International Companies
SocGen to cut around 900 jobs at head office
Societe Generale confirmed on Monday that it plans to cut around 900 jobs at its head office in France as it looks to simplify its operations and improve efficiency.
Novo Holdings to buy US drug maker Catalent in $16.5bn deal
Novo Holdings, the controlling shareholder of Novo Nordisk, has agreed to buy US drug maker Catalent in a $16. 5bn cash deal.
Boeing finds 'miss-drilled holes' in 50 undelivered 737 MAX planes
Boeing's troubled 737 MAX programme was facing production challenges, it emerged over the weekend, as fresh issues were found in a number of fuselages.
TSB to cut jobs, close branches
TSB is to cut jobs and close branches as part of a restructuring plan announced by its Spanish parent Banco Sabadell.
Annual profits top $36bn at ExxonMobil
ExxonMobil posted above-forecast earnings on Friday, as increased production helped offset a decline in energy prices.
BAT, Philip Morris settle patent infringement litigations over heated tobacco, vapour products
British American Tobacco said on Friday that it has reached a global settlement with Philip Morris International to resolve all ongoing patent infringement litigations between the two related to its heated tobacco and vapour products.
Chevron earnings slide amid record shareholder returns
Chevron reported fourth-quarter earnings of $2. 3bn on Friday, or $1. 22 per share on a diluted basis, down from $6. 4b and $3. 33 per share a year earlier.
Adidas forecasts jump in 2024 profits
Adidas has forecast a jump in full-year profits, as it continues to draw a line under its Yeezy partnership with controversial rapper Kanye West.
Deutsche Bank to cut 3,500 jobs as cost-cutting continues
German banking giant Deustche Bank has declared a €1. 6bn capital return to shareholders as it unveiled measures to cut 3,500 jobs in its ongoing restructuring programme.
BNP Paribas tumbles after fourth-quarter results
BNP Paribas tumbled on Thursday after its fourth-quarter profits missed estimated, as it struck a cautious note on the outlook.