Five Things You Need to Know to Start Your Day

Good morning. The Microsoft-Activision deal may close later than planned, US banking rules and Barclays bankers evaluate Adani ties. Here’s what people are talking about.

Microsoft-Activision Deadline

Microsoft and Activision Blizzard are nearing the finish line on their $69 billion deal, but aren’t likely to close it by a Tuesday deadline, people familiar with the deal said. The companies don’t plan to walk away from the deal and will continue seeking the final regulatory approvals needed for closing, said the people, who declined to be named because they were not authorized to speak publicly on the matter. The potentially missed deadline underscores the sway held by ...