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GLOBAL MARKETS LIVE: Bank of America, Pfizer, Tesla…

12/01/2020 | 10:44am

Bank of America is giving up financing Arctic drilling, S&P Global confirms the takeover of HIS Markit, and Tesla will finally join the S&P500 in one go despite its stock market stature.

Pfizer and BioNTech announced Tuesday that their Covid-19 vaccine could be available in Europe before the end of the month after filing a conditional marketing authorization with the European Medicines Agency.

S&P Global has confirmed the friendly takeover of IHS Markit for $44 billion, which has yet to pass the antitrust authorities.

Exxon Mobil is recording a charge of $17-20 billion in its accounts due to the abandonment of its less strategic projects.

The FDA will review Moderna's Covid-19 vaccine application on December 17.

Tesla will eventually enter the S&P500 in a single filing.

Bank of America withdraws funding for drilling in the Arctic.

Bayer recovers €1.65 billion from the equity offering.

Adecco raises its medium-term profitability ambitions at its Investor Day.

Facebook acquired from Kustomer, a start-up specialized in customer relationship management.

Zoom Video's results are improving, but are down by 5% post session.

The German regulator suspects that EY knew it had produced a "factually false" Wirecard audit in 2017.

António Horta-Osório proposed as chairman of the board of Credit Suisse.

Onex sells its remaining 10.1% stake in SIG Combibloc.

Rapid Nutrition wants to leave the Zurich stock exchange.

Roche obtains approval in the USA for its Covid-19 serological test.

In the UK, Philip Green's Arcadia textile empire is in great difficulty.

Romain Fournier
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