• Valneva received notice of termination by the UK government of its contract to supply COVID-19 vaccines, a massive blow to the company.
  • Beijing will partially dismantle Alipay (a subsidiary of Alibaba's Ant Group) and force it to house its user data in a joint venture with the state, according to the Financial Times.
  • Francesco Gaetano Caltagirone and Leonardo Del Vecchio are reportedly in favor of replacing Philippe Donnet at the helm of Assicurazioni Generali.
  • Epic Games will appeal a U.S. judge's decision, which does not consider Apple a monopoly, but grants some of the plaintiff's requests.
  • Beijing asks Alibaba and Tencent to stop blocking each other.
  • Ryanair 's boss still thinks consolidation is needed in European skies, after Wizz Air' s rebuffed bid for EasyJet.
  • Blackstone has abandoned a plan to acquire Chinese property developer Soho China for $3bn.
  • Walt Disney will release the rest of its 2021 movies in theaters first.
  • Taiwan Semiconductor will build a new advanced chip factory in Taiwan.
  • Marks and Spencer is considering restructuring in France.
  • Kansas City Southern endorses Canadian Pacific's $27 billion bid.
  • ABB chairman predicts Europe's reindustrialization.
  • ViacomCBS is reorganizing the operations of its film and television production unit Paramount Pictures.
  • Australian regulator blocks partnership between Qantas and Japan Airlines.
  • General Motors estimates chip shortage will affect 200,000 vehicles in the second half. 
  • According to Bloomberg, Carlyle wants to divest or take Novolex public, which could be worth $6 billion.
  • Relief Therapeutics is complaining again about its partner Neurorx.
  • Amazon is reportedly interested in broadcast rights to NFL "Sunday Ticket" games.
  • Stripe is reportedly preparing for an IPO in 2022.