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(Reuters) – Atos on Tuesday said Airbus had called off discussions about potentially buying the French software company’s BDS cybersecurity unit, sending its shares down by almost a fifth. “Atos is analysing the resulting situation and actively evaluating strategic alternatives that will take into consideration the sovereign imperatives of the French state,” it said in …

Atos says Airbus ends discussions over BDS cybersecurity unit sale Read More »

(Reuters) – Sensor maker TE Connectivity said on Monday it would change its jurisdiction of incorporation to Ireland from Switzerland and plans to merge with its Ireland unit. The company’s registered shares currently listed on the New York Stock Exchange will be delisted and canceled. The ordinary shares of its subsidiary TE Connectivity Ireland received …

Sensor maker TE Connectivity shifts jurisdiction to Ireland Read More »

(Reuters) – Popular messaging platform Telegram raised $330 million through bond sales last week, founder and CEO Pavel Durov said on Monday. The offering was oversubscribed and terms of the bond were favorable for the company, Durov wrote on his own Telegram channel. “The increased demand for our bonds shows that global financial institutions value …

Telegram secures $330 million in bond sales Read More »

By Chibuike Oguh NEW YORK (Reuters) -Shares of Tesla jumped nearly 7% on Monday after the automaker announced price increases for its Model Y electric vehicles across some European countries and the United States. Tesla said prices of its Model Y vehicles will be increased by approximately 2,000 euros ($2,177) in some European countries effective …

Tesla shares gain after Model Y price hike in US, Europe Read More »

(Reuters) -Drugmaker AstraZeneca said on Monday it would cap out-of-pocket costs for its inhaled respiratory products at $35 per month in the United States from June, following a similar move by rival Boehringer Ingelheim earlier in the month. High drug prices in the United States have been the subject of growing political scrutiny for years. …

AstraZeneca to cap out-of-pocket inhaler costs in US, following rival Boehringer’s move Read More »

FRANKFURT (Reuters) – Germany’s federal financial supervisory authority BaFin said on Monday it had imposed a fine of 50,000 euros ($54,340) on Deutsche Bank. The fine relates to false information regarding a serious customer-related IT security incident in its payment services in 2023. Deutsche Bank was also “significantly late” in informing BaFin, the regulator said. …

German financial regulator fines Deutsche Bank 50,000 euros Read More »

By David Shepardson and Joseph White WASHINGTON (Reuters) -Workers at Volkswagen’s Chattanooga, Tennessee, assembly plant are seeking an election to join the United Auto Workers union, setting up a critical test for UAW President Shawn Fain’s unprecedented campaign to expand the union’s reach to foreign-owned automakers in the southern United States. The UAW said a …

UAW says workers at VW Tennessee plant file for union election Read More »