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European firms welcome US tech giants’ digital pay push

Bloomberg European financial technology firms, including TransferWise Ltd. and German banking startup N26 Bank GmbH, are embracing plans by US tech giants like Facebook Inc. to push into digital currencies and payments, brushing off potential rivalries. Speaking at Bloomberg’s Sooner Than You Think conference in London, Taavet Hinrikus, the chairman and co-founder of TransferWise, said he welcomed plans by Facebook ...

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Dutch gene-therapy firm UniQure explores options including sale

Bloomberg UniQure NV is exploring options including a potential sale amid interest from pharmaceutical companies looking to expand in gene therapy, people with knowledge of the matter said. The shares jumped in early trading. The biotechnology company is working with advisers as it weighs options including a sale or partnerships, according to the people, who asked not to be identified ...

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Broadcom slides on dim sales outlook

Bloomberg Broadcom Inc. shares tumbled after the chipmaker cut its full-year sales outlook, citing the impact of the trade war between China and the US. While the weaker guidance didn’t come as a shock, the scale of the reduction caught some analysts off guard, and it was seen as further diminishing the idea that semiconductor demand would rebound in the ...

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