Airbus agreed to acquire the assets of the business unit of Spirit AeroSystems. Anglo American suspended its coal mining operation in Queensland, Australia. Petrofac extended its interest payment deadline on its senior secured notes.

The Swedish retailer H&M reported smaller-than-expected profit growth in the second quarter. French luxury stocks and UK mining stocks declined after Chinese industrial profit growth decelerated in May.

Volkswagen agreed to invest $5 billion in a joint venture with the electric vehicle maker Rivian. The electric battery developer Gelion signed a joint development agreement with Glencore International.

Airbus lowered its 2024 financial targets and took a one-time charge for expenses related to supply chain issues and cost overruns in its space division. Novo Nordisk plans to invest in the U.S. to expand its manufacturing capacity.

Safran entered into exclusive discussion to acquire an AI technology company. Valneva won an approval from the Canadian drug regulator for its chikungunya virus treatment. Prudential launched its $2.2 billion stock buyback plan.

STMicroelectronics announced two stock repurchase plans to cover employee stock options and the settlement of future convertible bonds. Britvic rejected the second acquisition proposal by the Danish brewery Carlsberg AS.

CMC Markets reported a sharp jump in adjusted profit and held out for an increase in the current year on the rebound in trading revenue. Vallourec said Abu Dhabi National Oil Company extended its original contract of $900 million for two more years. Technip Energies signed a significant contract with Indian Oil Company Limited. 



Games Workshop Group said revenue and earnings in fiscal 2024 are ahead of the previous year. Vodafone plans to sell its stake in a cell phone tower company in India. 

The UK-based equipment rental company Ashtead Group lowered its revenue outlook in the current fiscal year. The Danish biotech company revised its full-year outlook. Frasers Group launched a new stock buyback plan.

The UK-based event management company Ascential reiterated its annual financial outlook. Carl Zeiss Meditec lowered its annual sales outlook because of the weak order flow in the last two months.

Tesco reported better-than-expected quarterly sales in the fiscal first quarter, and the retailer reiterated its annual operating profit and free cash flow range outlook. Crest Nicholson rejected takeover a approach from its larger rival.

Crest Nicholson, the UK-based home builder, lowered its adjusted pre-tax earnings outlook for the second time amid demand weakness. Wise PLC reported a surge in annual sales and earnings, but the company's earnings growth outlook fell short of market expectations.

France heads for a surprise parliamentary election that could lead to political gridlock and a slowdown in economic reforms. Skanska AB sold its multi-family business in Denmark. Rentokil Initial soared after an activist investor acquired a sizeable stake. 

FirstGroup, the UK-based railroad and bus operator, reiterated its fiscal year 2025 outlook and extended its commitment to complete stock buybacks. Atos selected a financial restructuring plan. 



Market indexes in France dropped as much as 2% after the announcement of the snap legislative election. Airbus won an order to transport satellites from an agency controlled by the U.A.E.