António Horta-Osório leaves the presidency of Credit Suisse less than a year after his arrival, replaced by Axel Lehmann.

Unilever has confirmed that it has approached GlaxoSmithKline with a view to buying its consumer healthcare business for £50bn. GSK rejected the offer.

Pfizer plans to invest in France.

The investment fund Sixth Street Partners is reportedly in advanced discussions to buy a minority stake in the power generation subsidiary Enipower of Italian group Eni.

Volkswagen could reduce its stake in its battery division, which could be listed on the stock exchange, according to Thomas Schmall (member of the management board) to FAZ.

Stadler Rail has won the largest order in its history, worth up to €4 billion, from a consortium of six German and Austrian companies for Citylink streetcars.

Triton raises its offer for Clinigen to GBp 925.

Several US states are accusing Google and Meta Platforms (ex-Facebook) of collusion in the online advertising market.

Ardian to buy Biofarma for €1.2bn.

Cheplafarm launches its IPO in Frankfurt.

Main earnings releases: The Charles Schwab, Rio Tinto, Repsol, Taylor Wimpey, Fraport...