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OFFON

GLOBAL MARKETS LIVE: Boeing’s 737 Max to resume flights in Europe, Merck’s latest acquisition…

11/23/2020 | 10:02am EST

The European Aviation Safety Agency should give the green light for Boeing's 737 MAX to resume flights. We’re also talking about AstraZeneca's vaccine data, Elliott's bid for Aryzta in Switzerland and the ambitions of Zurich and Siegfried.

Earnings season. Prosus, Naspers, Agilent, Warner Music, CSPC Pharmaceutical, Ackermans, Daily Mail and Quadient are among companies reporting their results today...

Pfizer and BioNTech applied to the U.S. Food and Drug Administration on Friday for approval of their Covid-19 vaccine.

AstraZeneca announces an average efficacy of 70% for its Covid-19 vaccine.

The European Aviation Safety Agency (EASA) will give the green light for Boeing's 737 MAX to resume flights in European skies in January, EASA Executive Director Patrick Ky said this weekend, quoted by Reuters. Last week it was the U.S. Federal Aviation Administration (FAA) that lifted the flight ban on the Boeing 737 MAX in the United States.

Merck announced the acquisition of privately held biopharmaceutical company OncoImmune for $425 million in cash.

Prosus reported a 29% increase in half-yearly earnings to $2.2 billion, and confirms the launch of the share buyback program unveiled at the end of October.

General Electric unions estimate that the group has cut 5,000 positions in France in five years.

Zurich Insurance has confirmed its interest in certain MetLife activities in general insurance, after Reuters' indiscretions suggesting a $4 billion buyback offer.

Siegfried is thinking of going into biotechnology, according to its managing director Wolfgang Wienand interviewed by the magazine Finanz und Wirtschaft.

Elliott Advisors has submitted an offer to buy Aryzta at CHF 0.80 per share.

FDA approves Regeneron's antibody cocktail against coronavirus.

Californian online platform Wish wants to raise $25-30 billion by going public on Wall Street, according to the Financial Times.

The australian regulator opened an investigation into the malfunctions that affected the listings on ASX Limited a week ago.

Aluflexpack is investing €65 million in its Croatian plants.

Evergrande Property Services wants to enter Hong Kong.


© MarketScreener.com 2020
Stocks mentioned in the article
ChangeLast1st jan.
ACKERMANS & VAN HAAREN NV 0.69% 132.2 Real-time Quote.6.75%
AGILENT TECHNOLOGIES, INC. 0.60% 128.11 Delayed Quote.8.12%
ALUFLEXPACK AG 0.00% 37 Delayed Quote.8.50%
ASTRAZENECA PLC 0.88% 7712 Delayed Quote.4.38%
ASX LIMITED 0.32% 71.98 End-of-day quote.-0.03%
BIONTECH SE -1.40% 103.23 Delayed Quote.26.63%
CSPC PHARMACEUTICAL GROUP LIMITED 4.49% 8.85 End-of-day quote.11.60%
DAILY MAIL AND GENERAL TRUST PLC -1.59% 807 Delayed Quote.10.07%
GENERAL ELECTRIC COMPANY -0.35% 11.39 Delayed Quote.5.46%
MERCK & CO., INC. -0.88% 82.46 Delayed Quote.0.81%
METLIFE, INC. -0.90% 51.65 Delayed Quote.10.01%
NASPERS LIMITED 1.45% 3500 End-of-day quote.15.92%
PFIZER INC. -0.63% 36.5 Delayed Quote.-0.84%
PROSUS N.V. 0.10% 97.96 Real-time Quote.10.75%
QUADIENT S.A. 0.77% 17.01 Real-time Quote.7.31%
REGENERON PHARMACEUTICALS 1.57% 542.27 Delayed Quote.12.25%
SIEGFRIED HOLDING AG 1.17% 650 Delayed Quote.-1.38%
WARNER MUSIC GROUP CORP. 5.62% 38.18 Delayed Quote.0.50%
WISHER INDUSTRIAL CO., LTD. -1.17% 12.7 End-of-day quote.-6.96%
ZURICH INSURANCE GROUP LTD 0.35% 377.3 Delayed Quote.0.67%