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Broadcom appeals rare EU ultimatum

Bloomberg Broadcom Inc appealed a European Union (EU) order forcing the company to drop allegedly unfair clauses that may compel set-top box makers to use its chips. The appeal opens a court fight over the validity of a rarely used regulatory tool meant to prevent victims from suffering while probes drag on for years. EU Antitrust Commissioner Margrethe Vestager in ...

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Suppliers get a boost from Tesla

Bloomberg Tesla Inc’s efforts to lure Chinese customers is giving its suppliers a boost in the world’s biggest electric-vehicle market. Shares of Changzhou Almaden Stock Co surged to more than a two-year high on Monday, after it said in a filing to the Shenzhen stock exchange that it has supplied solar glass to the electric car manufacturer since 2019. Appliances ...

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European bond sales all set to kick off

Bloomberg European bond sales are set to kick off in the first full week of 2020, as governments return to a market boosted by tensions in the Middle East. Portugal, Ireland and Belgium should issue debt maturing in 10 to 15 years at syndicated sales, according to Danske Bank A/S, while regular auctions are due from Germany, Austria, Spain and ...

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