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Daily News - 20 September

US diplomats continue to explain President Biden's statement in an interview that American forces would defend Taiwan against a Chinese attack, as the official policy remains that of not taking a position on Taiwan's independence.

Sthree reports it now sees its full-year profit coming in ahead of the current consensus after growth continues in Q3 following the strong H1 performance.

Take-Two Interactive Software announces that its blockbuster game in development Grand Theft Auto VI had been hacked and that early footage of the game has been leaked. However, it not expect the breach to affect the game's development.

Volkswagen detailed over the weekend that it was looking at a valuation of up to €75bn for Porsche, which came in under some forecasts for as much as €85bn. Its proposal for Volkswagen to receive a blocking minority interest of 25% has received some criticism.

UniCredit's CEO states it was looking at possible acquisitions in Germany. This follows speculation earlier in the year that early discussions were taking place with Commerzbank.

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