• The merger between UBS and Credit Suisse could lead to 25,000 to 36,000 jobs, according to the SonntagsZeitung.
  • In addition, the FT says that the Swiss justice system has opened an investigation into the deal.
  • Tesla delivers just under 423,000 vehicles in Q1, very close but slightly below consensus.
  • ENI is engaged in five UK government-funded carbon capture projects worth £20bn.
  • McDonald’s is temporarily closing its U.S. offices this week to inform employees of planned layoffs as part of a broader restructuring of the group, the Wall Street Journal reported Sunday.
  • Extra Space Storage, Life Storage - The real estate investment trust said Monday it would acquire rival Life Storage Inc for $12.4 billion in an all-stock deal. 
  • Ovintiv - The US oil and gas producer said on Monday it had reached an agreement to acquire oil assets in the Permian Basin from three companies controlled by EnCap Investments for about $4.3bn. 
  • Western Digital - The maker of data storage devices said Monday it was investigating a network security incident after a breach in some systems disrupted parts of its business operations.
  • Biogen, Eli Lilly - The U.S. Institute on Aging (NIA) will fund a six-year, $300 million maximum project to create a major database for Alzheimer's research, officials told Reuters.
  • Apellis - The biotech company has drawn interest from major drugmakers for a buyout and is meeting with advisers to explore its options, Bloomberg News reported.
  • Bed Bath & Beyond - Mark Tritton, who was ousted as chief executive of the troubled home goods retailer in June, filed a complaint Friday in a New York state court accusing the company of not honoring his $6,765,000 severance agreement.
  • Lafarge, now owned by Holcim, has been "infiltrated" in Syria "by French services", according to former CEO Bruno Lafont.
  • Holcim is also finalizing the purchase of the American Duro-Last.
  • The union representatives of ThyssenKrupp have drawn up a report on the failure of the restructuring plan aimed at transforming the conglomerate into a holding company with interests in its divisions without necessarily exploiting them.
  • California and three other states are joining the fight in the U.S. to stop JetBlue from buying Spirit Airlines.
  • Wärtsilä signs a long-term operations and maintenance agreement with Brazil's Rio Amazonas Energia.