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Chip controls won’t affect earnings: ASML

  Bloomberg Europe’s biggest semiconductor-equipment maker ASML Holding NV said an agreement between the Netherlands, the US and Japan to restrict exports of some advanced chipmaking machinery to China shouldn’t have a “material effect” on forecast it has published for this year. “In combination with the current market situation, we do not expect these measures to have a material effect ...

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Britain’s supermarkets and suppliers feuding over prices

  Bloomberg The boss of Britain’s largest sandwich-maker says price negotiations with supermarkets have become so strained amid the inflation crisis that sometimes walking away is the only option. “In certain cases we’ve said to people ‘If you’re not prepared to take this price, we’re not prepared to supply you’,” said Dalton Philips, Chief Executive Officer at Greencore Plc, speaking ...

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Ex-Nato general scores victory over populist in Czech vote

Bloomberg A former Nato general pledging unwavering support for Ukraine will become the next Czech president after securing a convincing victory over a combative former billionaire prime minister. Petr Pavel, who once served as Nato’s highest-ranking military officer, declared victory after winning 57.9% with 98% of polling districts counted, according to data published by the Czech Statistics Office. Andrej Babis, ...

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