• Tod's triples first-half operating profit.
  • Smurfit Kappa and WestRock discuss merger.
  • Thomson Reuters, Blackstone and other shareholders place 43.1 million shares in the London Stock Exchange, a transaction involving over £3 billion in capitalization.
  • SAP is said to be on the verge of buying software management company LeanIX, according to Handelsblatt.
  • SK Hynix launches investigation following discovery of its chips in Huawei phones.
  • Fitch downgrades Ford's credit rating and investment grade to "BBB-".
  • Nestlé to take control of Brazilian chocolate maker Grupo CRM from Advent International.
  • British American Tobacco has sold its activities in Russia and Belarus to a consortium led by members of BAT Russia's management team.
  • T-Mobile US (Deutsche Telekom) plans a shareholder return program of up to $19 billion.
  • Johnson & Johnson terminates late-stage study of its investigational drug macitentan to treat a type of hypertension.
  • Comcast has agreed with Walt Disney to advance the deadline for the sale or acquisition of Comcast's remaining stake in Hulu to September 30.
  • Direct Line Insurance sells its commercial insurance brokerage business for £520 million.
  • Barry Callebaut embarks on a major restructuring.
  • DuPont completes a $3.25 billion accelerated share buyback and launches a new one for $2 billion.
  • Larsen & Toubro wins contracts worth $2.9 billion from Saudi Aramco.
  • WeWork renegotiates almost all its leases and plans to leave "unsuitable and underperforming" sites.
  • Ex-Elia boss appointed CEO of Bpost.
  • Apple lost a further 2.5% in pre-market trading on Thursday, after closing in the red (-3.6%) the previous day, following reports that China has banned government agency officials from using iPhones for business purposes. This ban could be extended to all Chinese state-owned companies, according to Bloomberg.
  • Gamestop gained 4.8% in pre-market trading after the company reported second-quarter sales ahead of Wall Street expectations, driven by strong demand for video games.
  • American Eagle Outfitters lost 3.5% in after-hours trading after reporting second-quarter sales just in line with analysts' expectations, even though the stock has risen by 70% since May, noted a CFRA Research analyst.
  • Blackberry fell by 11.6% in pre-market trading, the Canadian group having missed Wall Street expectations on its quarterly sales, with the cybersecurity segment in particular struggling.
  • Chargepoint Holdings plunged 10.5% in premarket trading after the electronic vehicle charging specialist's full-year sales forecast fell short of analysts' expectations.
  • Uipath was up 4.6% in pre-market trading, as the automation software specialist raised its annual sales figure following better-than-expected quarterly results.
  • WestRock jumped 8.2% in pre-market trading after the opening of merger talks between the American packaging specialist and its European competitor Smurfit Kappa.