- Renault's decision to resume car manufacturing in Russia has drawn sharp criticism from its largest shareholder, the French government, according to The Telegraph.
- Adobe - The share of the Photoshop editor was down 2.9% in pre-trade after the announcement of profit forecasts and sales for the current quarter below expectations. Several analysts have also lowered their price target on the stock.
- Severstal may default on a dollar bond today, according to the WSJ.
- ZTE soars 60% after the investigation targeting the company in the U.S. ends.
- Luxury house Lanvin may enter Wall Street via SPAC Primavera Capital Acquisition.
- Authentication specialist Okta falls victim to hacking.
- Toshiba's elevator division, valued at $4 billion, is said to have some suitors.
- TotalEnergies is gradually winding down its activities in Russia.
- CLS Behring holds 94% of Vifor's shares at the end of the offer.
- Chinese regulators are pushing Alibaba and Baidu for more accounting transparency to help maintain their U.S. listing, according to Reuters.
- Elliott Consortium may offer an improved bid for Nielsen Holdings.
- Cresco is negotiating to buy Columbia Care for $2 billion, according to Reuters.
- Chinese developer Kaisa delays earnings release due to Shenzhen lockdown.
- The Boeing Company - One of the two black boxes of the China Eastern Airlines 737-800 plane that crashed in the mountains of southern China on Monday has been found, a representative of the Civil Aviation Administration of China (CAAC) said Wednesday.
- Apple - Several services of the American group, including Apple Music and the online store App store, affected Tuesday by an outage for the second consecutive day, are back in operation, shows a web page of the company.
- Crédit Agricole suspends its activities in Russia.
- Intel, Micron - Executives from both companies are expected to make a plea to the U.S. Senate Commerce Committee on Wednesday for increased federal support for semiconductor production.
- Western Digital - Kioxia Holdings announced Wednesday that it plans to build a new flash memory chip production facility with Western Digital in northern Japan. According to a source, the investment could be worth about 1 trillion yen.
- Gamestop - Billionaire Ryan Cohen's company acquired 100,000 shares of GameStop stock, according to a stock exchange notice published Tuesday. The video game distributor's stock climbed 11.7 percent Wednesday before the Wall Street opening.
- General Mills - The food company on Wednesday raised its full-year profit and revenue forecasts, helped by higher selling prices and strong demand for pet food products.
- Exxon Mobil - The oil company announced Tuesday that it has hired Dan Ammann, former president of General Motors, to lead its energy transition business effective May 1.
Main earnings reports today: Tencent, Wuxi Apptec, Cintas, General Mills, ENBW, Raymond James, KB Home, Auto1...