• Sanofi and GlaxoSmithKline are falling behind in their Covid-19 vaccine, which will not be available until the end of 2021 after disappointing results in the over-60 age group.
  • Amazon.com claims to be the world's largest purchaser of renewable energy and confirms its commitment to achieving carbon neutrality by 2040.
  • Speculative fever at the time of the IPO of Airbnb, whose share price soared 113% on its first day of listing.
  • Morgan Stanley is expected to transfer around €100bn of assets from London to Frankfurt in response to Brexit, according to Bloomberg.
  • Ericsson shaken on the stock market after filing a lawsuit against Samsung in the United States.
  • Banco BPM and BPER Banca are considering a merger in Italy.
  • Oracle and Lululemon react little to strong quarterly publications.
  • FDA approves Novartis' Leqvio for cholesterol.
  • Zurich Insurance buys MetLife's property and casualty insurance assets for $3.9 billion.
  • Apple begins to develop its own smartphone modem, which could emancipate it from Qualcomm.
  • FDA advisory committee recommends approval of Pfizer and BioNTech's Covid-19 vaccine.
  • Nippon Telegraph and Telephone issues JPY1 trillion in bonds (approximately $9.6 billion), a record in Japan.
  • Standard Chartered plans to resume dividend payments.
  • Ferrari's chairman, Louis Camilleri, is stepping down with immediate effect, temporarily replaced by John Elkann while a successor is found.