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- Pharmacy giant Walgreens Boots Alliance, which owns Boots in the UK, has announced plans to buy rival chain Rite Aid for $9 (£5.88) per share.
- The US Federal Reserve’s latest monetary policy announcement is due at 6 p.m. GMT (2 p.m. EST) today.
- Asian stock markets are mixed ahead of the Fed’s announcement.
- Twitter shares crashed in after-hours trading in the US after the company reported another quarter of disappointing user growth and a weak revenue forecast for the last three months of the year.
- Shell is taking a $2 billion (£1.3 billion) writedown after cancelling its Carmon Creek project in the oil sands of western Canada, saying the decision was partly a result of a shortage of pipeline capacity in the region.
- Apple delivered a solid earnings report overnight, with just about everything in its right place.
- Credit Suisse has hired five new bankers for its Americas Healthcare group — and they all come from Barclays.
- Volkswagen and Nissan are bullish on China.
- But Japanese carmaker Honda is more cautious about the market.
- A Canadian appeal court has ordered two major tobacco companies to set aside a combined C$984 million (£484.7 million, $742 million) while they challenge billions of dollars in damages awarded to smokers in the province of Quebec.
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Stanbic IBTC PMI: Nigeria’s private sector expands for fifth consecutive month in June
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