International Companies
BAT to make further investment in Organigram, shares surge
Organigram shares surged on Monday after it said that British American Tobacco has agreed to invest a further CAD124. 6m (£74m) into the business.
Citigroup considering at least 10% job cuts in major businesses - report
Citigroup's managers and consultants working on chief executive Jane Fraser's reorganisation have reportedly discussed job cuts of at least 10% in several major businesses.
BMW Group upbeat after robust third quarter
Automaker BMW Group reported a robust third-quarter performance on Friday, with a higher margin in its core cars business as it remained optimistic about its annual forecasts.
Third-quarter profits tumble at SocGen
Societe Generale reported a slide in quarterly revenues and profits on Friday, dragged lower by a weaker performance at its retail bank.
Maersk to cut 10,000 jobs; lowers profit guidance
AP Moller-Maersk is to cut more than 10,000 jobs worldwide, the shipping group confirmed on Friday, after demand and prices both fell sharply.
Sam Bankman-Fried found guilty of FTX fraud
Former crypto tycoon Sam Bankman-Fried has been convicted of fraud and money laundering by a court in New York.
Starbucks sales jump on strong demand
Starbucks Corp reported a jump in fourth-quarter sales on Thursday, boosted by strong demand in North America.
Estee Lauder cuts outlook; cites China, Middle East risks
US cosmetics group Estee Lauder cut its full-year forecasts on Wednesday as it pointed to a slower-than-expected recovery in China.
Toyota boosts forecasts after record quarter
Japan’s Toyota Motor Corp boosted its full-year forecasts on Wednesday, after a surge in quarterly profits.
Tata Steel set to confirm major job cuts - report
Tata Steel is poised to announce thousands of job cuts at its Port Talbot plant in south Wales, it was reported on Wednesday.