Key earnings releases. The Estée Lauder Companies, Westpac Banking, Siemens Healthineers, Nutrien , Loews, Qiagen , Trigano , Stabilus...

 

Siemens Healthinees raises its annual forecast after its first quarter results.

Westpac: the Australian bank rose sharply during the session after the publication of results up sharply at the beginning of the year.

Belén Garijo is now at the head of Merck KGaA, the first woman to head a major German group.

Apple's lawsuit with Epic Games over the Cupertino firm's app policy begins.

The Financial Times says Credit Suisse earned just $17.5m in commissions on Archegos in 2020, with a $5.4bn loss in 2021.

Royal KPN is pushing back "unsolicited" takeover bids from the EQT / Stonepeak duo and KKR, without giving a price. According to the Financial Times, it was EUR 3 per share.

The start of Tesla's Gigafactory in Germany has been postponed for six months.

Verizon could announce today the sale of its media assets (AOL, Yahoo...) to the Apollo Global Management fund, according to sources.

Intel will invest $600 million in Israel to strengthen its R&D capabilities.

Costa Cruises (Carnival) is taking to the sea again.

Sandoz (Novartis) develops aflibercept biosimilar.

WISeKey appoints Pierre Maudet as Director of Digital Transformation.

TFI International completes acquisition of UPS Freight for $800 million.