European chipmakers tumble after Broadcom dashes hopes of rebound in demand
European semiconductor stocks fell on Friday after U.S. chipmaker Broadcom warned a U.S.-China trade conflict and export restrictions on Huawei were causing a broad slowdown in demand for chips.
Huawei delays global launch of foldable phone by three months
Huawei will delay the launch of its much-touted foldable 5G Mate X smartphone by three months, the latest setback for the company that was slapped with U.S. sanctions last month.
Bond yields slip, stocks suffer on cooling China data
World stocks struggled and safe haven bets were back in play on Friday with German bond yields plumbing record lows as Chinese data rekindled woes about the health of the global economy and fears of a new U.S.-Iran confrontation intensified.
Volkswagen to float 10% of truck unit, seeks to raise 1.9 billion euros
Volkswagen aims to raise up to 1.9 billion euros ($2.1 billion) by listing truck unit Traton, it said on Friday, scaling back earlier ambitions to list up to a quarter of the unit by opting to float a 10% stake.
India minister says confident Jet Airways’ problems will be solved
India’s new civil aviation minister said on Friday he is confident that problems at grounded Jet Airways Ltd will be solved, in the government’s first comments on the debt-laden carrier since it was reelected last month.
Airbus agrees new contract for delayed A400M military transporter
Airbus has reached an agreement with European state buyers to revise a contract for its delayed A400M military transporter plane, resetting Europe’s largest defense project after a lengthy wrangle over costs and military capability.
Airbus signs amended A400M deal with buyer countries
Airbus said on Friday it had signed an agreement with European buyer countries for a revised contract for its delayed A400M military transporter plane.
Bayer to invest 5 billion euros in weedkiller research
Bayer, the German crop science and chemicals group reeling from U.S. litigation over claims its glyphosate pesticide causes cancer, said on Friday it would invest 5 billion euros ($5.64 billion) in weedkiller research.
Fiat Chrysler signs EV charge point deals with Enel, Engie
Carmaker Fiat Chrysler (FCA) has signed an agreement with European utilities Enel and Engie to help offer its customers charging points for electric vehicles (EV) it is planning to roll out.
Volkswagen aims to raise 1.9 billion euros from truck unit IPO
Volkswagen said on Friday that it aims to raise up to 1.9 billion euros ($2.1 billion) by floating a stake of at least 10% in its Traton trucks unit later this month, its second attempt to bring the business to market.
