International Companies
CMA to review Qualcomm's proposed takeover of Autotalks
The UK competition watchdog has invited comments on Qualcomm’s proposed acquisition of Israel’s Autotalks, it was confirmed on Friday.
GameStop appoints billionaire Ryan Cohen as CEO, president
GameStop announced on Thursday that it has appointed billionaire Ryan Cohen as president and chief executive officer with immediate effect.
CMA flags concerns over Whirlpool-Arcelik deal
The UK competition watchdog has warned that the planned merger of white goods manufacturers Whirlpool and Arcelik could reduce choice.
Evergrande shares suspended again in Hong Kong
Shares in heavily-indebted property developer Evergrande have been suspended in Hong Kong.
Evergrande chair placed under police surveillance - report
The billionaire chair of the embattled China Evergrande Group has been placed under police surveillance, it was reported on Wednesday.
Samsung to invest $2bn in second battery factory with Stellantis
Samsung SDI is to invest $2bn building a second battery plant in the US with global car group Stellantis, it was confirmed on Wednesday.
September heatwave hits sales at H&M
Sweden's H&M Group reported a jump in profits on Wednesday, in line with expectations, but warned that unseasonably hot weather had dented current trading.
UK government green lights Rosebank oil field
The government has approved the development of Rosebank, the UK’s largest untapped oil field, sending shares in its operators higher.
Dutch lenders fall after lawmakers back profits levy
Shares in Dutch banks fell on Friday after legislators voted in favour of higher taxes for lenders.
UK watchdog set to clear Microsoft-Activision deal
Microsoft’s proposed acquisition of Activision Blizzard looked set to clear regulatory hurdles on Friday, after the US tech giant changed the structure of the deal.
Toshiba to go private after 74 years
Japan’s Toshiba is set to leave the stock market after more than 70 years, it was confirmed on Thursday, after a consortium acquired a majority of its shares.
Brookfield exploring partial sale of Center Parcs to investors
Brookfield Property Partners, the owner of the holiday resort operator Center Parcs UK & Ireland, is in preliminary talks with some of its fund investors regarding the sale of a stake in the chain, it emerged on Friday.
H&M disappoints with 'flattish' third-quarter sales
Shares in H&M Group came under pressure on Friday, after the Swedish retailer posted lacklustre quarterly sales.
Lidl swings to annual loss on higher costs
Lidl GB has swung to a £76m annual loss, the German discounter confirmed on Thursday, as its rapid expansion and investment in pricing pushed up costs.
EU to probe Chinese electric vehicles
The European Commission is to launch an anti-subsidy probe into electric vehicles imported from China, it was announced on Wednesday.
Profits jump at Zara owner Inditex
Spanish retail giant Inditex reported better-than-expected interim profits on Wednesday, on the back of strong global demand.
Poundland set to buy 71 Wilko locations
Another 71 Wilko stores were set to change nameplates, it emerged on Tuesday afternoon, as Poundland stepped in to acquire the locations.
Qualcomm surges on Apple supply deal
Qualcomm shares surged on Monday after it said it will supply Apple with 5G modems for smartphones from 2024 until 2026.
SoftBank’s Arm considers raising IPO price range - report
Arm Holdings - which is owned by Japan’s SoftBank - is reportedly considering raising the price range of its initial public offering after meeting investors for what would be the world’s largest listing this year.
BMW to invest £600m in Oxford Mini plant
BMW is expected to announce a £600m investment to upgrade its Oxford Mini factory following the UK government's backing of the project.