Earnings season. Toyota Motor, T-Mobile US, Novo Nordisk, Bristol-Myers Squibb, Aviva, ING Groep, Siemens AG, Zoetis, Adidas, Nintendo, AXA, Henkel, Glencore, Crédit Agricole, KBC and Beiersdorf are among companies reporting their earnings today.

-A few results:

Adidas: the German group reported Q2 revenues of €3.58bn, against a consensus of €3.24bn.

Embraer: the Brazilian aerospace group lost €315.2m in Q2, after delivering only 17 aircraft.

ING Groep: the Q2 result fell by 79% to €299m, due to provisions for bad and disputed debts.

Deutsche Lufthansa: Q2 net loss reaches €1.5 M. The carrier does not expect a return to the 2019 situation before 2024.

MetLife reported a 43% decline in quarterly earnings just after the close yesterday, led by lower revenues from insurance premiums and capital investments.

Novo Nordisk: the specialist diabetes laboratory reported slightly better than expected results and raised its 2020 target.

Pirelli: Q2 results are in line with expectations and even slightly better than expected on cash flow. However, the company has lowered its forecast, which is still close to market expectations.

Siemens AG: the group published a much higher than expected Ebitda for its industrial division, at €1.79bn, even including capital gains on disposals. Turnover of €13.49 billion, down 5%, is however lower than expected.

Symrise: the fragrance and flavor chemist improved its interim results and confirmed its sales projections for 2020 and 2025. It has even raised its Ebitda margin to between 21 and 22% for 2020.

Toyota Motor: the Japanese carmaker reported only JPY13.9bn in profits in the last quarter, down 98%. However, analysts feared a loss of around JPY179bn. Toyota still expects to achieve a full year operating profit of JPY500 billion.

UniCredit: The Italian bank exceeded expectations in the second quarter, despite an inevitable increase in bad and disputed loans. Net profit reached €420 million compared to €1.85 billion a year earlier. Previously announced projections were reiterated.

Zynga: the stock gained 4% in the off-season following the publication of its quarterly results.

Pocket money. Amazon.com CEO Jeff Bezos has sold $1.9bn worth of shares in recent days. The world's richest man still owns 54.9 million shares of the company he created, which are currently valued at around $176 billion.

Vaccines for Canada. Canada signs agreements with Pfizer and Moderna for the delivery of millions of doses of their Covid-19 vaccines. The government has not specified the amount of these agreements or the specific number of doses that would be delivered.

Reels deployed worldwide. TikTok is going to invest 420 M€ in its first data center in Europe, in Ireland, while Facebook could benefit from the Chinese company's setbacks with Reels on Instagram. This application allows to make short videos. It has already been available in France and Germany since June, and will be launched in 50 markets as of today, including the United States.

In other news. S&P downgraded Boeing's "BBB-" credit rating from stable to negative. Exxon Mobil estimates that 20% of its current reserves are threatened by low prices. Facebook and Twitter have deleted a video of Donald Trump claiming that children are almost immune to the coronavirus. Meggitt is considering a $600 million capital increase, according to Bloomberg. Tecan signs a cooperation agreement with Thermo Fisher.