International Companies
Disney names new chair as CEO search continues
The Walt Disney Company is poaching Morgan Stanley's executive chairman James Gorman to helm the board, and said it expected to announce a successor to chief executive Bob Iger in 2026.
Kenvue shares jump as activist investor Starboard buys in
Shares in American consumer health products group Kenvue were surging on Monday morning on reports that activist investor Starboard Value has amassed a "sizeable stake" in the company.
Sanofi to sell 50% stake in Opella to CD&R
Sanofi said on Monday that it has agreed to sell a 50% stake in its consumer healthcare business, Opella, to US private equity firm Clayton, Dubilier & Rice in a €16bn deal.
FCA fines VW Finance £5.4m for unfair customer treatment
The Financial Conduct Authority (FCA) has fined Volkswagen Financial Services UK £5. 4m for failing to treat customers in financial difficulty fairly, it announced on Monday.
JDE Peet's shares surge on Mondelez buyout, new CEO
Shares in JDE Peet’s surged in Amsterdam on Monday after German investment company JAB bought out part-owner Mondelez on the same day the Dutch coffee and tea maker appointed a new chief executive.
Spirit furloughs 700 workers as Boeing strike enters sixth week
Aerostructures manufacturer Spirit AeroSystems announced on Friday that it will furlough roughly 700 workers as a strike by Boeing machinists entered its sixth week.
Volvo foresees flat truck markets next year as Q3 results miss estimates
Swedish automaker Volvo said it is expected flat truck and construction equipment markets next year due to "some uncertainty" about the macroeconomic environment.
China's economic growth slows in third quarter
China’s faltering economic growth slowed in the last quarter, official data released on Friday showed, although the slowdown was not as steep as feared.
Third-quarter earnings beat forecasts at Blackstone
Blackstone's third-quarter numbers came in ahead of Wall Street forecasts on Thursday, after the alternative investment giant posting a jump in earnings and assets under management.
Nokia outlook disappoints as Q3 sales fall
Shares in Nokia fell on Thursday after the Finnish telecoms giant disappointed with earnings guidance for the full year amid "ongoing market weakness".
AI boom fuels earnings surge at TSMC
Shares in Taiwan Semiconductor Manufacturing Co rallied on Thursday, after the Taiwanese giant posted a forecast-beating 54% surge in earnings, fuelled by the boom in artificial intelligence.
Uber exploring possible Expedia bid
Uber has explored a possible bid for travel booking website operator Expedia, according to the Financial Times, a move that would easily mark the ridesharing giant's biggest acquisition to date.
Nestle cuts forecast, shakes up executive board after sales disappoint
Nestle is to undergo a major organisational overhaul, the Swiss food giant confirmed on Thursday, as it cut sales targets in the face of persistently weak consumer demand.
Publicis lifts full-year revenue outlook
French advertising group Publicis lifted its full-year organic revenue forecast on Thursday despite a "challenging" macro environment, as it reported a jump in third-quarter revenues.
Pernod Ricard reports 'slow start' as Chinese sales tank
French wine and spirits group Pernod Ricard reported a "slow start" to the new financial year, with organic sales falling on the back of ongoing weakness in China as well as the US.
Ryanair braced for delivery delays as problems mount at Boeing - O'Leary
Ryanair could be forced to trim its 2025 traffic outlook, it was reported on Wednesday, on the back of mounting problems at key supplier Boeing.
Shares fall after LVMH sales disappoint
Shares in Europe’s luxury goods firms came under pressure on Wednesday, after third-quarter numbers from France’s LVMH missed expectations.
Stellantis shipments tumble 20% in third quarter
Vehicle deliveries at Stellantis dropped by 20% in the third quarter due to inventory reduction in North America and delayed product launches in Europe – its two largest markets.
Third-quarter iron ore production ticks higher at Rio Tinto
Anglo-Australian miner Rio Tinto left its annual iron ore forecasts unchanged on Wednesday, after third quarter production edged higher.
Ericsson posts stronger-than-expected third quarter
Ericsson posted stronger-than-expected third-quarter results on Tuesday, driven by a major contract with AT&T and solid growth in North America, despite facing a challenging global telecom market.