International Companies
19 Oct
Russia courting Exxon with new projects while US sanctions loom

The Russian government and Exxon Mobil have begun discussions over new oil and gas projects according to reports on Friday, potentially complicating future US sanctions against the Kremlin.

19 Oct
euskaltel portada
Zegona eyes increased stake in Spanish telco Euskaltel

AIM-listed telecommunications and media investor Zegona Communications intend to make a partial tender offer in cash to acquire as much as 14. 9% of the outstanding shares in Spanish quadplay provider Euskaltel.

19 Oct
Amazon to create 1000 technology jobs in UK

Amazon announced on Friday it would hire 1,000 new technology, research and other skilled workers by 2019 in the UK in a move designed to give the country “a leading role in global innovation”.

19 Oct
ep logoebay 20180201141605
Ebay to buy; Auto Trader slumps

Ebay has agreed to buy UK-based classifieds site Motors. co. uk from Cox Automotive.

19 Oct
Paypal shares rise as it tops Q3 forecasts

Paypal shares perked up overnight as it reported its third quarter results that impressed investors as the company signed up new customers and released new products.

19 Oct
Volvo's profit rev up 38% amid strong truck demand

Swedish car maker Volvo released quarterly results on Friday that impressed investors as its net profit rose by 38% compared to a year ago to notch the group's best ever third quarter.

19 Oct
ep compres internet
Revenue and earnings up as Telia Lietuva drives product improvements

Telia Lietuva issued its third quarter results for to 30 September on Friday, reporting a 6. 7% improvement in total revenue to €96. 4m (£84. 7m).

19 Oct
noruega bandera norway norwegian
Kitron posts best-ever third quarter revenue

Kitron reported third quarter figures that showed continued growth and improved earnings per share on Friday, despite challenges on the component market.

18 Oct
London Stock Exchange, markets, traders, trading, City, shares
Director dealings: Telit chairman ups stake

Telit Communications chairman Paolo Dal Pino purchased 135,000 ordinary shares in the AIM-listed tech firm.

18 Oct
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Santander next bank in line in German tax evasion probe

Spanish bank Santander is the latest bank to come under scrutiny from German prosecutors' probe into alleged tax evasion practices which may have cost the government around €10bn.

18 Oct
ep fabrica cigarrillos philip morris
Philip Morris sales and revenue grow as IQOS sales dart up

Tobacco giant Philip Morris turned in better-than-expected quarterly profits on Thursday, with the company's figures boosted by increased sales of its IQOS tobacco-heating device.

18 Oct
Novartis to buy US-based Endocyte for $2.1bn

Swiss drug maker Novartis has agreed to buy US-based biopharmaceutical group Endocyte for $2. 1bn in cash.

18 Oct
ep avioncobalt
Low-cost airline Cobalt collapses

Budget airline Cobalt has suspended operations after reportedly failing to reach an agreement with a potential investor.

18 Oct
mail, post, UK mail, letters, parcels, postal, logistics
US to quit Universal Postal Union; treaty gives China unfair advantage, says White House

US President Donald Trump has fired the latest salvo in his increasingly bitter trade war with China by announcing plans to pull out of the United Nation’s Universal Postal Union.

17 Oct
ep google maps 20181001183301
Google to stop forcing apps on Android phone makers

Google announced on Tuesday it will drop restrictions imposed on mobile phone makers to include its apps on Android devices following a fine from the European Union in June.

17 Oct
Royal Dutch Shell, oil & gas, petrol
Shell jettisons Danish oil fields in $1.9bn sale

Royal Dutch Shell has reached an agreement to dispose of its Danish oil fields through the sale of wholly-owned subsidiary Shell Olie-og Gasudvinding Danmark (SOGU) for $1. 9bn.

17 Oct
IBM earnings rise as cloud revenue grows

International Business Machines issued its third-quarter results on Wednesday, announcing its best year-on-year gross margin performance in three years, which the board said reflected the higher value business it was attracting.

17 Oct
ep planta volkswagen navarra cars auto
Europe's car manufacturers' sales slump, urge Brexit deal

Europe’s leading car producers have warned of surging costs if the UK quits the European Union without a deal, as figures published Wednesday revealed new car registrations had crashed.

16 Oct
netflix portada
Netflix shares leap following third-quarter earnings beat

Netflix shares surged as much as 12% in after-hours trading following the release of its third-quarter earnings on Tuesday.

16 Oct
ep audi a6 avant 20181005114603
Audi to pay €800m fine in diesel emissions scandal

Audi has agreed to pay an €800m fine, closing a probe into Volkswagen’s diesel emissions scandal that has already cost the company around €27bn.