Qualcomm (QCOM.O) has agreed to pay $75 million to settle a lawsuit in which shareholders accused the chipmaker of defrauding them by concealing its anticompetitive sales and licensing practices. The preliminary all-cash
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London stocks experienced a slight decline on Wednesday as investors balanced the news of Britain’s headline inflation hitting the Bank of England’s (BoE) target against a slower-than-expected drop in services price inflation.
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Blackstone (BX.N) has launched a 275.8 billion yen ($1.74 billion) bid to take Japanese digital comic distributor Infocom (4348.T) private, offering a tender price of 6,060 yen per share, Infocom announced on
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Billionaire Warren Buffett‘s Berkshire Hathaway Inc has acquired an additional 2.95 million shares in Occidental Petroleum, increasing its stake in the U.S. oil producer to nearly 29%. According to a regulatory filing
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UBS (UBSG.S) has initiated its share buyback program, announced earlier this year, repurchasing shares worth 44.8 million Swiss francs ($50.21 million) last week, the Swiss bank reported on Monday. UBS previously stated
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Three British opinion polls released late on Saturday depict a challenging scenario for Prime Minister Rishi Sunak‘s Conservative Party, with one pollster warning of potential “electoral extinction” in the July 4 election.
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Russia’s Ingosstrakh announced on Friday that it might challenge UK sanctions in court and is seeking clarification on the measures imposed by the British government on Thursday. Ingosstrakh, which provides services including
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Meta Platforms (META.O) will not launch its Meta AI models in Europe for now. The decision follows a directive from the Irish privacy regulator to delay using data from Facebook and Instagram
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France is experiencing a “very serious” period as parliamentary elections approach, according to President Emmanuel Macron on Friday. The financial markets are uneasy, with the far-right and far-left political blocs leading the
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Britain’s FTSE 100 marked its longest weekly losing streak since March 2020 on Friday, as investors grappled with uncertainty around the outlook for interest rates and political turmoil in Europe. The blue-chip
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