The US Federal Trade Commission (FTC) is suing to prevent the $40 billion acquisition of British chip designer Arm Holdings by American Nvidia. Read more.
Tags : european stocks
Scientists believe they have found "the trigger" that leads to extremely rare blood clots after the Oxford-AstraZeneca Covid vaccine. Read more.
David Marcus, the head of cryptocurrency efforts at Facebook parent company Meta, announced Tuesday that he will be leaving the company at the end of the year.
Japanese auto giant Nissan will invest 2 trillion yen (about $17.6 billion) over the next five years to accelerate the electrification of its product lineup. Read more.
It has been called "the most scrutinised transport plane in history," but some critics believe Boeing's 737 Max is still not safe. Read more.
Amazon workers in 20 countries - including the US, UK and several EU countries - are planning protests and work stoppages on Black Friday. Read more.
Italy's competition authority has fined Amazon and Apple more than €200m (£168m) for allegedly breaching competition rules. Read more.
Shares of HP rose more than 8% in extended trading Tuesday after the computer hardware maker reported better-than-expected quarterly results and a strong forecast for the current quarter. Read more.
Zoom reported better-than-expected quarterly profit on Monday, but warned investors that revenue growth at the video chat company will slow as the pandemic comes to an end. Read more.
Ford Motor and Rivian no longer plan to jointly develop an electric vehicle, the companies confirmed Friday. The two companies had originally announced plans to develop a joint vehicle when the automaker invested $500 million in Rivian in 2019. Read more.
Alibaba on Thursday missed revenue and profit expectations for the September quarter as slowing economic growth in China weighed on results, adding to regulatory headwinds. Read more.
Debt-ridden property developer China Evergrande is set to raise about $273 million from the sale of its remaining stake in film production and streaming company HengTen Networks. This is according to a statement released before the stock market opened on Thursday. Evergrande, the largest issuer of U.S. dollar debt among Chinese property developers, was on the verge of officially defaulting this year. The company has made eleventh-hour payments and resumed building apartments owed to buyers. But that's only a fraction of what the company owes. Read more.
