Major earnings releases. Tencent, Applied Materials, National Grid, Ross Stores, NN Group, Bouygues, Embracer, Kingfisher, Royal Mail, Dufry, Tikehau... 

  • Cisco: quarterly results are not well received, with the stock plunging more than 5% in the after-hours.
  • Deutsche Telekom: the German operator is targeting 3-5% growth in adjusted earnings each year by 2024.
  • Dufry: the airport retailer continued to suffer from a 68% decline in Q1 revenue to CHF460m, well below expectations.
  • easyJet: H1 loss slightly lower than expected but totaling -GBP701m.
  • Kingfisher: the group is targeting a better-than-expected half-year pre-tax profit.
  • Deutsche Lufthansa suspends coupon payments on its 2075 hybrid bond while government aid remains in place.
  • ByteDance co-founder Zhang Yimin resigns as CEO.
  • Ford and SK Innovation are expected to announce a joint venture in batteries.
  • Blackstone buys St. Modwen for GBp 542 per share.
  • Oatly raises $1.4bn in its IPO on Nasdaq, valuing the Swedish company at around $10bn.
  • Intel 's shareholders rejected the management's compensation plan.