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Qualcomm dealt setback in ‘monopoly abuse’

Bloomberg Qualcomm Inc. suffered a setback in its fight with US antitrust regulators who accuse the semiconductor maker of abusing a monopoly in chips for cell phones and raising costs for consumers. US District Judge Lucy Koh in San Jose, California, sided with the Federal Trade Commission on part of the agency’s antitrust case against Qualcomm ahead of a trial ...

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VW takes another shot at compact pickup market

Bloomberg Volkswagen AG plans a renewed push into the lucrative pickup segment that’s elu-ded the German manufacturer for years. The compact Tarok, shown in Sao Paulo, “will soon” be offered in Brazil, the company said in a statement. The truck “has the potential to boost Volkswagen’s model range in other global markets,” it said without providing details. The world’s biggest ...

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May’s closing in on Brexit deal can’t stem business exodus

Bloomberg Just as Prime Minister Theresa May is closing in on a Brexit deal, the march of companies quitting Britain is getting louder. On one day alone, CME Group Inc. said it’s moving its $240 billion-a-day short-term financing market to Amsterdam from London in another blow for the City, while German ball bearings maker Schaeffler AG announced the closing of ...

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