• Boeing is down after announcing a 10% global workforce cut, or about 17,000 jobs, and warning of widening losses due to a strike by its main U.S. union. The launch of its 777X model has been delayed again, now expected in 2026.
  • Tesla recovering slightly from a nearly 9% drop on Friday, as investors remain skeptical about the commercial prospects of its future robotaxi.
  • Berkshire Hathaway increased its stake in Sirius XM Holding by 3.6 million shares, now holding a 32% stake in the satellite radio company.
  • The FDA is reportedly considering reversing its ban on generic versions of Eli Lilly's weight-loss drugs .
  • FDA approves Pfizer treatment for certain types of hemophilia in the US.
  • Fisker bankruptcy plan approved after agreement on technical support for vehicles.
  • Frasers improves its takeover bid for Mulberry to 150 pence per share, but is again rejected.
  • The Verdi trade union opposes a cross-border merger of Commerzbank, regardless of the nationality of the bidder.
  • Evonik restructures its adhesive resins and healthcare units to streamline operations.
  • Givaudan invests CHF 50 million in Indonesia.
  • Smith & Nephew faces allegations of artificially inflating its profit margins, the Sunday Times reported, citing a report by Dragoneye Research.
  • EasyJet appoints Jan De Raeymaeker as CFO.
  • Kudelski signs partnership with India's Evergent.
  • Veon transfers its headquarters to Dubai after delisting in Amsterdam.
  • X withdraws Unilever from advertising boycott trial.
  • BHP and Vale will face 620,000 plaintiffs in the trial over the collapse of a dam in Brazil, to be held in London.
  • Hyundai 's Indian subsidiary launches a $3.3 billion IPO, the largest ever share sale in the country.
  • TPG Telecom sells its fiber network and fixed-line assets to Vocus for $3.54 billion.
  • Bain makes firm offer for Fuji Soft 7% higher than KKR.
  • Alibaba to collaborate with European fashion brands to boost sales of luxury goods.
  • BYD plans to rapidly increase sales in Germany.

Main publications of the day: Volkswagen AG, Galp Energia, Bossard, Reliance Industries, HCL Technologies…