• Barclays helped UniCredit acquire a stake in Commerzbank, according to Reuters. German Chancellor Olaf Scholz condemned UniCredit's “unfriendly” decision towards Commerzbank.
  • Novo Nordisk reports that Ozempic will be available for price negotiation in the US in less than a year's time.
  • DHL's new strategy targets 50% sales growth by 2030.
  • Paris sanctions pharmaceutical companies, including Sandoz, for insufficient stocks.
  • TUI AG confirms its forecasts after a good summer season.
  • Ageas targets average earnings per share growth of 6-8% to 2027.
  • Shell abandons hydrogen project in Norway.
  • Chevron is expected to authorize Chevron's takeover of Hess, according to Reuters.
  • Boeing offers a 30% wage increase to end strike.
  • An Intel-Qualcomm merger is unlikely to be approved by regulators, according to specialists.
  • Constellation Energy is to reopen the Three Mile Island nuclear power plant, with Microsoft's support, to meet AI's enormous energy needs.
  • General Motors and Ford are expected to stop exporting Chinese vehicles to the US if new regulations on automotive software come into force.
  • California accuses Exxon Mobil of misrepresenting its recyclable plastics.
  • Visa faces antitrust proceedings from the U.S. Department of Justice over debit cards, according to Bloomberg.
  • Levi Strauss is behind schedule in achieving its $10 billion sales target, according to the FT.
  • Canadian antitrust regulator wins case against Cineplex for misleading ticket prices.
  • Textron employees in Wichita go on strike after rejection of their labor contract.
  • Luminar Technologies to cut 30% of its workforce this year.
  • Meta's AI chatbot will start speaking with the voices of Judi Dench, John Cena and others, according to Reuters.
  • AMS-Osram to consolidate shares.
  • Basilea launches phase 3 study on antifungal Fosmanogepix.
  • Dunelm's main shareholder sells shares.
  • Schweiter Technologies unveils medium-term objectives.
  • Youngtimers completes CHF 4.2 million capital increase.
  • Nippon Steel asks United States Steelworkers leaders to “come to the bargaining table”. Nippon Steel to sell Posco shares to improve asset efficiency.
  • Miniso shares fall after announcing plans to acquire a stake in Yonghui Superstores.
  • Petrobras seeks a 40% stake in the Galp oil mega-block in Namibia.
  • Astellas obtains European approval for Vyloy in targeted treatment of gastric cancer.