Recap

T&G Global’s (TGG) half yearly results features several disruptions in supply and labour. Product recalls and semiconductor shortages impact General Motors' (GM) Q2 financials. A deal with a French private equity firm sees PepsiCo (PEP) shake off its juice businesses.

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Air New Zealand (AIR)’s latest business update offers a look at the impact of the current eight-week suspension of quarantine-free trans-Tasman travel. Serko (SKO) follows with its own update charting Covid-19 disruptions. Foot Locker (FL) looks to acquire two new businesses in the States and Japan.

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Two of Australia’s largest energy companies, Santos (STO) and Oil Search (OSH), agree on the terms of a merger proposal. Crown Resorts’ (CWN) Melbourne CEO announces he will step down, while a new regulator division will monitor CWN. The parent company of Michael Kors, Versace and Jimmy Choo releases its Q1 earnings results.

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Square (SQ) buys its way into the BNPL sector by acquiring Afterpay (APT). Genesis Energy (GNE) is pinged in binding arbitration over carbon credit liability. Dole Food Inc. is publicly listed for the third time and merges with Total Produce to create Dole PLC (DOLE).

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Rounding out the week, Restaurant Brands New Zealand (RBD) sees an increase in its second quarter sales. Amazon (AMZN) reports revenue growth, but misses analysts’ expectations in its latest earnings announcement. Carpet company Cavalier Corporation (CAV) rebuts a legal threat from competitor Godfrey Hirst.

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Pacific Edge (PEB) gives an update on Q1, reporting growth in sales for its Cxbladder tests. Facebook (FB) releases its latest earnings and gives insight on the company’s future. Wesfarmers’ (WES) takeover bid gets rejected by Australian Pharmaceutical Industries (API).

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Big tech companies Apple (AAPL), Google’s parent Alphabet (GOOGL) and Microsoft (MSFT) report growth in their latest quarterly results. Fiji Kava (FIJ) announces its entered into a partnership with Chemist Warehouse.

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IkeGPS (IKE) reports quarterly performance results and new contract wins. Westpac gives an update on the sale of its Pacific businesses. The US’s big week of earnings results continues with Tesla reporting growth, but also a Bitcoin-related impairment.

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Meridian Energy (MEL) and Contact Energy (CEN), two of New Zealand's largest electricity generators, seek partners to develop a green hydrogen power plant in Southland. ASX-listed mining company BHP Group (BHP) announces a nickel supply agreement with Tesla (TSLA). Johnson & Johnson (JNJ) releases its second quarter earnings.

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