International Companies
Thoma Bravo to buy Anaplan in $10.7bn deal
US enterprise software company Anaplan has agreed to be bought by software investment firm Thoma Bravo in a $10. 7bn cash deal.
P&O sacks hundreds of staff, cancels all ferries for 'next few days'
Hundreds of crewmembers at one of Britain’s largest ferry operators have been sacked, as P&O Ferries cancelled sailings for “several days” and warned on its viability.
CMA clears Sony’s $430m acquisition of AWAL
The Competition and Markets Authority has cleared Sony Music’s $430m acquisition of independent record label AWAL.
Chicago Cubs owner to bid for Chelsea FC
The owner of the Chicago Cubs and Ken Griffin, the billionaire founder of Citadel, have joined forces to make a bid for Chelsea Football Club, it was reported on Wednesday.
British Airways flights grounded in South Africa
British Airways flights have been grounded "indefinitely" in South Africa by the country’s aviation regulator.
Sales surge at Zara owner Inditex
Inditex reported a surge in annual sales on Wednesday as the world’s biggest fashion retailer continued to recover from the pandemic and boost its digital offering.
Avast tumbles as NortonLifeLock merger faces competition probe
Shares in Avast fell sharply on Wednesday after the UK competition watchdog said the firm's proposed $8. 6bn takeover by NortonLifeLock was facing a full investigation.
West tightens sanctions against Russia
The US, UK and European Union have tightened sanctions on Russia, including a ban on the export of luxury goods and increased import tariffs.
China's economic growth beats forecasts
China’s economy got off to a surprisingly buoyant start in 2022, official data showed on Tuesday, easily beating all expectations.
Vega Consulting to buy Volt Information for $6 a share
Workforce solutions provider Volt Information Sciences has agreed to be bought by Vega Consulting, an affiliate of ACS Solutions, for $6 a share in cash.
European regulator to probe Google-Facebook advertising deal
European regulators launched an investigation into Google and Facebook on Friday, to find whether their advertising services violate EU competition rules.
Didi suspending plans for Hong Kong listing - report
Chinese ride-hailing company Didi has reportedly suspended preparations for its planned Hong Kong listing after failing to appease Chinese regulators’ demands that it overhaul its systems for handling sensitive user data.
Goldman Sachs to wind-down and exit Russia operations
Goldman Sachs became the first major Wall Street bank to pull out of Russia on Thursday, in response to the country’s violent and unprovoked invasion of Ukraine.
Tui terminates brand deal with Russian partner
Tui Group has terminated an agreement allowing its brand to be used by its largest shareholder in Russia, the travel giant said on Thursday.
Shares rally as Amazon announces stock split
Shares in Amazon jumped in pre-market trading on Thursday after the online giant announced a major stock split.
Credit Suisse reveals £696m net Russia exposure
Credit Suisse said it had a CHF848m (£696m) net exposure to Russia and that it was monitoring the impact on its 125 employees in the country after President Putin's invasion of Ukraine.
Fitch downgrades Russia on growing default fears
Fitch Ratings has downgraded Russia after it warned that the country was close to defaulting on its debts.
Visa and Mastercard to hike fees - report
Visa and Mastercard are poised to put up the fees US retailers pay when accepting credit cards, it was reported on Tuesday.
Google to buy Mandiant in $5.4bn deal
Google has agreed to buy cybersecurity firm Mandiant in a $5. 4bn all-cash deal.
China mulls investments in Russian companies - report
China is considering buying or increasing stakes in Gazprom, Rusal and other Russian energy and commodities companies, according to a report.