- 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.
Global markets live: JetBlue, BAE Systems, Exxon, Tesco, GM...
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