- 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.
GLOBAL MARKETS LIVE: AirBnb, Oracle, Lululemon…
Airbnb takes off for its first listing session, Morgan Stanley is expected to transfer around €100bn of assets from London to Frankfurt, and the FDA advisory committee recommends approval of Pfizer and BioNTech's Covid-19 vaccine.