GLOBAL MARKETS LIVE: Pfizer, General Motors, Alphabet…

11/20/2020 | 10:24am

The earnings season is ending, but the news is full of announcements, including those of Pfizer and Sumitomo Mitsui. General Motors is accelerating on electric vehicles.

Earnings season: Naspers, Thai Beverage, Sage Group, Nationwide and Laurent-Perrier are among companies reporting their results today.

Pfizer announced that it has filed an application with the Food and Drug Administration (FDA), the US health authority, for emergency marketing approval (EUA) of its COVID-19 candidate vaccine developed with BioNTech.

The European Union could spend more than $10 billion to secure a supply of hundreds of millions of doses of the coronavirus vaccines developed by Pfizer-BioNTech and Curevac, according to Reuters.

General Motors is increasing its investment in electric vehicles to $27 billion by 2025 from $20 billion previously.

Alphabet is working to encrypt its messaging on Android.

Blackstone and ClearSky invest $400 M in FireEye.

China maintains its flight ban on The Boeing Company's 737 MAX.

Sumitomo Mitsui to buy Kenedix for JPY100 billion.

BuzzFeed acquires competitor HuffPost from Verizon.

Swiss Re confirms its objectives during its Investor Day.

Novartis has entered into an exclusive licensing agreement with the Australian company Mesoblast for a potential treatment for acute lung failure.

Walgreens Boots Alliance strengthens its loyalty program after Amazon.com entered the pharmaceutical market.

The Roblox video game platform is applying for an entry on the NYSE, with an offer of $1 billion.

Romain Fournier
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