International Companies
Barclays agrees to pay $361m SEC fine
Barclays has agreed to pay $361m to settle a probe by the Securities and Exchange Commission into a "staggering" trading error, the US regulator confirmed.
China manufacturing sector nudges higher - NBS
China's manufacturing sector expanded in September, official data showed on Friday, putting it at odds with another closely-watched survey which showed a contraction.
Porsche makes €75bn debut on choppy markets
Shares in Porsche AG pushed higher on Thursday after the luxury car marque made its €75bn debut on the Frankfurt market.
H&M third-quarter profits miss expectations
Swedish fashion retailer H&M was under the cosh on Thursday after it announced an SEK2bn cost-savings programme and posted a decline in third-quarter profits as it took a hit from inflation and its exit from Russia.
Lego builds on strong growth despite higher costs
Denmark’s Lego Group said it had seen a strong start to the year on Wednesday, despite surging input inflation holding back profits.
Sats to snap up WFS in €1.2bn deal
Singapore’s Sats has agreed to buy French rival Worldwide Flight Services in a €1. 2bn deal, it was confirmed on Wednesday.
Apple abandons iPhone production boost - report
Apple is reportedly backing off plans to increase production of its new iPhones this year after an anticipated surge in demand failed to materialise.
Provident Financial to buy Lakeland Bancorp in $1.3bn deal
Provident Financial Services said on Tuesday that it has agreed to buy Lakeland Bancorp, the parent company of Lakeland Bank, in a $1. 3bn deal.
Leaks discovered on Nord Stream pipelines
Sweden and Denmark have warned ships to avoid an area of the Baltic Sea after unexplained leaks were discovered in both Nord Stream pipelines, it emerged on Tuesday.
UK profits fall at Aldi as costs mount
Aldi reported a sharp drop in UK profits on Monday, after the German discounter was hit by higher costs, including lowering prices in response to the cost of living crisis.
German economy 'slipping into recession' - Ifo
Germany is on the brink of recession, a leading economic institute warned on Monday, after business sentiment slumped to levels not seen since the start of the pandemic.
Credit Suisse sounding out investors for fresh cash - report
Credit Suisse tumbled on Friday following a report the bank is sounding out investors for fresh cash.
Amazon, Microsoft and Google probed over cloud dominance
Media regulator Ofcom said on Thursday that it will investigate cloud services in the UK, including probing the dominance of Amazon, Microsoft and Google.
Credit Suisse mulls shake up of investment bank - report
Credit Suisse is mulling breaking up its investment bank, it was reported on Thursday, as the banking giant looks to draw a line under a turbulent two years.
Link facing £50m fine in Woodford probe
Link Fund Solutions is facing a £50m fine for its role in the collapse of the Woodford Equity Income Fund, the UK's financial watchdog confirmed on Wednesday.
Germany to nationalise gas importer Uniper
Germany is to nationalise struggling gas importer Uniper as it looks to shore up supply over the winter, it was announced on Wednesday.
France's Schneider Electric to buy Aveva in £9.5bn deal
France’s Schneider Electric said on Wednesday that it has agreed to buy London-listed software firm Aveva in a £9. 5bn deal.
Strong demand for Porsche IPO - report
Investor demand for Volkswagen’s partial flotation of Porsche has surged after the price range was announced over the weekend.
German producer prices surge at record pace
German producer prices surged last month, official data showed on Tuesday, pushed higher by the soaring cost of energy.
Ukraine appeal court finds against Ferrexpo
Ukraine’s appeal court has found against Ferrexpo in a long-running dispute over a 2002 deal, sending shares in the Swiss miner lower.