Romain Fournier

Chief Editor
Having worked in the British, French and Swiss financial press, Romain is able to report on local and international issues, as comfortable in French as in the language of Shakespeare, Romain Fournier leads the editorial team at Marketscreener. Fine connoisseur of the English-speaking markets, Romain delivers an editorial every day on US and UK markets.

Global markets live: WM Morrison, IBM, Didi...

07/05/2021 | 10:38am EDT

As we await the first flurry of half-year corporate releases next week, corporate news is quiet. Unless you're a Chinese digital player, shaken by Beijing's campaign to take over the sector. Or British supermarket chain WM Morrison, which has accepted a takeover offer from an investment fund, but could find itself at the heart of a stock market battle.

WM Morrison accepts a £6.3bn offer from the Fortress fund, or GBp254 per share, after turning down a bid from CD&R that was deemed too low.

Sydney Airport has received an AUD22.26bn ($16.7bn) takeover offer from a group of investors, representing a price of AUD8.25 per share (42% premium to the last quoted price).

International Business Machines President Jim Whitehurst will resign.

The FTC finds Broadcom guilty of pushing for illegal monopolization of the semiconductor market.

China orders its regulators to remove the Didi app from app stores, a day after the Chinese group's New York IPO.

The US Department of Justice launches an investigation into Lordstown Motors.

Holcim definitively rules out a legal row in the US over Cuba. 

© 2021
Stocks mentioned in the article
ChangeLast1st jan.
AMAZON.COM, INC. 0.19% 2146.38 Delayed Quote.-35.75%
AUPLATA MINING GROUP - AMG 8.40% 0.0258 Real-time Quote.-23.23%
BROADCOM INC. -4.27% 546.21 Delayed Quote.-14.25%
DIDI GLOBAL INC. 6.62% 1.61 Delayed Quote.-69.68%
ECOSLOPS SA 2.09% 8.78 Real-time Quote.-0.46%
FERMENTALG 2.36% 2.6 Real-time Quote.-18.33%
GENSIGHT BIOLOGICS S.A. 1.13% 2.148 Real-time Quote.-61.80%
HOLCIM LTD -0.78% 46.86 Delayed Quote.1.55%
HON HAI PRECISION INDUSTRY CO., LTD. 0.47% 107.5 End-of-day quote.3.37%
ISTOXX FP GR DEC 2.54 (EUR) -0.28% 51.98 Delayed Quote.18.05%
LORDSTOWN MOTORS CORP. 0.00% 2.35 Delayed Quote.-31.88%
MARE NOSTRUM -0.67% 2.98 Real-time Quote.4.53%
NEOVACS -2.68% 0.211 Real-time Quote.-95.66%
NICOX SA. 3.15% 1.836 Real-time Quote.-30.33%
OCUMENSION THERAPEUTICS -1.51% 10.44 Delayed Quote.-39.43%
QUANTUM GENOMICS -2.34% 1.924 Real-time Quote.-54.04%
REPSOL S.A. -1.63% 14.44 Delayed Quote.40.67%
SPARTOO -1.48% 2 Real-time Quote.-48.61%
SYDNEY AIRPORT STAPLED SECURITIES 0.11% 8.72 End-of-day quote.0.46%