• Casino revises down its financial forecasts for 2023. 
  • Orpea warns that its financial targets will not be met this year.
  • Carrefour - The French retailer has reached an agreement with Belgian group Louis Delhaize to acquire the Cora and Match banners in France for €1.05 billion, i.e. 60 hypermarkets and 115 supermarkets, which employ 24,000 people in France and generate €5.2 billion in annual sales excluding VAT.
  • BP Plc and TotalEnergies win a $14 billion tender for offshore wind farms in Germany. TotalEnergies and its partners make the final investment decision on the RG LNG project in Texas.
  • Barry Callebaut suffered a drop in volumes in the current financial year, weighed down by the downturn in the chocolate and confectionery markets. Figures look close to expectations.
  • BASF cuts its earnings forecast for 2023.
  • Continental expects second-quarter sales to be in line with estimates.
  • Polypeptide revises its forecasts downwards.
  • Swatch improved its half-year results, with net profit of CHF 486 million on sales of CHF 4.02 billion.
  • Broadcom obtains conditional approval from the European Commission for its acquisition of VMware.
  • Walt Disney extends CEO Bob Iger's contract by two years.
  • Amazon takes legal action against new rules imposed by the EU.
  • Enel sells its portfolio of Chilean photovoltaic power plants for $550 million.
  • Orsted gets the green light from the UK government for a 2.6 GW offshore wind farm.
  • Volkswagen enters the electricity trading business.
  • Tod's announced on Wednesday the departure of its artistic director Walter Chiapponi, without giving the name of his successor.
  • Pepsico again raised its sales and annual profit forecasts, betting on solid demand for its products as well as price increases.
  • Delta Air Lines raised its earnings guidance for 2023 on Thursday, after posting adjusted earnings of $2.68 per share in the second quarter, above the $2.40 average expected by analysts surveyed by Refinitiv. 
  • Meta Platforms is about to launch a commercial version of its artificial intelligence model, enabling start-ups and companies to create customized software, reports the Financial Times. The social networking group gained over 1% in pre-market trading. It faces EU accusations of abuse of Facebook marketplace.
  • The Federal Trade Commission (FTC), the US competition authority, said on Wednesday it was appealing a federal judge's decision to allow Microsoft to buy video game publisher Activision Blizzard for $69 billion.
  • Tesla has begun talks with the Indian government on an investment project to set up a car plant in India with an annual capacity of up to 500,000 vehicles, according to Times of India.
  • Carlyle and Trustar Capital are seeking to partially divest McDonald's operations in Hong Kong and mainland China, in a deal that would raise $4 billion, Bloomberg reported, citing people familiar with the matter.
  • Main earnings reports today: PepsiCo, Progressive, Fast Retailing, Cintas, John Wood, Hays, Watches of Switzerland, Fastenal, Experian... All the agenda is here.