International Companies
AJ Bell founder tapped for Applied Nutrition chairman role
AJ Bell founder Andy Bell has been appointed chairman of Applied Nutrition, a rapidly growing sports nutrition, health, and wellness brand based in Liverpool, it was reported on Tuesday.
Walmart to buy smart TV maker Vizio in $2.3bn deal
Walmart said on Tuesday that it has agreed to buy Vizio in a $2. 3bn deal.
General Atlantic and Stone Point to buy HireRight in $1.65bn deal
HireRight said on Friday that it has agreed to be bought by General Atlantic and Stone Point Capital after the private equity firms raised their offer for the employee screening company to $1. 65bn.
Nike to axe over 1,600 jobs as it trims its expenses
Sportswear giant Nike announced plans to reduce its workforce by about 2% overnight, equating to more than 1,600 jobs, as part of a cost-cutting initiative following a year of weaker profits.
EDF returns to profit on higher electricity prices
French nuclear operator EDF said on Friday it had swung back into the black, boosted by higher electricity prices.
Swisscom sole bidder for Vodafone's Italian assets - report
Swisscom has become the sole party still in discussions with Vodafone Group about its Italian assets, it was reported on Thursday.
Commerzbank posts strongest performance in 15 years
German banking giant Commerzbank reported its strongest financial performance in 15 years on Thursday, buoyed by a significant increase in net profit driven by high interest rates.
Airbus proposes special dividend, reports strong FY earnings
Aerospace corporation Airbus declared a special dividend on Thursday as it detailed a strong set of full-year results, with order intake and adjusted underlying earnings both increasing in the twelve months ended 31 December.
Barclays eyes SocGen's UK private bank - report
Barclays is considering bidding for Societe Generale’s UK private bank, it was reported on Thursday.
Continental to cut 7,150 jobs amid global EV transition
German automotive supplier Continental revealed plans to cut 7,150 jobs worldwide by 2025 on Wednesday.
Uber announces $7bn buyback, shares surge
Uber Technologies announced a share buyback of up to $7bn on Wednesday, sending shares in the ride-hailing app surging.
Italian watchdog fines BAT and Amazon combined €7m
British American Tobacco and Amazon have been fined a total of €7m by Italy’s competition watchdog over "misleading" advertising.
BP and Adnoc agree Egyptian joint venture
BP has agreed a new joint venture in Egypt with long-standing partner Adnoc, it was confirmed on Wednesday.
'Challenging' year hits beer sales at Heineken
Dutch brewer Heineken struck a sober tone on Wednesday, after price rises during a "challenging" year hit volumes.
Coca-Cola Q4 revenues beat expectations
Coca-Cola reported better-than-expected fourth-quarter revenue on Tuesday as it benefited from higher prices and volumes.
Hasbro falls short of earnings expectations after revenue slide
Shares in toy giant Hasbro were sliding in premarket trading on Tuesday, after it reported a significant decline in revenue and a mixed performance across its business segments.
Michelin shares surge on strong profits and €1bn buyback
Shares in French tyre maker Michelin jumped more than 8% on Tuesday after beat profit forecasts with a record 2023 performance and announced a €1bn share buyback.
Diamondback Energy to buy Endeavor in $26bn deal
US oil and gas company Diamondback Energy said on Monday that it has agreed to buy rival Endeavor Energy Resources in a $26bn deal.
PepsiCo forecasts slower revenue growth
Shares in PepsiCo came under pressure on Friday after fourth-quarter revenues missed expectations and the US food and beverage giant forecast slower annual growth.
Owens Corning to buy Masonite in $3.9bn deal
US building and construction materials company Owens Corning said on Friday that it has agreed to buy Masonite, a provider of interior and exterior doors and door systems, in a $3. 9bn deal.