International Companies
Amazon wins court battle over Luxembourg back taxes
Luxembourg's Court of Justice of the European Union (CJEU) ruled on Thursday that Amazon does not have to pay €250m in back taxes to Luxembourg.
Air France-KLM shares get a lift from long-term profit outlook
Shares in French airline company Air France-KLM were flying high on Thursday after the company laid out new long-term profit targets for the next five years.
Vivendi mulls possible break-up, shares jump
Shares in Vivendi sparked on Thursday, after the French media conglomerate said it considering breaking itself up.
Tesla to issue software update to 2m cars following safety concerns
Electric car titan Tesla is having to send software updates to more than 2m vehicles due to problems associated with their autopilot technology.
Zara owner Inditex posts strong holiday sales
Fashion giant Inditex reported a solid start to festive trading on Wednesday, boosted by strong demand for its autumn/winter collections.
Pfizer gets all regulatory approvals to close $43bn Seagen deal
Pfizer said on Tuesday that it has now received all regulatory approvals needed to close its $43bn acquisition of Seagen after agreeing to donate the rights of royalties from sales of its Bavencio cancer drug.
Shein in talks with LSE about possible London listing - report
Chinese fast-fashion giant Shein has reportedly held talks with the London Stock Exchange about the possibility of staging a blockbuster public listing in the UK, even after filing documents paving the way for a flotation in New York.
Norway's Schibsted to break in two, shares jump
Shares in Norway’s Schibsted soared on Monday, after the media group announced plans to split itself in two as part of a NOK6. 2bn (£450m) deal.
BlackBerry appoints John Giamatteo as CEO
BlackBerry said on Monday that it has appointed industry veteran John J. Giamatteo as its new chief executive officer with immediate effect, as it announced plans to separate its IoT and cybersecurity businesses.
Occidental Petroleum to buy Permian producer CrownRock in $12bn deal
Occidental Petroleum said on Monday that it has agreed to buy CrownRock, a privately-held oil and gas producer that operates in the Permian basin, for around $12bn.
Investor group makes $5.8bn bid for Macy's
A group of investors led by Arkhouse Management and Brigade Capital has made a $5. 8bn run at department store operator Macy's that would take the group private, according to the Wall Street Journal.
Penske Automotive to buy UK’s Rybrook Group
US-based Penske Automotive said on Monday that it has agreed to buy Rybrook Group, which consists of 15 premium dealerships in the UK, for an undisclosed sum.
Morgan Stanley upbeat for utilities in 2024
Morgan Stanley has reiterated its ‘overweight’ recommendations for SSE and Severn Trent, on expectations European utilities will outperform in 2024.
Trafigura to pay shareholders $5.9bn on record profits
Commodities trading giant Trafigura will pay out $5. 9bn in dividends, it was confirmed on Friday, after annual profits surged on the back of volatility in the energy sector.
CMA invites comments on Microsoft-OpenAI partnership
The Competition and Markets Authority initiated a public consultation to gather opinions on the partnership between Microsoft and OpenAI on Friday.
Honeywell to buy Carrier's security business for $4.95bn
US air conditioner maker Carrier Global said on Friday that it has agreed for Honeywell to buy its security business for $4. 95bn.
Dollar General posts smaller-than-expected fall in sales
Dollar General reiterated its full-year guidance on Thursday, after the US retailer posted a smaller-than-expected drop in quarterly sales.
Maurel & Prom signs key deal in acquisition of Wentworth
Maurel & Prom updated the market on its recommended cash acquisition of Wentworth Resources on Thursday, signing an agreement fortifying its long-term partnership with the Tanzania Petroleum Development Corporation (TPDC).
Woodside Energy and Santos confirm merger talks
Australian oil and gas firms Woodside Energy and Santos confirmed on Thursday that they are in discussions about a potential merger.
G7 agrees to ban Russian diamonds - report
The G7 group of wealthy nations has agreed to ban imports of Russian diamonds, it was reported on Wednesday.