The U.S. International Trade Commission on Wednesday said it would initiate an investigation of certain integrated circuits, chipsets and electronic devices, based on a complaint filed by NXP Semiconductors NV…
Category: Business
Luxury goods groups Hermes, Richemont push UMG and Vodafone out of blue-chip Euro STOXX 50 index
Luxury goods companies Hermes (HRMS.PA) and Richemont (CFR.S) won promotion on Wednesday to the blue-chip Euro STOXX 50 equity index (.STOXX50E), which could increase investment funds' demand for the stocks…
Canada bars Boeing from fighter race, indicates bid hurt by airliner row
Canada on Wednesday excluded Boeing Co (BA.N) from a multi-billion-dollar race to supply 88 new fighter jets and indicated a previous clash between the U.S. company and a Canadian aircraft…
Universal Hydrogen CEO sees jetmakers backing new fuel
Airbus (AIR.PA) and Boeing Co (BA.N) will launch all-new successors to their best-selling single-aisle jets powered by hydrogen from around the middle of next decade, the head of a U.S.…
Colombian airline Avianca says has completed bankruptcy process
Colombian airline Avianca (AVT_p.CN) said on Wednesday it has successfully completed its Chapter 11 bankruptcy process, a month after a U.S. court approved its reorganization process. "Today the prior conditions…
Qualcomm chip aims to create new category of handheld gaming devices
Qualcomm Inc (QCOM.O) on Wednesday released a new chip designed for gaming-specific handheld devices offering 5G connectivity, a potential new mobile platform for video gamers offering more flexibility to play…
Australia’s Crown says Blackstone’s $6.2 bln buyout offer not ‘compelling’
Australian casino firm Crown Resorts Ltd (CWN.AX) said on Thursday investment giant Blackstone Group Inc's (BX.N) $6.2 billion buyout offer did not represent "compelling value" for its shareholders. Crown, however,…