- The SEC is asking Elon Musk for an explanation of his Twitter stake.
- Siemens Mobility (Siemens AG) won a $9 billion contract to supply high-speed trains for Egypt's new rail system.
- Assicurazioni Generali's second-largest shareholder is resigning from the board of directors after the attempt to replace the company's CEO failed.
- Shell gives the green light to a $2.5bn Crux gas project offshore Australia.
- Cellnex Telecom is considering a partnership with Canadian investment firm Brookfield Asset Management to jointly acquire Deutsche Telekom's tower subsidiary, according to Bloomberg.
- Reckitt sees its U.S. market share in infant milk climb due to Abbott's problems.
- Former Glencore executives are personally involved in bribery schemes, according to Bloomberg.
- UK antitrust opens investigation into Sika's takeover of MBCC Group.
- Volkswagen faces new charges related to the dictatorship in Brazil, this time for "slave-like" practices between 1974 and 1986.
- Kuehne + Nagel signs a contract with Shell in the Netherlands.
- Norwegian to buy 50 B737 MAX and option 30 more.
- Toyota produces fewer vehicles than expected in April due to shortages.
- Novartis received extended approval from the US Drug Administration for its cell-based therapy Kymriah.
- AGL Energy abandons plans to spin off. The Chairman resigns.
- Pinduoduo returns to profit in the first quarter, with revenues exceeding expectations.
- DSV holds an investor day.