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Bristol Myers Squibb to cut 2,200 jobs as part of $1.5bn cost-savings drive

US drugmaker Bristol Myers Squibb on Thursday announced plans to cut its workforce by 6% as part of a $1.5bn cost-savings programme, as it reported better-than-expected results for the first quarter. ....

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Heineken sees volumes jump, maintains cautious tone

Heineken posted a rise in quarterly revenues and volumes on Wednesday, despite a “challenging and uncertain” economic outlook. ....

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Tesla announces plans to cut 400 jobs in Germany

Tesla is set to trim around 400 positions at its German gigafactory near Berlin, it emerged on Tuesday, accounting for 3% of the factory's total workforce. ....

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Galp shares surge on news from Namibia's Mopane field

Shares in Portuguese oil company Galp Energia popped on Monday, after it announced completion of the initial exploration phase in the Mopane field, offshore Namibia, revealing the potential presence of a substantial oil reserve of at least 10 billion barrels. ....

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CoStar to buy Matterport in $1.6bn deal

CoStar, a US provider of online real estate marketplaces, information and analytics in the property markets, said on Monday that it has agreed to buy Matterport in a $1.6bn deal. ....

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