• JetBlue will not appeal a U.S. court ruling forcing it to end its alliance with American Airlines.
  • Threads managed to get 10 million subscribers on the day of its launch, Meta Platforms said of the social network inspired by Twitter.
  • ThyssenKrupp and Industrie De Nora set the IPO price for Nucera, valued at €2.5 billion, at €20 per share.
  • Leonardo and BAE Systems win £870m UK government contract.
  • Exxon announces a fall in profits, due to lower natural gas prices and refining margins.
  • Tesco offers virtual medical appointments to employees and their families in the UK.
  • Jet2 returns to profit for fiscal 2023.
  • Aegon launches a €1.5 billion share buyback program.
  • General Motors reports a 19% annual increase in US deliveries in the second quarter.
  • Boeing wins a contract to produce CH-47F helicopters for South Korea and Spain.
  • Sika acquires a US manufacturer of shotcrete and injection products.
  • Moderna files marketing authorization applications for its RSV vaccine in the USA and Europe.
  • BioNTech and UK government sign agreement for cancer vaccine trials.
  • Meta Platforms gained 1.7% in pre-market trading the day after the launch of Threads, an application designed to compete with Twitter, which the company claims has already attracted 10 million subscribers.
  • Exxon Mobil, which will publish its results on July 28, is expected to post a sharp fall in second-quarter operating profit due to lower natural gas prices and reduced margins in oil refining, according to a regulatory notice. The share price was down 0.9% in pre-market trading.
  • JetBlue Airways lost 1.2% in pre-market trading, as the low-cost carrier announced its intention to terminate its alliance with American Airlines, which would give up 1.12%, to save its planned merger with Spirit Airlines, up 2.04%.
  • Coty was up 2.1% after raising its annual operating profit forecast to $965 million-$970 million from $955 million-$965 million previously.