International Companies
Novavax Covid vaccine approved for use in the UK
The UK has approved Novavax’s Covid-19 vaccine for use in adults, the medicines regulator confirmed on Thursday.
Merck beats Q4 forecasts amid broad jump in sales
Merck blasted past analysts' estimates for its fourth quarter earnings, helped by sales of its new Covid-19 treatment Molnupiravir.
Meta shares plummet as Facebook growth stalls, guidance disappoints
Facebook owner Meta Platform's shares looked set to crater after the company reported stagnant user numbers on its main property and issued weaker than expected sales guidance for the current quarter.
PayPal tanks as results, outlook disappoint
PayPal shares tanked on Wednesday after the US payment firm’s fourth-quarter results and outlook failed to impress.
Merlin Entertainments to take over Cadbury World UK
Legoland operator Merlin Entertainments, Europe’s largest theme park operator, is to take over Cadbury World UK, it was announced on Wednesday.
Alphabet shares set to hit new highs at the open after bumper Q4 results
Shares of Google parent Alphabet were set to start trading in record territory on Wednesday after the technology giant beat analysts' estimates for its fourth quarter sales and profit.
Santander sees annual profits surge
Banco Santander reported a surge in annual profits on Wednesday, as the global economy recovered from the worst of the pandemic.
Omicron causes passenger numbers to fall at Ryanair
Ryanair saw passenger numbers fall sharply in January, after the rapid spread of Omicron hit demand.
Spanish Covid-19 vaccine shows high efficacy against Omicron variants
The Covid-19 vaccine being developed by Spain's Hipra has shown a "high efficacy" against the new Omicron variants and is now entering third phase clinical trials.
AMC Entertainment's 'milestone' Q4 driven by success of newest Spiderman title
Cinema chain AMC Entertainment posted preliminary fourth-quarter earnings on Tuesday that indicated the firm was on track to return to profitability during the final months of the year.
Another 53,000 Teslas recalled in the US
Tesla recalled another 53,000 of its electric cars overnight on Tuesday, after a new software fault was discovered, which could see the cars run through stop signs.
Carlyle, Blackstone mulling offer for Novartis generics business - report
Private equity firms Carlyle and Blackstone are reportedly in talks about potentially teaming up on a bid for the generics unit of Swiss drug maker Novartis, in what could rank as one of the biggest-ever buyout deals.
AT&T to merge WarnerMedia arm with Discovery in $43bn transaction
AT&T will merge its WarnerMedia unit with Discovery in a $43bn transaction following a spin-off of the business.
UBS targets $5bn buyback as profit rises
UBS almost doubled its share buyback to $5bn and raised its dividend after booming markets drove an increase in annual profit at the Swiss bank.