Swiss Unemployment Rate (Jun) 2.9% vs. Exp. 3% (Prev. 3%)

EUROPEAN OPEN: EZJ LN agrees in principle to revised GBP 6.90/shr Castlelake offer; CON GY sells ContiTech for EUR 4bln; NXT LN prepares Harvey Nichols bid; P911 GY mulls 4,000 job cuts; Sky agrees GBP 1.6bln ITV LN unit deal; HO FP plans EXA FP deal

European Movers: easyJet (EZJ LN) +10.1%, Exail Technologies (EXA FP) +3.3%, ITV (ITV LN) +1.9%, Porsche (P911 GY) +0.9%, Next (NXT LN) +0.3%, Continental (CON GY) -3.0%

Swiss Unemployment Rate (Jun) 2.9% vs. Exp. 3% (Prev. 3%)

UK Defence Minister Jarvis told POLITICO he wants Burnham’s administration to lay out the full pathway to spending 3.5% of GDP on defense at the next spending review, due spring 2027

Renault (RNO FP) CEO says Nissan (7201 JT) partnership is working "very well", open to partnerships with other European carmakers