-S&P 500 futures down 0.4% to 2,652.00
-Brent Futures down 1.8% to $60.51/bbl
-Gold spot down 0.3% to $1,301.52
-US Dollar Index up 0.04% to 95.83GLOBAL NEWS:Earnings season.
The publication schedule is not very busy today, before a significant acceleration tomorrow. On Monday, we have Orix
and Shinhan Financial
in Asia, Atlas Copco
, Galp Energia
or Solutions 30
in Europe, and Caterpillar
and Reinsurance Group
in the United States. Over the week, an avalanche of corporate publications is on the horizon, with some 30 projects in the "more than $100 billion in capitalization" segment alone, including Apple
, Royal Dutch Shell
, Exxon Mobil
. In total, approximately 200 companies in the S&P500 and Stoxx Europe 600 indices are expected to publish.Alstom and Siemens.
The European Commission has confirmed that Alstom
and Siemens Mobility
have submitted last-minute concessions in an attempt to obtain the green light for a merger. Vestager considered them late, the Mayor decisive. Antitrust has until mid-February to decide.Tax litigation.
An audit commissioned by the Italian tax authorities estimates that Kering owes it 1.4 billion because of the arrangement made in Switzerland with the subsidiary LGI, which the group intends to contest in court. "Kering
disputes the conclusions of the audit report both in terms of their basis and amounts," he said in a statement. The audit was carried out following an investigation by the Milan Public Prosecutor's Office.The SEC is interested in Nissan
. Nissan, Renault
executives are scheduled to meet before the end of the month to discuss the future of the Alliance. In parallel, rumors are circulating about an SEC investigation into the compensation of Nissan executives, a rumor confirmed by the manufacturer who has received a request for information from the US regulator.Collateral victim.
A220 will not start in January under the colors of Delta Air Lines due to the delay in certification due to the closure of administrative services in the United States.Less staff at Tesco? Tesco
could cut 15,000 jobs in the UK by closing its butcher, fish and pastry departments and replacing them with self-service, according to the Daily Mail. The distributor did not wish to comment at this stage.Disaster in Brazil. Vale
is in turmoil after the breach of a mining dyke in Brazil, which caused the deaths of several dozen people. A second work is under threat. The Brazilian authorities have seized $3 billion from the group's accounts to meet immediate needs.20 years in Coal.
The German Coal Exit Commission recommends that all coal-fired power plants in Germany be shut down by 2038, which RWE and E.ON do not like. There is a good chance that the government will follow the commission's recommendations.Italy and Austria in ADNOC.
ENI will take 20% of the DNAOC (United Arab Emirates) refining activities for $3.3 billion, and OMV 15% for USD 2.5 billion. The refining division of the Abu Dhabi company is valued at $19.3 billion, for a capacity of 922,000 barrels per day.In other news.
The United States has lifted its sanctions against Rusal. The majority of Ceva Logistics' board of directors is against CGA CGM's offer. France will strengthen its control over network equipment for 5G, which bodes well for Ericsson
, but less well for Huawei
. Deutsche Bank
is expected to receive additional funding from Qatar, Bloomberg said. LafargeHolcim's listed subsidiary in the Philippines has risen sharply after rumors of its sale. Banca Carige issues 2 billion in debt with the support of Rome. Versum and Entegris would merge, according to the Wall Street Journal.