International Companies
Microsoft to shut down Skype in May
Microsoft announced on Friday that it is planning to shut down its voice and video-conferencing product Skype in May as it focuses on the more popular Teams offering.
IAG in profit beat, €1bn buyback on strong rebound in leisure travel
British Airways owner IAG on Friday reported a better-than-expected jump in annual profits after doubling earnings in the final quarter, driven by “robust” leisure travel and said it planned to return a further €1bn to shareholders.
Allianz unveils €2bn buyback after record earnings for 2024
Shares in Allianz were trading lower in Frankfurt despite the German financial services giant unveiling record annual earnings and a share buyback programme, as the company guided to no profit growth in 2025.
Warner Bros Discovery forecasts surge in subscriber numbers
US media giant Warner Bros Discovery posted below-forecast quarterly earnings on Thursday, but remained bullish about growth after subscriber numbers surprised on the upside.
CRH upbeat after revenues, profits jump
Irish building materials group CRH forecast another strong performance in 2025, after it posted a jump in full-year earnings.
Trump threatens 25% tariffs on EU imports
Donald Trump has confirmed he plans to impose 25% tariffs on the European Union, claiming the bloc was "formed to screw the United States".
GM ups dividend, unveils $6bn share buyback
Shares in GM jumped on Wednesday after the American auto giant unveiled plans to raise its dividend and launch a new $6bn share repurchase programme.
Quarterly numbers from Lowe's beat forecast, shares spark
US retailer Lowe’s Companies beat Wall Street expectations on Wednesday, prompting hopes that the home improvement market is picking up.
Profits, revenues tumble at Stellantis
European car giant Stellantis posted a slump in sales and profits on Wednesday, weighing on the shares.
Home Depot beat Q4 forecasts, but 2025 guidance underwhelms
Home Depot's share price was trading lower ahead of the opening bell on Tuesday despite the DIY retailer topping forecasts with its fourth-quarter results, as its sales forecast for the coming year disappointed investors.
Tesla sales tank in Europe amid ongoing Musk backlash
The number of Tesla vehicles sold in Europe tanked in January, even as total volumes of newly registered electric cars surged, according to the European Automobile Manufacturers’ Association (otherwise known as the ACEA).
Galp Energia makes new discovery at Mopane-3X well
Portuguese energy firm Galp Energia revealed on Tuesday that it has made a new discovery at its Mopane-3X well off the coast of Namibia.
Domino's earnings disappoint as US growth slows in Q4
Domino's shares fell sharply on Monday after the American pizza giant missed forecasts with its fourth-quarter revenues and profits, as its domestic operations failed to deliver.
Starbucks to cut 1,100 jobs, simplify structure
Starbucks has announced plans to eliminate more than 1,000 jobs as part of a restructuring plan to simplify its structure and operate more efficiently.
Apple to hire 20,000 workers in $500bn US investment pledge
Apple said on Monday that it is committed to spend half a trillion dollars in the US over the next four years as it outlined plans to hire 20,000 new workers and expand development into AI.
PE firm Prosus to buy Just Eat in €4.1bn deal
Just Eat Takeaway. com has agreed to be bought by Dutch private equity firm Prosus in a €4. 1bn deal.
Saipem, Subsea7 to merge to create ‘global leader in energy services’
Italy’s Saipem said on Sunday that it has agreed to merge with Norwegian rival Subsea7 to create "a global leader in energy services".
StanChart in $1.5bn buyback as annual earnings rise
Asia-focused bank Standard Chartered said it would hand back $1. 5bn to shareholders after a rise in annual earnings driven by its pursuit of wealthy customers, although it warned that global growth could be hit by protectionist trade policies amid threats of widespread tariffs by the new US government.
UnitedHealth shares drop as DOJ launches Medicare pricing probe
Shares in American insurance group UnitedHealth tanked on Friday after the news that the Department of Justice has launched an official probe into its Medicare billing practices.
Air Liquide lifts margin guidance after "solid" 2024
French industrial gases giant Air Liquide impressed investors with its full-year results with record margin improvements driving annual profits higher as the company lifted its short-term guidance.