North America:

  • KKR sold its majority stake in JB Chemicals and Pharmaceuticals to Torrent Pharmaceuticals.
  • INmune Bio saw its shares plummet after its Alzheimer's drug failed in a mid-stage study.
  • Moderna demonstrated superior efficacy of its influenza vaccine in a late-stage study for adults aged 50 and older.
  • Nvidia is expected to reach a $4 trillion market value.
  • HPE and Juniper Networks settled an antitrust case with the US Justice Department, leading to a rise in their shares.
  • Home Depot's SRS Distribution acquired GMS for $4.3 billion.
  • Stanley Black & Decker appointed Christopher Nelson as its next CEO.
  • Star Entertainment was notified of the termination of a deal to sell off stakes to Hong Kong shareholders.

Europe:

  • Thames Water sought creditor approval for a new loan drawdown.
  • Boeing faces an antitrust investigation by the UK competition watchdog over its acquisition of Spirit AeroSystems.
  • UBS initiated a $2 billion share buyback program to enhance shareholder value.
  • Equinor made an oil discovery near the Johan Castberg field in the Arctic Barents Sea, estimated at 9-15 million barrels.
  • Eltel signed a new framework agreement with E.ON valued at 24.6 million euros.
  • WH Smith PLC adjusted the sale terms of its high street business to Modella Capital Ltd, settling for a lower price.
  • Generali sign collapsed in Milan without causing injuries or damage.
  • Nissan is implementing job cuts at its UK plant and delaying supplier payments to conserve cash.
  • Mitsubishi plans to boost its sales in Europe by introducing new Renault models.

Rest of the world:

  • Lens Technology Co aims to secure up to $608 million through a listing in Hong Kong.
  • Japanese fund INCJ concluded its 16-year operations in March, generating a total investment return of over 1 trillion yen ($6.93 billion).
  • Prada acknowledged the Indian origins of its new sandal design following criticism.
  • Karnataka Bank saw a decline in its stock price following the resignation of its top boss and a board member.
  • China's rare earths export restrictions led to a significant drop in rare earth magnet exports, impacting the automotive supply chain.