By Krisztina Than BUDAPEST (Reuters) – Hungary is in talks with Russia and Ukraine on keeping open gas shipments via Ukraine even though its Russian gas imports now come via the Turkstream pipeline, Prime Minister Viktor Orban said on Saturday, adding he did not want to give up that route. The pipeline, via Ukraine, is …
Hungary in talks on Russian gas shipments via Ukraine, PM Orban says Read More »
By Tom Hals WILMINGTON, Delaware (Reuters) -Qualcomm’s central processors are properly licensed under an agreement with Arm Holdings, a jury found in a trial in U.S. federal court that removed some, but not all, uncertainty around the mobile chipmaker’s expansion into the laptop market. A week of courtroom arguments and deliberations ended in a mistrial …
Qualcomm secures key win in chips trial against Arm Read More »
NEW YORK (Reuters) – Swedish electric-vehicle battery maker Northvolt said on Friday it expects to line up additional bankruptcy financing by late January after engaging with over 100 lenders and potential investors. Northvolt entered bankruptcy on Nov. 21 with a $100-million bankruptcy loan from Swedish truck maker Scania, a shareholder and its biggest customer. But …
Battery maker Northvolt makes progress toward longer-term bankruptcy financing Read More »
(Reuters) -The UK’s competition watchdog said on Friday that chip design software maker Synopsys’ $35 billion acquisition of Ansys could reduce innovation and lead to higher prices but it could approve the deal if those concerns are resolved. The Competition and Markets Authority (CMA) said the deal raises competition worries in the supply of semiconductor …
UK watchdog says $35 billion Synopsys-Ansys deal raises competition concerns Read More »
FRANKFURT (Reuters) – Here are the main points of a deal struck on Friday between Volkswagen and unions on the carmaker’s German sites and jobs. The agreement followed more than 70 hours of talks and averted the spectre of strikes at Europe’s largest carmaker. – Volkswagen will reduce VW AG’s staff in Germany by more …
Factbox-The main points of Volkswagen’s deal with unions on German sites and jobs Read More »
LONDON (Reuters) – Volkswagen announced sweeping changes to its German operations, including more than 35,000 future job cuts and capacity reductions in a last-gasp deal between Europe’s top carmaker and unions on Friday to avert mass strikes. Here are some reactions to the news: GERMAN CHANCELLOR OLAF SCHOLZ: “It’s good news that the company and …
VW, union agree to cut 35,000 jobs in Germany, avert strikes Read More »
By Maggie Fick, Jacob Gronholt-Pedersen and Mariam Sunny LONDON/COPENHAGEN (Reuters) -Novo Nordisk shareholders were seeking on Friday to find out why such a high number of patients in the late-stage trial of its next-generation obesity drug candidate CagriSema did not reach the highest dose strength of the medicine. Disappointing data published by Novo from a …
Novo Nordisk’s dosing in CagriSema obesity drug trial puzzles investors Read More »
(Reuters) -U.S. President-elect Donald Trump said on Friday the European Union should step up U.S. oil and gas imports or face tariffs on the bloc’s exports that include goods such as cars and machinery. The EU already buys the lion’s share of U.S. oil and gas exports, according to U.S. government data. No extra volumes …
Trump threatens EU with tariffs over oil and gas imports Read More »
By Georgina McCartney, Arathy Somasekhar and Enes Tunagur HOUSTON/LONDON (Reuters) -U.S. crude oil exports to northwest Europe are likely to slip early next year after hitting a record high in November, as the arbitrage for transatlantic shipments has slammed shut and freight rates have climbed, analysts said this week. The spread between U.S. West Texas …
U.S. crude exports to Europe expected to fall in Jan as shipping economics weaken Read More »
ZURICH(Reuters) – The European Union and Switzerland – the bloc’s fourth largest export market – reached a political deal on Friday to overhaul their trade ties, setting in motion a lengthy approval process. The two hope to formally conclude their negotiation in the spring after which the package of measures faces parliamentary hurdles and a …
Factbox-Details of the Swiss-EU deal on trade ties Read More »
