• UMG (Vivendi) wants to accelerate its growth and reach a margin of 25% in the medium term.
  • Western Digital and Kioxia are said to be discussing a $20 billion merger, according to the Wall Street Journal.
  • Pfizer and BioNTech submit an application to the FDA for a booster of their covid vaccine.
  • The US opens an investigation into DWS, the asset manager subsidiary of Deutsche Bank, for suspected greenwashing.
  • Delta Air Lines is introducing a $200 monthly surcharge for the insurance of its unvaccinated staff.
  • Snowflake gains 4% after its quarterly results.
  • Shiseido sells bareMinerals, BUXOM and Laura Mercier brands to Advent for $700M.
  • Qantas reports annual loss of AUD 1.83bn and plans to resume international operations by the end of the year.
  • Hexo shareholders approve the purchase of cannabis producer Redecan for CAD 625 M.
  • ON Semiconductor acquires GT Advanced Technologies for $415 million. New CFO at Lonza.
  • Nubank, the Brazilian neobank in which Berkshire Hathaway has invested, could be valued at $55 billion in its IPO in New York, according to Reuters.