Pfizer, BioNTech to Donate Covid Vaccines to Tokyo Olympics Athletes 
 

Participants in the Tokyo Olympics and Paralympics will have access to donated doses of Pfizer Inc. and BioNTech SE's Covid-19 vaccines, the International Olympic Committee said.

 
VW Has the Profit to Take On Tesla. Does It Have the Talent? 
 

The German giant reported solid first-quarter results, but they say little about the nascent electric-vehicle business investors care most about.

 
Moderna Turns First Profit, Boosted by Its Covid-19 Vaccine 
 

The vaccine brought Moderna revenue of $1.73 billion in the first quarter, but the prospect of a temporary loss of vaccine patents clouds investors' outlook.

 
BlackRock at Odds With Warren Buffett's Berkshire Hathaway 
 

BlackRock's support of two shareholder-led proposals highlight the growing tension between asset managers who are calling for companies like Berkshire Hathaway to further emphasize ESG issues and executives such as Warren Buffett who are pushing back.

 
Ant Looks to Revamp a Controversial Business Without Sparking an Outcry 
 

Ant Group, which has pledged to get all its financial services fully regulated, is exploring ways to revamp its popular "mutual-aid" product.

 
Bud Brewer Taps U.S. Chief as New CEO 
 

Anheuser-Busch InBev appointed the head of its North American business as its new chief executive, tapping a company veteran to reinvigorate sales growth and lead it out of the pandemic.

 
Societe Generale Strong Trading Powers First-Quarter Beat 
 

Societe Generale said it expected bad-loan provisions for the year to fall significantly after it beat expectations in the first quarter, as its global markets business had the best quarter in years and the bank slashed the money it stowed away for potential loan losses.

 
UniCredit's Strong Trading, Low Provisions Fuel 1Q Beat 
 

UniCredit posted better-than-expected results for the first quarter as strong trading and falling provisions offset a decline in net interest income.

 
Nintendo Projects 29% Fall in FY Net Profit on Likely Slower Switch Sales 
 

Japanese videogame company Nintendo projected a 29% fall in fiscal-year net profit, as it expects slower sales of Switch consoles and software following a video game boom caused by the coronavirus pandemic.

 
Uber's Speed Could Limit Lyft 
 

Ride-hailing companies' recovery is stalling in some places, but Uber appears to be pulling ahead.

 
 

(END) Dow Jones Newswires

May 06, 2021 11:00 ET (15:00 GMT)

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