North America:

  • Apple Inc withdrew its Q3 revenue alert as Ruoming Pang departed for Meta.
  • Honeywell International Inc is evaluating strategic alternatives for its PSS and WWS businesses ahead of its planned 2026 split.
  • Carnival Corporation & PLC announced and upsized a $3 billion senior unsecured notes offering to refinance existing debt.
  • Hawaiian Electric Industries Inc completed the restoration process for 330 upcountry Maui customers following a public safety power shutoff.
  • Newmont announced layoffs at Suriname's Merian mine due to declining production and increased operating costs.

Europe:

  • BP plc appointed Simon Henry as Non-Executive Director and signed an MOU with Libya's National Oil Corporation for Sirte basin oilfields redevelopment.
  • Daimler Truck plans substantial job reductions in Germany, relocates Mercedes-Benz truck production, and launches a $2.36 billion share buyback program.
  • Ryanair reported strong summer bookings and rising fares, reaffirming its May forecast.
  • Alstom SA secured a EUR 2 billion deal to supply 316 rail cars to the NYC MTA and a maintenance agreement in Chile.
  • Novartis received approval for Coartem Baby, the first malaria drug for newborns and young infants.
  • SIG PLC appointed Pim Vervaat as its new CEO and Chair Designate.
  • Peugeot Invest sold its remaining stake in SPIE, with the block trade now covered.

Rest of the world:

  • China's Car introduced a self-driving rental service in collaboration with Baidu's Apollo technology.
  • Nissan Motor Co is scaling back EV production due to China's rare earth export restrictions.
  • Samsung Electronics faces a significant drop in Q2 operating profit due to U.S. trade restrictions and AI chip delays.
  • Great Eastern Holdings shareholders voted against a voluntary delisting proposal, blocking OCBC's bid.
  • Glencore sold its copper refinery and smelter to the Villar family.
  • Valmet Oyj received a significant order to supply mass pulp mill technology to Shandong Sun Paper's Yandian Pulp Mill in China.