International Companies
Boeing to open factory doors to airlines
Aircraft manufacturer Boeing has vowed to give airlines more oversight of its facilities following an incident with an Alaska Airlines flight in which a part of the plane fell off mid-flight.
Atos announces CEO departure, warns on cash flow
Atos tumbled on Monday as it announced the departure of its chief executive and warned on cash flow.
Global airline stocks drop as Delta cuts profit guidance
Airline stocks across the US and Europe were flying lower on Friday after American carrier Delta cut its earnings guidance for the full year.
BlackRock buying Global Infrastructure Partners for $12.5bn
Investment giant BlackRock announced on Friday it is spending $12. 5bn in a cash-and-shares deal to take over Global Infrastructure Partners, a private infrastructure fund manager based in New York.
Wells Fargo posts rise in Q4 profit; credit loss provisions increase
Wells Fargo posted a rise in fourth-quarter profit and revenue on Friday, but provisions for credit losses jumped.
Bank of America Q4 profits fall on one-time charges
Investment bank and financial services firm Bank of America posted a decline in fourth-quarter profits on Friday as a result of being hit with some sizeable one-time charges.
JPMorgan Chase posts record FY profits
US banking giant JPMorgan Chase posted record full-year profits on Friday, driven by a windfall from rising interest rates.
Amazon fails to offer remedies to EU concerns over iRobot acquisition
Shares in iRobot plunged overnight on Wednesday, after Amazon failed to provide solutions to address concerns raised by EU competition regulators regarding its $1. 4bn acquisition of the US domestic robotics giant.
Red Sea upheaval 'could last for months' - Maersk
AP Moller-Maersk warned on Thursday that the disruption in the Red Sea could last for months, putting both trade and the global economy at risk.
Google to axe hundreds of jobs
Google is laying off hundreds of workers across divisions as it continues to cut costs globally, it was reported on Thursday.
Elliott said to have built big stake in Match Group, shares surge
Match Group shares surged in pre-market trade on Tuesday following a Wall Street Journal report that Elliott Investment Management has taken a significant stake in the online dating company.
BioNTech flags weaker 2024 revenues
BioNTech forecast 2024 revenues would come in below analyst expectations on Tuesday, as demand for its Covid-19 vaccine continues to wane.
Samsung flags slump in fourth-quarter profits
Samsung Electronics warned on Tuesday that quarterly profits would miss expectations, on the back of weaker global demand for consumer electronics.
EU to look at Microsoft-OpenAI investment as part of market probe
The European Commission announced two calls for contributions on Tuesday, focusing on competition within virtual worlds and generative artificial intelligence (AI), particularly Microsoft’s investment in ChatGPT developer OpenAI.
Hewlett Packard Enterprise nearing $13bn deal to buy Juniper Networks
Juniper Networks surged in pre-market trade on Tuesday following a report that Hewlett Packard Enterprise is close to striking a $13bn deal to buy the network gear maker.
EDF Energy to invest further £1.3bn in UK nuclear fleet
EDF Energy is to invest a further £1. 3bn in five of the UK’s nuclear power stations, the French group confirmed on Tuesday, as it looks to maintain output.
FAA grounds 171 Boeing 737 Max 9s
Aircraft manufacturer Boeing shares were in free fall early on Monday after the US aviation watchdog said 171 Boeing 737 Max 9 planes would remain grounded until it was satisfied that the planes were safe.
Johnson & Johnson to buy Ambrx for $2bn
Johnson & Johnson said on Monday that it has agreed to buy clinical-stage biopharmaceutical company Ambrx for around $2bn.
Shares slump after Evergrande executive detained
Shares in a key China Evergrande Group subsidiary slumped on Monday, after a senior executive was detained by police.
Merck in talks to buy Harpoon Therapeutics for about $700m - report
Merck & Co is reportedly in advanced talks to buy cancer drugmaker Harpoon Therapeutics for about $700m.