- Siemens Energy extends CEO contract as recovery continues.
- Diageo confirms medium-term outlook ahead of 2024 AGM.
- Evotec and Novo Nordisk enter into technology development partnership.
- BASF plans to list part of its agricultural business. The Group plans to pay out at least twelve billion euros to its shareholders between 2025 and 2028.
- Hennes & Mauritz launches a SEK 1 billion share buyback program.
- Polish fashion retailer LPP confirms its target of annual sales of $5.5 billion.
- Grifols is one of the companies targeted by disciplinary proceedings brought by the Spanish financial regulator.
- Trinidad selects Shell as preferred bidder for shallow water block.
- Metso strengthens its position with the acquisition of crusher and crushing equipment companies.
- Anheuser-Busch Inbev invests $16 million to expand capacity at Los Angeles brewery.
- Property giant New World Development's stock suspended in Hong Kong.
- South Korean battery manufacturer SK Innovation plans to reduce its workforce, according to sources.
- Toyota terminates its sponsorship contract for the Olympic and Paralympic Games.
- In Japan, some shareholders of Seven & i Holdings, fed up with the strategy, welcome a foreign offer.
- Macquarie and pension funds sell a 74% stake in Queensland Airports to the KKR consortium.
- MercadoLibre fintech applies for a banking license in Mexico.
- Platinum Asset Management rejects Regal Partners' $420 million takeover bid.
- Wolves among wolves: Google files an anti-competitive complaint with the European Commission regarding Microsoft's cloud activities.
- Blackstone confirms $13 billion investment in UK AI data center.
- Southwest Airlines outlined a strategy to solve profitability problem and raised its third-quarter forecast for revenue per available seat kilometer.
- Amgen fell 5% yesterday after disappointing clinical results.
- Pfizer withdraws its sickle cell anemia treatment from all markets.
- Meta presents the connected glasses of the future and lowers the price of its virtual reality headset.
- Striking machinists resume negotiations with Boeing on Friday, according to the union.
- Canadian payment software company Lightspeed is considering a sale, according to sources.
- American Eagle Outfitters sues Amazon for infringement of the “Aerie” trademark.
- Nano Dimension to buy Markforged.
- Micron Technology jumps 15.6% in pre-market trading, as the memory manufacturer anticipates better-than-expected sales for the current quarter, against a backdrop of solid demand for its artificial intelligence chips.
- Visa has hired antitrust lawyers in a new lawsuit initiated by the U.S. Department of Justice accusing the payments giant of monopolizing the debit card market.
- Exxon Mobil has proposed a $10 billion investment in offshore oil operations as part of a new investment plan in Nigeria, the management told Reuters.
Global markets live: Diageo, Southwest Airlines, Toyota, Blackstone, Pfizer....
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