International Companies
Crypto exchange Coinbase to slash 950 jobs
Coinbase said on Tuesday that it was cutting 950 jobs as the industry struggles in the aftermath of the FTX collapse.
Virgin Orbit shares plunge after space mission fails
Shares in Virgin Orbit plunged by more than 20% on Tuesday after the UK’s first space launch ended in failure.
Amazon to close three UK warehouses
Amazon is to close three UK warehouses, putting up to 1,200 jobs at risk.
Microsoft eyes $10bn investment in ChatGPT creator - reports
Microsoft is reportedly in discussions to invest as much as $10bn in OpenAI, the creator of viral artificial intelligence bot ChatGPT.
Apple to launch VR headset in spring - report
Apple is reportedly planning to unveil its new virtual reality headset this spring.
Rolls-Royce delivers record car sales in 2022
Iconic car manufacturer Rolls-Royce recorded its highest-ever full-year sales in 2022, delivering a total of 6,021 vehicles.
Moderna Covid vaccine sales top $18bn
US biotech Moderna said on Monday that it sold more than $18bn of Covid-19 vaccines last year.
Credit Suisse nears deal to buy Michael Klein advisory boutique - report
Credit Suisse is reportedly close to an agreement to buy Michael Klein’s advisory boutique after several rounds of tense negotiations.
Beijing in talks for license rights on Pfizer's Paxlovid
The People's Republic of China is negotiating license rights for Pfizer's antiviral drug Paxlovid.
Silvergate to cut 40% of workforce as digital asset deposits tumble
Cryptocurrency bank Silvergate Capital announced job cuts on Thursday as it said customers withdrew just over $8bn of digital asset deposits in the fourth quarter in the aftermath of FTX’s collapse.
Bed Bath & Beyond considers bankruptcy, shares tumble
Shares in Bed Bath & Beyond tanked on Thursday after the retailer said it was considering bankruptcy.
Walgreens Boots beats first quarter expectations on sales, earnings
Transatlantic pharmacy giant Walgreens Boots Alliance reported a first quarter loss of $4. 31 on Thursday, swinging from earnings of $4. 13 per share year-on-year.