Company news is relatively quiet to start this second week of June. On the financial front, Reckitt Benckiser sold its infant milk business in China and a trio of investment funds will take control of Medline. Ryanair should tackle the umpteenth recapitalization of Alitalia and Euronext is divesting a small Norwegian subsidiary.
Carrefour and Tesco will not renew their three-year purchasing partnership which expires this year.
Ryanair will appeal against state aid to the new Alitalia, according to La Repubblica.
Siegfried has now overcome the challenges of the cyberattack.
Novartis ' Iptacopan met primary endpoint in phase II in IgA nephropathy.
Alphabetalso reached an agreement with the French competition authority to settle a dispute over abuse of a dominant position in online advertising, while agreeing to pay a fine of 220 million euros.
AppleCEO Tim Cook and his team kick off an annual conference of app developers on Monday, a highly anticipated speech as the California giant faces legal action over the management of its app store.
Microsoftgot the green light from U.S. authorities to buy artificial intelligence and text-to-speech specialist Nuance Communications for $16 billion, according to a Nuance filing.
Teslahas canceled the launch of the "Plaid+" version of its Model S, which would have offered the longest range in its lineup, Elon Musk, the electric carmaker's chief executive, announced Sunday on Twitter.
Biogenis up 3.4% in pre-market trading as it awaits the Food and Drug Administration's opinion on its Alzheimer's treatment.
A consortium of private equity funds led byBlackstoneandCarlylehas signed a definitive agreement to buy a majority stake in the medical equipment groupMedline Industriesat a total valuation of more than $30 billion, according to several sources close to the matter.
Australian software companyAltiumrejected a takeover offer fromAutodeskfor $3.9 billion, which it said was not enough, but left the door open for an improved proposal.
Macquarie Infrastructureis about to sell its unlisted subsidiary Atlantic Aviation to KKR for about $4.5 billion, sources close to the matter said.