- Fomento Economico Mexicano (FEMSA) will buy Valora at CHF 260 per share.
- J Sainsbury revenues fall 4% ex-petrol in fiscal Q1.
- China Evergrande Group is seeking support from overseas creditors to fight a liquidation petition filed against the cash-strapped Chinese property builder in Hong Kong, Reuters reports.
- Germany is negotiating a rescue for Uniper.
- Scandinavian airline SAS AB files for Chapter 11 protection in the United States.
- Foxconn (Hon Hai Precision) raises its annual forecast on strong technology demand.
- Credit Suisse appoints a new private banking boss in Switzerland.
- AstraZeneca acquires TeneoTwo for up to $1.27 billion.
- Fagron acquires U.S. outsourcing facility from Fresenius Kabi.
- SGS completes acquisition in the United States.
- JPMorgan Chase, Comcast, Repsol, Quest, Acciona detach their dividends.
- Wuxi Biologics hopes to get off U.S. commercial blacklist.
- Tesla reported on Saturday a 17.9% drop in second-quarter electric vehicle deliveries to 254,695 due to the impact of health restrictions in China on its production and supply chain.
- Exxon Mobil - The U.S. oil company said Friday that higher margins on fuel and crude sales could generate a record second-quarter profit of $16 billion.
- Warner Bros. Discovery was down 6% in premarket trading after reports in Variety magazine that its HBO Max video-on-demand service will cease production of original content in several European countries.
Main publications of the day: Fast Retailing, Repsol, Nordnet... All the agenda here.