International Companies
Signet Jewelers ups forecast following strong second quarter
Signet Jewelers topped estimates with its strong set of second-quarter results on Thursday, leading the group to raise its full-year outlook.
Lyft to hire advisor to prepare for IPO ahead of rival Uber
Ride hailing company Lyft has decided to hire an advisor to start the process for an initial public offering in an effort to beat rival Uber to the stock market, Bloomberg reported on Friday.
Watchdog launches legal action against Viagogo
The Competition and Markets Authority has taken ticket reseller Viagogo to high court on Friday over concerns that it is breaking consumer protection laws.
China refuses United Airlines' workaround to not list Taiwan as part Asian giant
The Chinese foreign ministry has heavily criticised what it claimed was an attempt by United Airlines to work around Beijing's request that foreign carriers list Taiwan as part of Chinese territory on their websites.
Apple shares reach all-time high ahead of new iPhone
Apple shares hit record high on Thursday after it announced an event for 12 September where it's expected to unveil its new iPhone models.
Electronic Arts lowers outlook as Battlefield V release delayed
Videogame publishing giant Electronic Arts lowered its outlook for net bookings in the 2019 fiscal year after delaying the release of Battlefield V by four weeks to 20 November.
Stryker to buy spinal technology group K2M for $27.50 a share
US medical technology group Stryker has agreed to buy spinal technology company K2M Group Holdings for $27. 50 a share, or a total equity value of around $1. 4bn.
Ford's credit rating downgraded to one notch above 'junk' status
US automotive giant Ford has had the rating on its long-term debt downgraded to just one notch above junk status at Moody's Investors Service, putting the firm at the bottom rung of the investment-grade ladder.
Vodafone agrees £8.4bn merger for Australian joint venture
Vodafone has agreed to merge its loss-making Australian mobile joint venture with broadband provider TPG Telecom in a deal valuing the combined company at about A$15bn (£8. 4bn).
Study finds extremely wide gap between CEO-worker pay
Over two thirds of the top 50 federal contractors and corporate subsidy recipients paid their CEO more than 100 times their median worker pay in 2017, the latest Executive Excess report revealed.
UK and EU negotiators push back October Brexit deadline
The UK and the European Union are set to announce that the deadline for reaching a Brexit deal has been pushed back from October to November as it is now unlikely that an agreement can be reached before, Bloomberg reported on Wednesday.
Driverless taxi debuts in Tokyo with car full of passengers
A self-driving taxi has successfully taken passengers through Tokyo in the first public test for autonomous vehicles.
Toyota to invest $500m in Uber driverless car deal
Japanese carmaker Toyota has announced it will invest $500. 0m in Uber and expand a partnership focused on developing self-driving vehicles.
Donald Trump accuses Google of rigging search results to show just 'fake news'
US President Donald Trump has accused Google of "rigging" the search results obtained through its search engine in order to make him look bad and only show "fake news".
Tiffany's raises full-year outlook after surprise quarter
Upscale jeweller Tiffany's revealed a stronger-than-expected set of figures on Tuesday, leading the group to raise its full-year earnings outlook.
Standard Lithium receives results of laboratory tests on Arkansas lithium brine
Laboratory results on high-quality lithium brine recovered from Canadian miner Standard Lithium's Smackover Formation in southwestern Arkansas showed lithium concentrations ranging between 347–461 milligrams per litre in four samples from two existing wells.
Japanese companies despair at Brexit confusion
Japanese companies with operations in Britain are nonplussed by the UK government’s approach to Brexit as the deadline for leaving the EU nears, the Financial Times reported.
Apollo Global Management to buy Aspen Insurance for $2.6bn
Private equity firm Apollo Global Management has agreed to buy Aspen Insurance for around $2. 6bn.
Tesla shares 5% after Musk abandons plans to take firm private
Tesla shares in Germany on Monday dropped 5% at the US market open as a result of CEO Elon Musk’s decision to abandon his plans to take the company private.
Uber to focus on bikes and scooters over cars
Uber said it plans to focus more on electric scooters and bikes for short journeys and rely less on cars.