*Bayer plans to launch the sale of its agrochemical division Bayer Environmental Science (BES), valued at €2bn, this summer, Reuters has learned.

*Aramco and Sabic will finance 60% of the $1.3 trillion program launched by Saudi Arabia to diversify its economy.

*Wells Fargo closed its exposure to Archegos with no losses.

*Hennes & Mauritz's quarterly loss a little smaller than expected.

*Volkswagen's April 1 joke in the U.S. was not well received in the U.S.: the group will not rename itself Voltswagen after all.

*PayPal will accept cryptocurrency payments in the United States.

*Hitachi will buy American GlobalLogic for $8.5 billion.

*U.S. FTC opposes Illumina's takeover of Grail.

*Fujifilm CEO to step down.

*Lululemon Athletica's results receive a lukewarm reception.

*Mitsubishi UFJ shaken on stock markets after announcing $300 million in losses likely related to the Archegos deal.

*S&P downgrades Credit Suisse's A+ rating outlook to "negative".

*Germany restricts AstraZeneca vaccine for people under 60.

*Partners Group is negotiating an exit from Cerba, which will be acquired by EQT for $5.3 billion.