• General Electric is laying off 20% of its onshore wind workforce in the US.
  • Twitter and Elon Musk are in talks to end litigation and allow the merger to close.
  • Sacyr is considering divestments to accelerate towards its medium-term goals.
  • Norway will increase taxes on the oil industry by 2bn NOK in 2023.
  • Imperial Brands will buy back £1bn of shares.
  • Holcim buys UK materials recycling group.
  • Ford dropped announced an 11% price increase for its F-150 electric pickup due to supply chain tensions and high inflation.
  • Apollo Global Management and Sixth Street Partners, which were considering participating in the financing of Elon Musk's bid for Twitter, have ended discussions.
  • Constellation Brands raised its 2023 like-for-like earnings forecast to a range of $11.20-$11.60 per share from a previous forecast of $11.20-$11.50 per share.
  • Eli Lilly announced Thursday that it has received a fast-track approval from the U.S. Food and Drug Administration (FDA) for the use of Tirzepatif in the treatment of adult obesity.
  • Peloton Interactive is down 1.6 percent in premarket trading in response to a Wall Street Journal report that the company plans to cut another 500 jobs after reducing its workforce by more than 600 since June.