- Equinor believes that the European Commission's proposed gas price cap would not have a substantial impact on its exports to Europe.
- Teva and AbbVie reach legal settlements worth $6.6 billion in the US opioid crisis.
- Dechra Pharmaceuticals and Harbour Energy are set to leave the FTSE 100 index, according to FTSE Russell's indicative changes, replaced by Abrdn and The Weir Group.
- Drax under criticism as the second largest carbon emitter in the UK.
- Johnson Matthey's profit falls due to supply chain pressures.
- HP Inc will cut up to 6,000 employees to reduce costs.
- Manchester United is "exploring its options" and may be sold.
- Pets At Home's half-year profit falls due to higher transportation and energy costs.
- Credit Suisse will cut investment banking and research jobs in China. The bank expects a loss of CHF 1.5 billion in the fourth quarter.
- UBS Group will integrate its French operations into UBS Europe.
- Implenia signs agreements with Deutsche Asset One and Union Investment to develop projects in the German housing market.
- Ems-Chemie lowers its forecast for the current financial year.
- Bavarian Nordic's monkeypox vaccine shows 78% efficacy in new UK analysis.
- Apple - Several hundred employees of a Foxconn factory making iPhones in China protested Wednesday at the site, show images posted on social networks.
- Nordstrom - The department store group reported a slowdown in sales over the past two months and lowered its net profit forecast for the full year to the end of January. The stock fell nearly 10% in pre-market trading.
- Deere & Co - The agricultural machinery manufacturer reported a 75% year-on-year increase in quarterly profit on Wednesday, as price increases due to shortages helped offset rising costs.
- Autodesk fell nearly 9% in after-hours trading Tuesday as its current-quarter guidance fell short of market expectations.
- Vmware - Quarterly revenue and earnings per share came in below the Refinitiv IBES consensus.
Main earnings reports today: Deere, Prosus, Xiaomi, Naspers, Hal Trust, United Utilities, Soitec, Ackermans, Rockwool, Rotork, Britvic... All the agenda here.