- Bloomberg reports that Apple plans to increase the shipment of its new iPhones by 10% in 2024. Additionally, the EU antitrust authorities have accepted Apple's proposal to open its "tap-and-go" mobile payment system to rivals, potentially concluding a four-year investigation without a significant fine.
- Intuit is reducing its workforce by 10% and will be closing two sites as part of its restructuring efforts.
- Tesla has increased the prices of its Model 3 vehicles in Europe, attributing the rise to customs duties.
- Citigroup has been fined over $135 million by U.S. banking regulators for not fulfilling commitments to enhance its risk control systems.
- Microsoft has settled a CISPE antitrust complaint for $21.7 million.
- Novo Nordisk has received a request for additional information from the U.S. FDA regarding its Icodec insulin. The company has also signed a memorandum of understanding with Indonesian company Bio Farma for insulin packaging in Southeast Asia.
- Barry Callebaut reports improved sales over nine months and confirms management's financial targets.
- Frasers Group has increased its stake in Hugo Boss.
- BP Plc is collaborating with Simon Property to install over 900 electric vehicle chargers.
- Leonardo and AID are partnering to foster innovation in the defense and security sector.
- Uniper is working with Liquid Wind to develop facilities for producing e-methanol as an e-fuel.
- AP Moller Maersk reports that a US-flagged vessel was attacked by Houthi forces without any injuries or damage.
- BioArctic and Eisai have received approval from Hong Kong for their Alzheimer's drug.
- DNB Bank has surpassed profit expectations for the second quarter.
- BASF is halting the production of glufosinate at two of its sites.
- HSBC is restructuring its investment banking division.
- S&P has started covering EQT with an A- rating and a stable outlook.
- Südzucker has experienced a significant drop in earnings for the first quarter.
- AQ Group has acquired the British cable harness manufacturer Rockford Components.
- Pepco Group reports a dip in quarterly sales but maintains its full-year profit outlook.
- Celon Pharma believes its schizophrenia drug has the potential to generate billions in revenue.
- Recordati has bought back treasury shares worth over 3 million euros.
- PepsiCo's quarterly revenue of $22.50 billion did not meet analyst expectations of $22.57 billion, primarily due to soft demand in the United States, its largest market.
- Delta Air lines anticipates lower-than-expected profits for the third quarter, pointing to competitive pricing pressure in the low-cost segment.
- JPMorgan is aiming to publish its quarterly results on Friday, with an ambitious goal to capture 15% of the nation's consumer deposits, according to Marianne Lake, CEO of Consumer and Community Banking.
- Costco Wholesale is set to raise membership fees for its American and Canadian members for the first time in seven years, which has seen its stock increase by 2.8% before the market opened.
- Honeywell has announced a $1.81 billion cash purchase of liquefied natural gas processing technology from Air Products.
- Olin's stock decreased by 1.4% before the market opened after the company reported a temporary halt in operations at its Freeport, Texas, facility due to Hurricane Beryl.
- Alcoa's shares rose 3% after hours following a preliminary report of second-quarter revenue of $2.85 billion, slightly above the consensus expectation of $2.80 billion.
- WD-40's shares are up 8.8% in pre-market trading after the company reported third-quarter results that exceeded expectations.
Global markets live: Tesla, Citigroup, BP, Novo Nordisk, JPMorgan...
Every day, the MarketScreener team selects the most important news about listed companies across the world. Here's a short recap for your convenience: