• Siemens Energy wants to buy out the minority shareholders of its subsidiary Siemens Gamesa at EUR 18.05 per share.
  • Tesla may build a battery and electric vehicle manufacturing plant in Indonesia.
  • Kohl's board is accused by activist investor Macellum of withholding material information from shareholders.
  • Margarete Haase will take over as chairman of AMS-Osram.
  • BMW explores energy investments to reduce dependence on natural gas.
  • Alcon will buy Eysuvis eye drops from Kala Pharmaceuticals.
  • Hyundai to invest more than $10 billion in the US through 2025.
  • Kimberly-Clark is reportedly considering selling its paper assets in Brazil and Latin America.
  • Semiconductor maker Broadcom is in talks to buy software maker VMware, sources close to the matter told Reuters. In pre-market trading, VMware gained 21.2% while Broadcom gave up 5.2%.
  • Apple has told some of its suppliers it wants to increase production outside China, the Wall Street Journal reports.
  • JPMorgan Chase & Co confirmed it is targeting a 17% return on tangible equity, a goal that could be achieved as early as this year, and raised its 2022 net interest income (excluding markets) forecast to $56 billion.
  • Bank of America announced Monday that it will raise the minimum hourly wage for its employees to $22, continuing a move that began in 2017, when it was set at $17, and is set to rise to $25 by 2025.
  • Pfizer and BioNTech on Monday released clinical trial results for their Covid-19 vaccine for children under five showing that it generates a strong immune response and is safe and well tolerated.
  • Advanced Micro Devices presented the next generation of its flagship Ryzen processor.

Main earnings reports of the day: Zoom Video, Pershing Square, Kainos...