• Valneva obtains positive phase III results for its inactivated and adjuvanted COVID-19 vaccine candidate, VLA2001.
  • Glencore and a consortium of banks have entered into talks with Chad on restructuring the country's commercial debt, which exceeds $1bn.
  • China Evergrande 's $1.7bn sale of its Hong Kong headquarters is failing as the buyer pulls out, according to Reuters, but talks are underway to restructure the group.
  • South Korea's POSCO International has made a $605.56m (MAUD814.8) takeover bid for Senex Energy at AUD4.40 a share.
  • "Big Short" investor Michael Burry says he is no longer betting against Tesla.
  • Philips is lowering its outlook due to a recall and parts shortage.
  • Facebook wants to hire 10,000 people in Europe for its "Metavers".
  • Sydney Airport to recommend SAA consortium's takeover offer, valuing the operator at $17.5bn (AU$23.6bn).
  • Banco de Sabadell to cut up to 1,605 jobs, according to a union.
  • Atlantia will pay €3.4bn to settle a contractual dispute it has had with the Italian state since the 2018 collapse of the Morandi Bridge in Genoa.
  • Roche gets FDA approval for non-small cell lung cancer treatment Tecentriq.
  • Italy is expected to inject more than €5bn into Banca Monte dei Paschi.
  • National Express is given more time to bid for Stagecoach.
  • Aristocrat Leisure to buy Playtech for $2.1bn.
  • Hertz wants to return to the stock market, via Nasdaq.
  • Ineos wants to invest more than €2bn in green hydrogen production.
  • Square CEO Jack Dorsey is looking to build a bitcoin mining system.

Key earnings reports: BHP Group, Investor AB, Philips, State Street, Sandvik, Virbac...