International Companies
Ryanair lands first deal with online travel agent
Ryanair Holdings said on Tuesday that it has signed a deal with Loveholidays, despite branding online travel agents "pirates".
Johnson & Johnson reports robust quarter, but full-year earnings slip
Johnson & Johnson reported robust growth in sales and earnings in its fourth quarter numbers on Tuesday, with sales rising 7. 3% year-on-year to $21. 4bn.
3M forecasts underwhelm, shares fall
Shares in 3M came under pressure on Tuesday, after the industrial conglomerate forecast full-year profits and sales below analyst expectations.
Sales and profits slide at Ericsson
Sweden’s Ericsson reported a slide in quarterly profits and sales on Tuesday, as wary customers cut back on spending.
Chinese authorities mulling stock market rescue package - report
Beijing is considering a possible rescue package to help bolster China's struggling stock markets, it was reported on Tuesday.
Sanofi to take on lead Inhibrx candidate in $2.2bn deal
Inhibrx announced an agreement with Sanofi on Tuesday, under which Sanofi subsidiary Aventis will acquire all assets and liabilities associated with INBRX-101, a recombinant alpha-1 antitrypsin (AAT) augmentation therapy currently being trialled for alpha-1 antitrypsin deficiency (AATD) treatment.
Sunoco to buy NuStar Energy in $7.3bn deal
US gas station owner Sunoco said on Monday that it has agreed to buy independent liquids terminal and pipeline operator NuStar Energy in a $7. 3bn all-share deal.
ADM suspends finance chief, lowers earnings outlook
American agricultural trader Archer-Daniels-Midland (ADM) put its chief financial officer Vikram Luthar on administrative leave overnight, lowering its earnings outlook as it investigated its accounting practices.
Credit Agricole takes 7% stake in payments firm Worldline
Credit Agricole said on Monday that it has bought a stake of around 7% in French payments group and joint venture partner Worldline.
Kaman to be taken private by Arcline in $1.8bn deal
Aerospace parts manufacturer Kaman said on Friday that it has agreed to be taken private by Arcline Investment Management in a $1. 8bn deal.
Wayfair to cut 13% of workforce, shares surge
Wayfair surged on Friday as the online home retailer announced plans to cut around 13% of its global workforce in a bid to save more than $280m.
Annual profits miss targets at BASF
German chemical giant BASF Group reported annual sales and earnings well below analyst expectations on Friday.
Japan's Sekisui House to buy US housebuilder MDC for $4.9bn
Japanese housebuilder Sekisui House said on Thursday that it has agreed to buy US peer M. D. C. Holdings for $4. 9bn in cash.
Strong demand in China lifts Richemont
Shares in Richemont sparked on Thursday after the Swiss owner of Cartier posted a jump in quarterly sales, driven by strong demand in China.
Tata Steel and unions in crunch meeting over Port Talbot
Workers at Tata Steel’s Port Talbot plant were bracing for swingeing job cuts on Thursday, as company officials met with unions to discuss the steelworks’ future.
OPEC reaffirms 2024 growth projections, offers 2025 guidance
OPEC reaffirmed its projection of robust growth in global oil demand for 2024 on Wednesday, as well as offering an early outlook for 2025, highlighting China and the Middle East as the driving forces behind the surge.
JPMorgan Securities to pay $18m over anti-whistleblower practices
JP Morgan Chase subsidiary, JPMorgan Securities agreed to pay an $18m penalty, it emerged on Tuesday, in response to allegations of violating whistleblower protection regulations by the US Securities and Exchange Commission (SEC).
Morgan Stanley posts slide in fourth-quarter profits
Morgan Stanley reported a slide in fourth-quarter income on Tuesday, as costs in its core wealth management division jumped.
Goldman Sachs Q4 results top expectations
Investment bank Goldman Sachs reported fourth-quarter results that topped Wall Street expectations on Tuesday, driven by better-than-expected asset and wealth management revenues.
Synopsys to buy Ansys in $35bn deal
Chip design software maker Synopsys said on Tuesday that it has agreed to buy Ansys in a $35bn cash and share deal.