U.S. chipmaker Broadcom told to stop exclusivity deals till EU probe ends
U.S. chipmaker Broadcom has been ordered to halt exclusivity deals with six TV and modem makers for up to three years while EU antitrust enforcers investigate whether these agreements are aimed at thwarting rivals.
BNY Mellon profit falls 7% on lower fees
Bank of New York Mellon Corp reported a 7% fall in quarterly profit on Wednesday, as the world’s largest custodian bank earned lower fees and took a hit from a drop in interest rates.
Broadcom says EU antitrust order will not impact business, will challenge it
U.S. chipmaker Broadcom said on Wednesday that an EU antitrust order to halt certain business deals with six TV and modem makers will not have a material impact on its business and it will challenge the EU move in court.
UK watchdog opens formal probe of Amazon Deliveroo deal
Britain’s competition regulator said on Wednesday it had launched a formal investigation into Amazon.com Inc’s investment in food delivery company Deliveroo, setting a Dec. 11 deadline for a decision https://reut.rs/2ONs4b0 on the first phase of its pr…
Turkey’s Halkbank says U.S. charges represent ‘unprecedented overreach’
Turkey’s Halkbank said on Wednesday that U.S. charges against it are part of sanctions Washington slapped on Ankara over its military incursion in Syria and represent an “unprecedented legal overreach.”
Trading in second Woodford fund suspended: administrator
A second Woodford fund was suspended from trading on Wednesday after embattled investor Neil Woodford resigned as its manager.
Broadcom ordered to stop exclusivity deals till EU probe ends
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.
Markets falter as Brexit approaches its endgame
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.
Swiss says Airbus A220 flights resuming as engines pass inspection
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.
Oil slips further below $59 on weaker economic outlook
Oil eased 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.
