International Companies
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.
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.
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”.
Ebay to buy Motors.co.uk; Auto Trader slumps
Ebay has agreed to buy UK-based classifieds site Motors. co. uk from Cox Automotive.
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.
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.
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).
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.