Key earnings reports: BHP Group, BlackRock, International Business Machine, Zoetis, Vinci, Assa Abloy, SGS, Barco, Sthree, Wereldhave...

 

  • Pershing Square is giving up its stake in UMG (Vivendi), but Bill Ackman is going to invest through other channels.
  • Capgemini is going to buy Australian group Empired for AU$ 233 M.
  • Valneva and Pfizer finalize enrollment in Phase 2 trial for their Lyme disease vaccine candidate.
  • John Elkann (Agnelli) has been exploring a tie-up with Armani as part of a plan to create a luxury conglomerate around Ferrari, according to Reuters.
  • Zoom Video Communications will acquire cloud software provider Five9 for $14.7B.
  • The White House and Facebook clash over the social network' handling of fake news on vaccines.
  • Johnson & Johnson may transfer its baby powder assets, which are undergoing potentially costly litigation, into a new company before filing for bankruptcy protection, Reuters has learned.
  • Toyota withdraws TV ads linked to the Tokyo Olympics.
  • Telstra in talks to buy Digicel Pacific in an Australian government-backed bid.
  • Ingersoll Rand approached SPX Flow with a $3.5 billion offer but was reportedly spurned, according to the Wall Street Journal.
  • Rivian delayed delivery of its first vehicles to September.
  • SGS reports improved H1 results that are fairly close to expectations.
  • Canon raises its annual forecast.
  • Partners Group acquires 75% of Italy's Eolo on the basis of a €1.2bn valuation.
  • Dormakaba completes the acquisition of Indian Solus Security Systems.