- Novartis will cut 8,000 jobs out of 108,000 worldwide, including 1,400 in Switzerland.
- Tesla is laying off several hundred employees working on its Autopilot, according to Bloomberg.
- Just Eat Takeaway is looking for a partner for Grubhub, a sale is not imminent but not ruled out.
- Hennes & Mauritz quarterly results accelerate stronger than expected.
- Nissan recalls more than 300,000 SUVs in the U.S. due to sudden hood opening.
- Pinterest names Google executive CEO to replace Ben Silbermann.
- Grupo Aeroméxico shareholders support delisting from Mexican stock exchange.
- Walt Disney extends CEO Chapek's contract by three years.
- Sika opens new plant in the US.
- Verfora (Galenica) takes over distribution of Boiron products in Switzerland.
- Roche launches new cancer screening system.
- CVC and Nordic Capital offer to buy Cary Group at SEK 65 per share.
- Exxon Mobil and its Canadian partner Imperial Oil will sell their Montney and Duvernay assets in Canada to Whitecap Resources for $1.48 billion.
- Sony launches a new line of headsets and monitors targeting the growing PC gaming market.
- SAS AB and its pilots extend the deadline for their salary negotiations
- Walmart - Texas Attorney General Ken Paxton announced the opening of a civil investigation against Walmart over possible deceptive marketing practices regarding opioids.
- General Mills - The group's cereal, snack and pet food sales exceeded expectations in the fourth quarter.
- Parker-Hannifin - U.K. authorities announced Tuesday that the U.S. engineering and aerospace company had addressed competition and national security concerns over its £6.3 billion takeover of rival Meggitt.
- Eli Lilly said it would provide additional doses of its COVID-19 antibody drug to the U.S. government to meet demand through the end of August.
Today’s main earnings reports: Paychex, General Mills, McCormick, Hennes & Mauritz, Shaw, Trigano... All the agenda here.