• Sika will divest assets to avoid antitrust wrath in MBCC takeover.
  • Ford Motor  asked for a retrial in the case that earned it a $1.7 billion award last month in a fatal crash involving one of its commercial vehicles.
  • Biffa accepts a GBp 410 per share cash offer from ECP.
  • Nexi expects to generate €2.8bn of excess cash over 2023/2025.
  • Siemens Gamesa CEO believes he will turn around the onshore wind business in 2022.
  • Generac Holdings enters the portable battery market.
  • Georg Fischer confirms its 2025 targets.
  • Stanley Black & Decker and TerraCycle launch free recycling program for appliances and tools.
  • Tesla is expecting its Shanghai plant to be at about 93% capacity through the end of the year, according to a Reuters report.
  • Exxon and Chevron Oil Groups are up about 1.4% each in premarket trading as oil prices rebounded Tuesday from a nine-month low.
  • The U.S. Department of Transportation on Monday proposed that fees for baggage, ticket changes and seat selection on airlines be presented to consumers at the outset of their reservations.
  • Biogen, accused by a whistleblower of bribing doctors to prescribe multiple sclerosis treatments, reached a $900 million settlement with the U.S. Department of Justice, the department announced Monday.
  • Uber - Stellantis' car-sharing division, Free2move, and Uber announced Tuesday an agreement to accelerate the U.S. ride-hailing giant's transition to electric vehicles in France.
  • Grab Holdings - The Asian VTC and meal delivery services specialist expects to break even on an adjusted EBITDA basis by the second half of 2024, its executives said Tuesday. Grab shares are up 1.1% in pre-market trading.
  • Nautilus - The home fitness equipment maker was up 8% in premarket trading in reaction to Monday's announcement of a strategic review that could lead to the sale of the group.
  • Splunk - The software company announced the departure of its CEO Jason Child, who will take over Arm, the semiconductor subsidiary of Japanese conglomerate SoftBank Group.