International Companies
Motorola making excessive profits from UK emergency network - CMA
The competition watchdog announced a proposal on Friday, to restrict how much Motorola can charge for the emergency services to use the Airwave network.
US grocery chain Kroger to buy rival Albertsons in $24.6bn deal
US grocery chain Kroger has agreed to buy rival Albertsons in a $24. 6bn deal.
Morgan Stanley Q3 earnings fall short of expectations
Banking giant Morgan Stanley delivered quarterly earnings that fell short of expectations due to tumbling investment banking revenues.
Citigroup third-quarter profits fall 25%
Citigroup reported a drop in third-quarter profit on Friday as its investment banking business was hit by a lower appetite for M&A.
JPMorgan third-quarter profit declines 17%
JPMorgan Chase posted a 17% decline in third-quarter profit on Friday as it took credit-loss provisions of $1. 5bn.
Wells Fargo Q3 earnings fall as bank puts more aside for credit losses
Banking giant Wells Fargo posted a drop in quarterly earnings on Friday as its efforts to build up reserves cut into profits.
Viasat acquisition of Inmarsat heading to full CMA inquiry
The competition regulator has decided to refer the planned acquisition of Inmarsat by Viasat to a full-scale inquiry, it announced on Friday.
Mizuho among suitors looking at Credit Suisse securitised products unit - report
Mizuho Financial Group has reportedly emerged as a suitor for at least part of Credit Suisse’s securitised products group.
Twitter claims Musk is under investigation - reports
Elon Musk is being investigated by federal authorities in connection to his $44bn takeover of Twitter, it was reported on Friday, after the social media platform made the claim in a court filing.
Danone faces €1bn hit as it quits Russian dairy business
Danone is to quit its Russian dairy and yoghurt business, the French giant confirmed on Friday, at a potential cost of up to €1bn.
Market turmoil dents revenues at BlackRock
BlackRock reported a fall in quarterly revenues on Thursday, after the asset manager was hit by volatility in global markets.
Third-quarter revenues take off at Delta
Delta Air Lines posted record revenues on Thursday, as the recovery in domestic and international air travel continued.
Walgreens Boots Alliance delivers Q4 EPS beat
Drugstore chain Walgreens Boots Alliance swung to a net loss in the fourth quarter despite posting earnings per share that beat forecasts and revenues that came in at the top end of analysts' expectations.
PepsiCo boosts full-year forecasts
Shares in PepsiCo fizzed on Wednesday after the snack giant raised annual revenue and profit forecasts.
Philips warns on profits amid supply challenges
Health technology giant Royal Philips issued a profit warning ahead of its full-year on Wednesday, amid some serious supply challenges.
Credit Suisse to buy back CHF3bn of its own debt
Credit Suisse Group has offered to buy back around CHF3bn (£2. 7bn) of its own debt, the embattled lender confirmed on Friday.
Apollo, Sixth Street no longer in talks to finance Twitter deal - report
Apollo Global Management and Sixth Street Partners, which had been looking to provide financing for Elon Musk's proposed $44bn takeover of Twitter, are reportedly no longer in talks with the Tesla owner.
Credit Suisse looking to sell Savoy Hotel in Zurich
Credit Suisse confirmed on Thursday that it is looking to sell its Savoy Hotel in the centre of Zurich's financial district.
Viasat's planned acquisition of Inmarsat could dent competition, CMA finds
A proposed $7. 3bn tie-up between satellite operators Viasat and Inmarsat could substantially lessen competition, the UK regulator has found.
Elon Musk to buy Twitter in surprise climbdown
Elon Musk is to proceed with his $44bn acquisition of Twitter, his lawyers have confirmed, causing shares in the social media platform to surge.