• UBS is planning to sell its majority stake in Credit Suisse's Chinese subsidiary to a Beijing-backed fund.
  • Novo Nordisk: The CEO is scheduled to appear before the US Senate on September 24. The company is investing $4.1 billion to expand production in the USA. Meanwhile, a generic version of Novo's diabetes drug Victoza has been launched by Teva and the lab announced that Semaglutide has been approved in China for long-term weight management.
  • Merck KGaA has terminated phase III trials of its cancer drug Xevinapant.
  • AstraZeneca has reported the failure of the late-stage trial of Imfinzi for treating a type of lung cancer.
  • Leonardo will close its Italian plant for four months due to issues with Boeing's B787.
  • The Federal Reserve is relaxing its bank capital reform.
  • Boeing made an offer to acquire Spirit AeroSystems for $35 per share, mainly through a capital issue, as per Bloomberg.
  • DuPont's water unit is reportedly drawing interest from potential buyers, according to Bloomberg.
  • AT&T is advocating for large technology companies to contribute to the telecommunications and broadband subsidy fund.
  • Rivian is streamlining production, cutting costs, and aiming for its first profit as an electric vehicle manufacturer.
  • Paramount Global is raising the prices of its streaming services.
  • Rite Aid has emerged victorious against MedImpact in a dispute over the sale of Elixir for $200 million.
  • Apple and Meta have ceased discussions about an AI partnership, Bloomberg reports.
  • The CEO of Hess has joined the board of Goldman Sachs as an independent director.
  • The US has launched an investigation into China Telecom, China Unicom, and China Mobile regarding the risks these operators may pose to the US internet infrastructure.
  • China's BYD is introducing a third electric vehicle model in Japan.
  • South Korea's SK Group, which owns SK Hynix, is planning asset sales and mergers as part of a significant restructuring.
  • Malaysia has decided against the privatization of Malaysia Airports Holdings.
  • Nvidia has seen a 2.1% rebound before Tuesday's opening after losing more than 16% since its recent peak. Other tech companies like Micron Technology, Broadcom, Super Micro Computer, and Qualcomm also saw pre-market gains of 1% to 2%.
  • Tesla is set to recall 11,688 Cybertruck electric vans due to a windshield wiper problem that could reduce visibility and increase the risk of accidents.
  • Trump Media & Technology Group's shares rose by an additional 14.2% in pre-market trading on Tuesday following a previous surge of around 20%. The company announced an expected $69.4 million from the exercise of warrants on June 20 and 21.