• China Evergrande was reportedly unable to meet conditions for new bond issue and postpones big meeting with creditors scheduled for today.
  • Novartis confirms Sandoz demerger for October 4, 2023.
  • Ford believes there are still major gaps to be filled in order to reach an agreement with the UAW.
  • FTC to file an antitrust complaint against Amazon this week.
  • Swatch Group believes it is on track to achieve its full-year target of CHF 9 bn, but the evolution of the Swiss franc will be decisive.
  • KKR asks Telecom Italia will extend deadline for firm offer on fixed-line network.
  • Moderna reaffirms its strategic partnership with Lonza.
  • Aviva to buy AIG's UK protection business for $563 million.
  • In the absence of suitors, Italy decides not to sell its stake in Banca Monte Dei Paschi en bloc for the time being.
  • Luxshare will manufacture Apple's Vision Pro augmented reality headset.
  • Entain forecasts lower quarterly online gaming revenues.
  • Pendragon has received an amended takeover proposal from Hedin Mobility Group and PAG International at GBX 32 per share.
  • BMW receives the green light to build a battery plant in Bavaria, in a local referendum.
  • Bpost has set aside a €75 million provision following an audit which revealed malfunctions.
  • Samhällsbyggnadsbolaget obtains financing from Brookfield.
  • Norsk Hydro to launch 2 bnOK share buyback program.
  • Italy should allow banks to choose whether to pay the tax on excess profits or strengthen their reserves. Rather good news for the sector compared to the initial announcements.
  • Booking asks national antitrust authorities not to support EU veto on €1.6 bn takeover of Sweden's Etraveli.
  • LG Chem and Chinese group Zhejiang Huayou to produce battery materials in Indonesia and Morocco.
  • Lanxess announces job cuts in Germany. 
  • HP inc - The PC manufacturer fell by 2.5% before the opening, Berkshire Hathaway having sold nearly 4.8 million shares of the company's stock for around $129.2 million, according to a document filed with the Securities and Exchange Commission (SEC).
  • Amazon.com gains 1.1% after announcing on Monday its intention to invest up to four billion dollars in the startup Anthropic, in order to strengthen its position in artificial intelligence.
  • Chinese biotech company I-MAB said on Friday that AbbVie had terminated a 2020 agreement to co-develop and commercialize lemzoparlimab, I-Mab's lead anti-cancer drug.
  • Oracle paid $104.1 million for chips made by Ampere Computing after already investing $400 million in the startup in its fiscal year 2023, documents show.
  • Enovis, a manufacturer of orthotics and orthopedic insoles, is to acquire Italian surgical implant maker LimaCorporate for around 800 million euros, including debt, according to sources close to the deal.