International Companies
Canary Wharf secures £610m loan with Apollo
Canary Wharf Group has secured a £610m loan with US private capital firm Apollo, the east London landlord confirmed on Tuesday.
Mondelez exploring Hershey takeover - report
Snacks and sweets company Mondelez International is reportedly exploring an acquisition of US chocolate maker Hershey Co, in a potential deal that would create a food giant with combined sales of almost $5bn.
Omnicom in mega-merger talks with Interpublic - reports
Two of the biggest global advertising players, Omnicom and Interpublic, are in discussions over a $30bn merger that would create the world’s largest advertising group, it emerged on Monday.
Puig withdraws Charlotte Tilbury make-up spray, shares slump
Puig shares slumped on Friday after the Spanish fashion and beauty company said a batch of Charlotte Tilbury make-up spray was being withdrawn from the market due to a quality issue.
Airbus to cut 2,000 jobs as defence and space unit struggles
Airbus has announced plans to cut just over 2,000 jobs across its defence and space business, including nearly 500 in the UK, in an attempt to slash costs.
New orders slide in Eurozone construction sector - PMI
The Eurozone’s construction sector slowed in November, a closely-watched survey showed on Thursday, heaping more pressure on the bloc’s faltering economy.
GM takes $5bn loss on Chinese business
US automotive giant General Motors' Chinese business has taken a $5. 0bn charge amid an ongoing slowdown in what was once its largest market.
Eli Lilly weight-loss drug Zepbound beats Wegovy in trial
Eli Lilly said on Wednesday that a clinical trial had shown that patients taking its weight-loss drug Zepbound (tirzepatide) lost 47% more weight than those taking Novo Nordisk’s Wegovy (semaglutide).
AT&T targeting $40bn in shareholder returns as fibre network grows
AT&T has announced plans to distribute $40bn to shareholders over the next three years as it pursues targets to expand America's largest fibre network to 50m total locations by 2029.
BlackRock to snap up HPS in $12bn deal
Wall Street giant BlackRock has agreed to acquire HPS Investment Partners in a $12bn deal, it was announced on Tuesday.
FCA boss signals willingness to allow Shein IPO
The Financial Conduct Authority has signalled it would be potentially willing to green light Chinese retailer Shein’s London £50bn debut, it was reported on Tuesday.
Intel CEO Pat Gelsinger retires
Intel said on Monday that chief executive Pat Gelsinger has retired after four years in the job.
Delivery Hero tumbles on change to Spanish worker conditions
Delivery Hero's shares tumbled on Monday morning, after the company announced a major operational shift for its Spanish subsidiary Glovo.