- 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.