International Companies
Director dealings: Telit chairman ups stake
Telit Communications chairman Paolo Dal Pino purchased 135,000 ordinary shares in the AIM-listed tech firm.
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.
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.
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.
Low-cost airline Cobalt collapses
Budget airline Cobalt has suspended operations after reportedly failing to reach an agreement with a potential investor.
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.