Every day, the Marketscreener team compiles and summarizes the most important news related to listed companies around the world. Today, ViacomCBS is reorganizing the operations of its film and television production unit Paramount Pictures, while French biotech Valneva loses a big contract.
Valneva received notice of termination by the UK government of its contract to supply COVID-19 vaccines, a massive blow to the company.
Beijing will partially dismantle Alipay (a subsidiary of Alibaba's Ant Group) and force it to house its user data in a joint venture with the state, according to the Financial Times.
Francesco Gaetano Caltagirone and Leonardo Del Vecchio are reportedly in favor of replacing Philippe Donnet at the helm of Assicurazioni Generali.
Epic Games will appeal a U.S. judge's decision, which does not consider Apple a monopoly, but grants some of the plaintiff's requests.