- French energy group Engie acquires US battery storage specialist Broad Reach Power under undisclosed financial terms.
- Airbus sells 12 A350s to Qantas, which also orders 12 B787s from Boeing.
- Goldman Sachs, JPMorgan Chase, Morgan Stanley and UBS agreed to pay $499 million to settle an antitrust lawsuit filed by investors accusing them of stifling competition in the stock-lending segment.
- Stellantis is considering a collaboration with Chinese electric vehicle company Zhejiang Leapmotor Technologies, Bloomberg reported. In addition, the automaker signs an agreement with AGI to support the electrification of US dealerships and EV charging.
- Swiss Prime Site confirmed 2023 targets.
- Janssen (Johnson & Johnson) is to close almost all its vaccines division.
- CVS Health said Wednesday it had launched a new company called Cordavis that will work directly with manufacturers to market and co-produce biosimilar drugs for the US market.
- Sportswear sector hit by warnings from Dick's Sporting Goods and Foot Locker.
- Allianz obtains authorization to set up a fund management unit in China.
- Esmark abandons bid for United States Steel.
- Volkswagen lifts semiconductor shortage warning.
- UBS is close to deciding whether or not to keep the Crédit Suisse brand in the Swiss market.
- AstraZeneca sued for adverse reactions to COVID-19 vaccine in London.
- GAM Holding begins negotiations with a group of investors following the failure of its merger with Liontrust.
- CVS Health launches a unit to market and co-produce biosimilars.
- Intertek acquires mobile workforce activation platform PlayerLync.
- FDA panel rules against use of Medtronic blood pressure device.
- Sika to redeem early its convertible bonds due 2025.
- Boeing 737 MAX deliveries disrupted again.
- Drax chairman to step down at the end of the year, successor appointed.
- Shell commissions Goldman Sachs to study the sale of its Singapore refinery.
- Fitch downgrades Country Garden debt to speculative grade.
- Salcef wins a 35 MEUR contract for the Jubilee project.
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