International Companies
Heineken FY operating profits rise as beer sales grow
Drinks maker Heineken posted better than expected full-year profits on Wednesday as beer drinkers turned to the amber nectar at pre-Covid levels.
Lufthansa cancels flights amid IT issues
German carrier Lufthansa Group has left thousands of passengers battling with delays and flight cancellations on Wednesday following a breakdown in its IT system.
Ford to cut 3,800 jobs across Europe
Ford said on Tuesday that it will cut 3,800 jobs across Europe over the next three years, with more than 1,000 jobs to be axed in the UK as it looks to focus on electric vehicles.
Liberty Global takes 4.9% stake in Vodafone, rules out offer
Liberty Global purchased a stake in rival Vodafone in what market observers described as an opportunistic bid - but ruled out a possible offer .
Shares slide as Adidas warns on profits
Shares in Adidas fell sharply on Friday after the sportswear giant issued its fourth profits warning in less than a year.
Credit Suisse slumps heavily into the red
Credit Suisse Group posted its largest annual loss since the 2008 financial crisis on Thursday, and warned of further "substantial" losses to come.
Disney to axe 7,000 jobs worldwide
The Walt Disney Company is to axe 7,000 jobs worldwide, as part of a group-wide overhaul intended to cut costs and turn around the US entertainment giant’s streaming business.
CVS Health to buy Oak Street Health in $10.6bn deal
US pharmacy chain CVS Health said on Wednesday that it has agreed to buy Oak Street Health in a $10. 6bn all-cash deal.
Fourth-quarter income falls at SocGen
Societe Generale reported a slide in fourth-quarter income on Wednesday, after the French lender boosted provisions for bad loans.
Bitcoin miners Hut8, US Bitcoin agree all-share merger
Canadian bitcoin miner Hut 8 Mining and US Bitcoin have agreed to merge in an all-share deal.
DuPont posts better-than-expected Q4 profits
Dupont posted better-than-expected fourth quarter profits and moderate growth in organic revenues.
Family unveils plans to take Rothschild & Co private
The Rothschild family is planning on taking its Paris-listed investment bank Rothschild & Co private, it emerged on Monday.
Danaher said to be interested in Catalent, shares surge
US life sciences company Danaher Corp. has reportedly expressed takeover interest in contract manufacturer Catalent.
BMW in talks with UK government over £75m grant - report
Germany’s BMW is reportedly in talks with the British government about a £75m grant, which would secure production of electric Minis in the UK.
Dell to axe 6,650 jobs - report
Dell Technologies is planning to axe around 5% of its global workforce, it was reported on Monday, making it the latest big tech firm to cut jobs.
Apple earnings miss expectations
Earnings at Apple fell by more than expected during the first quarter, sending shares in the US tech giant lower.
Deutsche Bank FY revenues fall, PBT highest since 2007
Investment bank Deutsche Bank posted fourth-quarter pre-tax profits and revenues that fell short of estimates on Thursday due to a steep decline in advisory income.
Merck & Co. posts stronger-than-expected Q4 numbers, guidance falls short
Merck & Co. posted better-than-expected quarterly results despite stiff foreign exchange headwinds, but its guidance for profits fell short of Wall Street estimates.
Boston Scientific posts mixed Q4 numbers amid currency headwinds
Boston Scientific delivered a set of slightly mixed fourth quarter results despite big exchange rate headwinds.
First Abu Dhabi mulls fresh approach for StanChart - report
Shares in Standard Chartered ticked higher in early trading on Monday, after it was reported that First Abu Dhabi Bank was still considering a potential offer for the UK blue chip.