to accelerate its shift towards full electrification.
Merck and Ridgeback report good results in trial for Covid-19 oral treatment
The oral treatment developed by America´s Merck and Ridgeback Biotherapeutics halves the risk of hospitalisation or death among those infected with Covid-19.
Applied Materials CFO Dan Durn leaves to join Adobe
Applied Materials announced on Friday that senior vice president and chief financial officer Dan Durn is leaving the company on 15 October to become CFO at Adobe.