• Airbus is said to be on the verge of securing a record order for 500 A320neo Family single-aisle aircraft from the Indian airline IndiGo. In addition, Airbus is seeing greater visibility on its industrial business forecasts, and the start of a more positive trend in deliveries, said Sales Director Christian Scherer.
  • Walt Disney's Pixar animation studios have cut 75 jobs, including those of two executives behind the disappointment of the animated film "Buzz Lightyear", sources told Reuters on Saturday, the first significant job cuts at the studio in a decade.
  • Chevron, Exxon Mobil - Oil groups gain more than 2% in pre-market trading, buoyed by rising oil prices following the announcement by Saudi Arabia, the world's leading exporter, of a production cut in July.
  • 3M Company - The U.S. industrial conglomerate and the city of Stuart, Florida, are making "significant" progress in settling a lawsuit over water pollution linked to PFAS (per- and polyfluoroalkylated substances) toxic chemicals and have sought to delay a trial, according to a court document filed Sunday with a South Carolina court.
  • UBS plans to postpone the publication of its results due to the Credit Suisse transaction. The bank expects to complete the takeover of its rival by June 12.
  • Chemical manufacturers The Chemours, DuPont and Corteva said on Friday that they had reached a settlement on all claims relating to PFAS in US drinking water. For its part, 3M Company reportedly reached a tentative agreement worth at least $10 billion with several US cities to resolve water pollution problems linked to "forever chemicals".
  • General Motors and Stellantis pay $363 million in penalties for non-compliance with US fuel economy standards.
  • Lufthansa takes a minority stake in ITA Airways.
  • Henkel announces further price increases.
  • Cyxtera Technologies - The data center operator filed for bankruptcy protection on Sunday, two years after its IPO, as it struggles to repay its debts and faces a severe funding shortage.
  • Circor International - Private equity firm KKR announced on Monday that it had acquired the industrial machinery manufacturer in a $1.6 billion deal. Circor is up 49% in pre-market trading.
  • U.S. regulators are preparing to tighten capital rules for major U.S. banks, in order to bolster the strength of the financial system after a series of failures, the Wall Street Journal reported Monday.
  • Contemporary Amperex Technology 's market share of batteries for electric vehicles rises from 34.4% in 2022 to 35.9% in the first 5 months of 2023; more than double that of its Chinese rival BYD, which occupies second place, according to SNE Research.
  • Tesla - The American carmaker delivered 77,695 electric vehicles manufactured in China in May, a 2.4% jump on April, data from the China Passenger Car Association (CPCA) showed Monday.
  • Palo Alto will replace Dish Network in the S&P500.
  • Moody's raised EasyJet 's credit outlook from stable to positive, while confirming the company's "Baa3" rating.
  • Walmart reaffirms its goal of doubling international sales in five years.
  • Asos reportedly received a £1 billion offer from Turkish company Trendyol in December, according to the Sunday Times.
  • AstraZeneca announced positive results from the planned interim analysis of the DUO-O phase III trial.
  • Novartis reported positive phase III results with Kisqali combined with endocrine therapy in early-stage breast cancer recurrence.
  • Today's main publications: Gitlab, Science Applications...The full earnings calendar is here.