International Companies
Major airlines cancelling flights to US ahead of 5G rollout
Several of the world's largest airlines grounded many of their flights to and from the US ahead of the expected launch of 5G telecommunications services in America on 19 January.
Entain's BetMGM venture to blast past $1bn net revenue in 2022
Entain updated the market on performance at its BetMGM joint venture with MGM Resorts International on Wednesday, with the operation expecting full-year net revenue to top $1. 3bn in 2022.
Morgan Stanley quarterly profits beat expectations
Investment bank Morgan Stanley posted quarterly profits that beat expectations on Wednesday amid a surge in mergers and acquisitions and an increased level of fees from advising on deals.
Bank of America's bottom line gets a boost from net interest income during the fourth quarter
Bank of America beat earnings estimates from analysts on the Street thanks to a big jump in net interest income and a resumption in loan growth.
Microsoft to buy Activision Blizzard in $68.7bn deal
Microsoft has agreed to buy video game company Activision Blizzard in a $68. 7bn deal.
Bank of NY Mellon beat expectations with quarterly earnings
Investment bank Bank of New York Mellon beat quarterly earnings estimates on Tuesday after assets under management increased during the period thanks to higher market values and net inflows.
Goldman Sachs fourth-quarter earnings miss estimates
Goldman Sachs shares fell on Tuesday after the bank reported lower-than-expected fourth-quarter earnings.
Amazon UK halts plan to stop accepting Visa
Amazon has halted plans to stop accepting Visa credit cards, the online giant confirmed on Monday, as the two sides edged close to agreement.
Centrica pension cash used to buy stake in Israel's NSO - report
Centrica’s pension cash has been used to buy a stake in controversial Israeli firm NSO Group through a private equity fund, it was alleged on Monday.
Credit Suisse's Horta-Osorio resigns after breaking Covid rules
Banking giant Credit Suisse revealed on Monday that chairman Antonio Horta-Osorio had resigned from the post, with immediate effect.
Citi beats estimates for fourth quarter earnings and revenues, but shares slip
Citigroup posted better-than-expected fourth quarter earnings and revenues despite meagre top-line growth as its fixed income operations underperformed.
Wells Fargo Q4 earnings easily top expectations
Financial services giant Wells Fargo reported fourth-quarter earnings on Friday that easily topped expectations on the Street.
BlackRock Q4 profits rise as AUM hit new highs
Money manager BlackRock posted a jump in fourth-quarter profit on Friday as assets under management hit fresh highs.
JPMorgan Chase posts record FY profits despite slip in Q4
US banking giant JPMorgan Chase posted record full-year profits on Friday despite revealing fourth-quarter earnings had come in lower year-on-year as a weaker performance in its trading unit somewhat offset a boom in its investment banking division.
Tesla now accepting dogecoin as payment for whistle, ride-on toy
Tesla made good on its promise to start accepting dogecoin on Friday, with its chief executive officer Elon Musk saying it was now accepting the meme cryptocurrency as payment for some of its merchandise.
BT close to agreeing $800m sale of BT Sport - report
BT Group is reportedly close to agreeing the sale of its sports broadcasting arm to streaming firm Dazn in a deal worth an estimated $800m.
US judge gives FTC green light to pursue Meta lawsuit
A US judge has refused attempts by Meta Platforms to have an antitrust lawsuit against it dismissed.
Pfizer's pneumoccocal vaccine can be co-administered alongside Covid-19 shot, study shows
Pfizer's vaccine against the pneumococcal virus, Prevnar, can be administered safely and without any loss of effectiveness together with its vaccine for Covid-19.
Amazon and Visa 'fail to reach agreement' - report
Plans by Amazon to stop accepting UK-issued Visa credit cards remained on track on Wednesday, after it was reported that the two sides had yet to reach agreement.
Getir eyeing fundraise at $12bn valuation
Rapid grocery delivery service Getir is looking to raise fresh capital at a valuation of $12bn, it was reported on Tuesday.