Global markets live: Facebook, AngloGold, Didi, Weibo, Daimler...

07/06/2021 | 11:10am

US social networks are threatening to stop providing their services in Hong-Kong after a new privacy law. Volkswagen finds a solution for the Bugatti brand. Bridgepoint Group confirmed that it will undertake an IPO in London.



  • Daimler is still affected by semiconductor shortages.
  • Ocado Group  lowered its losses in the first half and said that it is keeping its full-year forecasts unchanged.
  • Porsche(Volkswagen) creates a joint venture with Rimac integrating Bugatti. The Croatian will hold 55% of the shares.
  • J Sainsbury's comparable retail sales for the first quarter of fiscal 2022 progressed. As a result it raised its guidance for the full year.
  • AngloGold appoints Alberto Calderon as CEO.
  • The Italian Ali Group improves its offer to buy Welbilt to USD 24 per share in cash.
  • Circular BidCo raises its offer for Sicit to EUR 16.80 per share.
  • Rieter will publish its updated forecasts on July 15. 
  • Bridgepoint Group confirmed that it will undertake an IPO in London and raise around 300 million pounds ($415.4 million).
  • Didi was down 25% in pre-market trading ahead of its first session since Chinese authorities suspended the Chinese Uber app, days after it listed on the New York Stock Exchange.
  • Weibo climbed 22 percent in pre-market trading on Tuesday after sources told Reuters that its CEO, Charles Chao, was in talks with a public investor to delist the Chinese social networking giant.
  • Twitter no longer has legal immunity over content posted by its users in India because the U.S. group is slow to appoint officials to monitor the compliance of posted content.
  • Facebook, Twitter and Google have announced that they may stop offering their services in Hong Kong if a controversial privacy law is enacted.
  • Apollo Global Management - The U.S. private equity group entered the battle for British supermarket chain Morrisons on Monday, saying it was considering a bid.
  • Welbilt - Italy's Ali Group is raising its bid for the food processing and foodservice equipment specialist to $24 a share in cash, compared with a previous $23 offer from U.S. firm Middleby.
  • Brookfields Business Partners is to acquire U.S. parts maker DexKo Global from private equity firm KPS Capital Partners for $3.4 billion.


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