International Companies
UK sanctions Russian media organisations
The UK has sanctioned a number of media organisations and individuals, including the owner of RT, as it moves to tackle Russian propaganda, it was announced on Thursday.
Hutchmed China confident after being added to SEC list
Hutchmed China updated the market on its status under the United States ‘Holding Foreign Companies Accountable Act’ on Thursday.
Gazprom mulling ways to stop supplying 'unfriendly' countries - report
Gazprom is looking at ways to halt gas supplies to so-called "unfriendly" countries, it was reported on Thursday.
Profits miss forecasts at H&M
Shares in Hennes & Mauritz fell on Thursday after first-quarter numbers widely missed analyst expectations and the war in Ukraine weighed heavily.
Ikea to shutter North London superstore, 450 jobs at risk
Furniture retailer Ikea will shutter its Tottenham superstore, placing 450 jobs at risk.
Brookfield consortium to buy Nielsen in $16bn deal
TV ratings company Nielsen Holdings said on Tuesday that it has agreed to be bought by a consortium led by Evergreen and Brookfield Business Partners in a $16bn cash deal.
Unitedhealth to snap up LHC in $5.4bn deal
UnitedHealth Group is to acquire LHC Group in a deal worth around $5. 4bn, the US health insurer confirmed on Tuesday.
Elon Musk giving "serious thought" to building social media platform
Elon Musk is giving "serious thought" to developing a new social media platform, the Telsa billionaire has confirmed.
HP to buy Poly in $3.3bn deal
HP Inc has agreed to buy conferencing hardware and headset company Poly in a $3. 3bn cash deal.
Heineken pulls out of Russia
Brewer Heineken has pulled out of Russia after having previously vowed to halt new investments and exports in the country.
China's Sinopec suspends talks on Russia projects - report
China's state-run Sinopec Group has reportedly suspended talks for a major petrochemical investment and a gas marketing venture in Russia.
Uber inks deal to list NYC taxis in its app
Uber struck an agreement to list all taxis in New York City on its app, it was revealed on Thursday, as the private transport giant grappled with a shortage of drivers.
Moderna boosts Covid-19 vaccine sales forecast
Moderna has boosted its 2022 sales forecast for its Covid-19 vaccine to $21bn, the US biotech confirmed on Thursday.
Philip Morris working on 'orderly' exit of Russian market
US tobacco giant Philip Morris said on Thursday that it was planning to exit the Russian market "in an orderly manner" following the country’s invasion of Ukraine.
UK widens sanctions against Russia
The UK has imposed fresh sanctions on a number of Russian businesses and individuals, including a private paramilitary organisation and the stepdaughter of Sergey Lavrov, Russia’s foreign minister.
Russian stock market rises in partial reopening
Russian shares rose as the country's stock market reopened under heavy restrictions after more than three weeks of closure caused by President Putin's invasion of Ukraine.
BP and Marubeni partner for offshore wind project in Japan
BP partnered with Japan's Marubeni to explore an offshore wind development opportunity, potentially putting the energy outfit further on track to meet its target in the renewables space.
Gazprom UK being primed for 'special administration'
The government is making plans to take over the running of Gazprom’s UK retail division, it was reported on Tuesday, as the Russian state-backed energy giant faces increasing pressure over the invasion of Ukraine.
Berkshire Hathaway to buy Alleghany in $11.6bn deal
Warren Buffett’s Berkshire Hathaway has agreed to buy insurance company Alleghany Corp for $11. 6bn in cash.
China Eastern flight crashes en route to Guangzhou
A China Eastern Airlines passenger plane with 132 people on board has crashed near the city of Wuzhou, according to state media.