U.S. chipmaker Broadcom has been ordered to halt exclusivity deals with TV and modem makers while EU antitrust enforcers investigate whether these agreements are aimed at thwarting rivals. The European Commission had in June warned Broadcom of a possible interim measure. The company, whose chips power smartphones, computers and networking equipment, is a major supplier to Apple. …read more […]
Universal income, accountable capitalism, and federal job guarantees were among proposals to help out-of-work Americans. …read more […]
Airline Swiss expects to resume mostly normal service with its fleet of Airbus A220 jets on Thursday after temporarily grounding the jets for safety checks of their engines, it said on Wednesday.
EU antitrust regulators on Wednesday ordered U.S. chipmaker Broadcom to suspend certain business deals with TV and modem makers while they investigate whether these agreements are aimed at thwarting rivals.
European equities opened lower and sterling came off five-month highs on Wednesday as the European Union and Britain resumed talks in Brussels to avert a disorderly Brexit before an EU summit on Thursday and Friday.
Oil slipped further below $59 a barrel on Wednesday, pressured by concerns about weaker demand for fuel due to slower economic growth and forecasts of a further rise in U.S. crude inventories.
German-owned discount supermarket Lidl GB has vowed to spend 15 billion pounds ($19 billion) with British suppliers over the next five years, committing to increase sales of local meat, poultry and fresh produce.
The chief executive of struggling German consumer electronics chain Ceconomy is set to be removed after only a few months in the job due to an internal power struggle, sources close to the company said on Wednesday.
Q2 2019 Southwestern Energy Co Earnings Call …read more […]
In Mexico’s burgeoning startup scene, publicity is the last thing many entrepreneurs want.
Skoda Auto’s global deliveries dropped 2.7% to 913,700 cars in the first nine months compared with the same period last year, the subsidiary of Germany’s Volkswagen said on Wednesday.
Signify , the Dutch-based lighting company, has agreed to buy U.S. firm Cooper Lighting Solutions from Eaton Corp. for $1.4 billion in cash to boost its presence in North America.
The White House is warning Chinese shipping companies against turning off their ships’ transponders to hide Iranian oil shipments in violation of U.S. sanctions, two senior administration officials said.
(Bloomberg) — Huawei Technologies Co.’s revenue jumped 24% in 2019’s first nine months, defying Trump administration sanctions to sustain growth in its pivotal smartphone business.China’s largest technology company reported revenue of 610.8 billion yuan ($86.1 billion) in the January to September period. Global smartphone shipments jumped 26% in the first three quarters to over 185 million units, helping safeguard its position as the world’s second largest name in mobile devices.China’s largest technology company managed to grow revenue despite curbs on the export of crucial American software and components, which executives had warned for months would severely crimp both its networking …read more […]
Private equity giant KKR & Co and its partners canceled what was to be Australia’s biggest listing of the year, lender Latitude Financial, because investors would not pay a price that reflected its value, the Latitude CEO said on Wednesday.
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