International Companies
Boeing enters $10bn credit deal, plans to raise up to $25bn
Boeing revealed significant steps to strengthen its financial position on Tuesday, as it entered into a $10bn supplemental credit agreement with a consortium of major lenders.
Lundbeck to buy Longboard Pharmaceuticals in $2.6bn deal
Danish pharmaceutical group Lundbeck said on Monday that it has agreed to buy Longboard Pharmaceuticals in a $2. 6bn deal.
International Paper shareholders give green light for DS Smith takeover
Shareholders of American pulp and paper giant International Paper have given their approval for the £5. 8bn takeover of London-listed packaging group DS Smith.
BNY Mellon posts record assets under administration
BNY Mellon reported a strong set of third-quarter results on Friday, surpassing profit estimates as assets under custody and administration reached a record $52. 1trn.
BlackRock sees assets under management surge to record high
Assets under management at BlackRock have topped $11trn, the US investment giant confirmed on Friday, a fresh high.
JPMorgan Chase Q3 figures top estimates
US banking giant JPMorgan Chase reported third-quarter figures that topped estimates on both the top and bottom lines.
Saga in talks with Ageas about possible tie-up, shares spark
Shares in Saga jumped on Friday, after the travel-to-insurance business revealed it was in advanced discussions with Belgium’s Ageas about a potential partnership deal.
'Intense' competition in China weighs heavily on Volkswagen
Global car sales at Volkswagen Group fell sharply in the last quarter, the German manufacturer confirmed on Friday, dragged down by stiff competition in China.
Sanofi in talks to sell consumer healthcare stake to US private equity firm
French pharma giant Sanofi has announced it is in discussions with US private equity firm Clayton, Dubilier & Rice regarding the potential sale of half of its consumer healthcare business.
Domino's tops Q3 profit forecasts, but cuts sales guidance
Shares in takeaway pizza chain Domino's rose on Thursday as investors focused on forecast-beating quarterly earnings and shrugged off a reduction to sales growth forecasts for the full year.
Shares fall as Delta's third-quarter update disappoints
Shares in Delta Air Lines came under pressure on Thursday, after third-quarter earnings and sales guidance disappointed.
EDF seeks £4bn to help fund Hinkley Point C - report
Electricite de France is holding talks with investors about funding Hinkley Point C, the nuclear power plant is it in building in Somerset, it was reported on Thursday.
Uniqlo owner Fast Retailing sees annual sales top 3trn yen
Fast Retailing, the Japanese clothing conglomerate and owner of Uniqlo, published record annual profits on Thursday that beat both consensus and the company's own forecasts, as group turnover topped 3trn yen for the first time.
Unilever quits Russia after striking deal with Arnest
Consumer goods giant Unilever has sold its Russian business, it was confirmed on Thursday, bringing to an end its presence in the country.
TSMC beats own estimates with Q3 sales
Third-quarter results from TSMC comfortably beat market forecasts on Wednesday as the contract chipmaking giant grew September revenues by nearly 40% year-on-year, helped by the relentless demand for its chips in AI use cases.
US DoJ calls for breakup of Google
The US government was said to be calling for a judge to break up Google in a potentially landmark ruling that would reshaped just how tech giants conduct their affairs.
PepsiCo cuts revenue outlook again
PepsiCo cut its annual organic revenue guidance again on Tuesday as it highlighted a "subdued" performance in North America in the third quarter.
China to impose anti-dumping measures on EU brandy, drink stocks slump
Shares of European drinks makers slumped on Tuesday after China said it would impose provisional anti-dumping tariffs on brandy imported from the European Union this week.
Apollo to buy Barnes Group in $3.6bn deal
Technology and aerospace manufacturer Barnes Group said on Monday that it has agreed to be bought by Apollo Global Management for $3. 6bn in cash.
Chevron Canada to sell assets to Canadian Natural for $6.5bn
Chevron Canada said on Monday that it has agreed to sell its 20% interest in the Athabasca Oil Sands Project (AOSP) to Canadian Natural Resources for $6. 5bn in cash.