International Companies
AMG adds names to management board of new operating division
AMG Advanced Metallurgical Group named Guido Löber as chairman of the management board of AMG Technologies on Monday.
Leasinvest Real Estate acquires hangar building in 'trendy' Antwerp
Leasinvest Real Estate has acquired the Hangar 26/27 building in the Eilandje district in Antwerp, it announced on Monday, which has direct views over both the river Scheldt and the MAS museum (Museum aan de Stroom).
Fastjet CFO Michael Muller resigns
Fastjet chief financial officer Michael Muller will step down from his post in March, after the company announced his resignation on Friday.
Shell completes sale of New Zealand assets
Royal Dutch Shell has completed the sale of its shares in Shell entities in New Zealand to OMV for $578m.
UK 5G upgrade: Defence Secretary gravely worried about Huawei's involvement
UK Defence Secretary Gavin Williamson said on Thursday that he had "grave, very deep concerns" about Huawei's involvement in Britain's 5G upgrade.
Takeda to fund Shire purchase with cash, cancels credit deal
Takeda Pharmaceutical Company announced on Friday that it intended to fund the cash consideration due on completion of the proposed acquisition of Shire from its cash resources and other financing sources.
Takeaway.com to buy Delivery Hero's German business in EUR930m deal
Dutch online food delivery company Takeaway. com has agreed to buy the German business of Delivery Hero for around €930m in cash and shares.
Trump lifts sanctions on Rusal; aluminum plunges
The US Treasury announced on Wednesday it would lift sanctions on the companies of Russian businessman Oleg Deripaska, including Rusal, sending aluminum prices down to a 16 month low.
Uber loses UK appeal over employment rights
Uber lost an appeal in the UK on Wednesday against a ruling classing its drivers as workers with access to employment rights such as paid holidays and minimum wage.
Facebook exposed for granting tech giants access to user data
Facebook had undisclosed deals with around 150 companies and gave them privileged access to user data during 2017 in practices it had agreed to scrap back in 2014, according to a report on Wednesday.
Shares in Royal Mail tumble after FedEx fails to deliver
Shares in Royal Mail sank to a fresh low on Wednesday, after US parcel firm FedEx cut its full-year outlook and warned of weakness in Europe.
Musk's Boring Company unveils solution to LA traffic congestion
Elon Musk and his Boring Company unveiled on Wednesday a prototype for an underground high-speed transport tunnel designed to solve the traffic congestion in Los Angeles.
3M to buy technology business for M*Modal in $1bn deal
3M has agreed to buy the technology business of M*Modal for an enterprise value of $1bn.
Santander fined £33m for keeping dead customers' money from relatives
Spanish bank Santander was fined £33m on Tuesday for failing to pass on £183m of deceased customers' funds to 40,000 of their relatives, the Financial Conduct Authority said.
Civil rights groups call for Facebook to change leadership
Dozens of civil rights groups have demand a change in the leadership at Facebook to improve accountability after the recent number of scandals that have put users’ information at risk.
China's CNOOC signs deals with western oil majors
China stressed its openness for trade on Tuesday as China National Offshore Oil Corp signed nine oil and gas deals with different firms including Royal Dutch Shell.
Musk's SpaceX secures $500m of funding for Starlink - report
Elon Musk’s space rocket company Space Exploration Technologies, known as SpaceX, is planning on raising $500m to get its internet-service functioning, according to a report on Tuesday.
Shell explores Endeavor acquisition following price drop - reports
Oil giant Royal Dutch Shell has begun negotiations to acquire North Sea explorer Endeavor Energy for around $8bn, roughly half of what the Texan outfit was expected to go for when it put itself up for sale earlier this year, according to reports.
Credit Suisse advises clients to move assets out of UK - report
Credit Suisse has advised its ultra-wealthy clients to shift their assets out of their UK and should “accelerate plans” to do so before Brexit, according to a report.
AND International Publishers inks deal to create autonomous driving maps
AND International Publishers has entered into a strategic agreement with a subsidiary of an unnamed European automotive original equipment manufacturer (OEM), it announced on Tuesday.