A record. Saudi Aramco can officially claim to be the largest IPO in history after raising $25.6 billion, thanks to an investment in the upper end of the expectations range, even though a very small fraction of the capital, 1.5%, has been listed, and only in Riyadh. The capitalization of the oil and chemicals giant thus reached a whopping $1,700 billion. 

A good month of November. Airbus received 940 gross orders over 11 months in 2019, or 718 net orders, for 725 deliveries. November was a good month, thanks mainly to the large orders signed by Emirates and Air Arabia at the Dubai Air Show. Airbus has now surpassed the symbolic milestone of 20,000 orders in its 50 years of existence. As in previous years, December will be a busy month for deliveries, as the manufacturer has planned to reach 860 aircraft handed over to their purchasers over the entire year.

China boost. Good news for Tesla, the Chinese Ministry of Industry has included the manufacturer's Model 3 in the list of vehicles eligible for public aid for the development of new energies, which should help it to establish itself on the world's leading automotive market. 

Swiss Re sells ReAssure. Phoenix Group will acquire ReAssure, the subsidiary of Swiss Re. The transaction values the division at £3.25 billion, but with £1.2 billion in cash and 13 to 17% of Phoenix shares. The Swiss group also obtains a seat on the Board of Directors. The minority shareholder MS&AD will receive 11 to 15% of Phoenix's capital in exchange for its shares.

In other news. Uber reported that he received more than 3000 reports of sexual assaults in connection with his trips to the United States in 2018. The FDA validates generics of Novartis' Gilenya. Biogen wants to try to get its Alzheimer's disease treatment to market, despite mixed results. American Outdoor Brands and Ulta Beauty exceed expectations. Moody's raised Lockheed Martin's credit rating from "Baa1" to "A3". Swiss Life is completing its share buyback program with a total of CHF 1 billion.