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Stellantis, Infineon announce cooperation on architecture for next-generation cars

Stellantis, Infineon announce cooperation on architecture for next-generation cars MILAN, Nov 7 (Reuters) - Automaker Stellantis STLAM.MI and German chipmaker Infineon IFXGn.DE said on Thursday they would cooperate to further develop power architecture for the automaker's next generation vehicles. The two companies said in a joint statement they signed supply and capacity agreements that will serve as a base for their cooperation.
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Infineon And Stellantis Announce Collaboration On Power Conversion and Distribution Of EVs

BRIEF-Infineon And Stellantis Announce Collaboration On Power Conversion and Distribution Of EVs Nov 7 (Reuters) - INFINEON TECHNOLOGIES AG IFXGn.DE : INFINEON AND STELLANTIS TEAM UP TO ADVANCE INNOVATION IN POWER CONVERSION AND DISTRIBUTION FOR NEXT GENERATION OF VEHICLE ARCHITECTURES INFINEON TECHNOLOGIES AG - COLLABORATION AIMS TO SIGNIFICANTLY
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European companies cut jobs as economy sputters

FACTBOX-European companies cut jobs as economy sputters Adds Santander, Michelin, Schaeffler, Auchan, Husqvarna, Mondi, Syensqo Nov 5 (Reuters) - Difficult economic conditions and persistently weak demand for many products have forced companies across Europe to freeze hiring or cut jobs. Here are some of the layoffs announced since the start of August: BANKS * DNB DNB.OL : The Norwegian lender said in September it would cut the equivalent of 500 full-time jobs over the next six months, as it pre
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Soitec, Besi shares dragged by peers Melexis, Qorvo morose updates

REFILE-BUZZ-Soitec, Besi shares dragged by peers Melexis, Qorvo morose updates Deletes extraneous words in 7th bullet ** European tech firms incl chipmakers drop, with analysts noting negative read-across from updates by Belgium's Melexis MLXS.BR and US's Qorvo QRVO.O and AMD AMD.O ** Pan-European STOXX tech index .SX8P falls 1.7%, leading sectoral losses on the wider STOXX 600 .STOXX index, which is down 0.86% ** Besi BESI.AS falls 3.2%, most among Amsterdam blue chips .AEX , while Soitec SOIT.
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U.S. STOCKS Magnite, Nvidia, Tesla

BUZZ-U.S. STOCKS ON THE MOVE-Magnite, Nvidia, Tesla Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street's main indexes moved lower on Wednesday, as worries of a less dovish Federal Reserve lifted Treasury yields, while losses in McDonald's and Coca-Cola also weighed on investors' minds.
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U.S. STOCKS Coca-Cola, Spirit Airlines, Boeing

BUZZ-U.S. STOCKS ON THE MOVE-Coca-Cola, Spirit Airlines, Boeing Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 U.S. stock index futures signaled another lower open on Wednesday as Treasury yields ticked up, fueled by concerns of a potentially less dovish central bank, while investors focused on earnings from companies including Coca-Cola and Starbucks.
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U.S. STOCKS McDonald's, Starbucks, Qualcomm

BUZZ-U.S. STOCKS ON THE MOVE-McDonald's, Starbucks, Qualcomm Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 U.S. stock index futures dipped on Wednesday as Treasury yields rose, driven by concerns of a potentially less dovish Federal Reserve, while investors focused on corporate earnings from Coca-Cola and Starbucks to assess the health of the economy.
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Texas Instruments encouraging results boost Infineon, STMicro shares

BUZZ-Texas Instruments encouraging results boost Infineon, STMicro shares ** Shares in European auto chip manufacturers Infineon IFXGn.DE and STMicroelectronics STMPA.PA rise on the back of Texas Instruments' (TI) TXN.O encouraging results ** Infineon rises 3.3% to the top of Germany's blue-chip index .GDAXI , while STMicro is up 2%, second best am
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ZF to quit Wolfspeed's German chip project, says industry source

UPDATE 3-ZF to quit Wolfspeed's German chip project, says industry source ZF planned to invest $185 mln in Saarland plant Wolfspeed postponed project due to weak demand, source says Germany seeking to halt de-industrialisation of economy Adds ZF statement and background, paragraphs 5-6, 8, 11-12 By Ilona Wissenbach FRANKFURT, Oct 22 (Reuters) - German automotive supplier ZF ZFF.UL intends to withdraw from a planned $3 billion microchip manufacturing project with U.S.
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European shares close higher after ECB lowers interest rates

UPDATE 3-European shares close higher after ECB lowers interest rates For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Nordea carries banks up 1% Sartorius tops STOXX 600 after Q3 results Germany's DAX closes at a record high STOXX 600 up 0.8% Updated at 1600 GMT By Ankika Biswas, Paolo Laudani and Johann M Cherian Oct 17 (Reuters) - European stocks closed less than 1% away from record high levels on Thursday after the European Central B
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European companies cut jobs as economy sputters

FACTBOX-European companies cut jobs as economy sputters Adds Airbus, UniCredit, Yara, and updates UPM; changes cut-off period to the start of July Oct 17 (Reuters) - Elevated levels of inflation and the impact of the war in Ukraine have forced companies across Europe to freeze hiring or cut jobs. Here are some of the layoffs announced since the start of July: BANKS * DNB DNB.OL : The Norwegian lender said in September it would cut the equivalent of 500 full-time jobs over the next six months, as
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European shares marginally up; investors eye dovish ECB comments

European shares marginally up; investors eye dovish ECB comments For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window Oct 17 (Reuters) - Stocks in Europe inched up on Thursday as investors looked for a dovish outlook on top of a fully priced in European Central Bank interest rate cut, while parsing a set of mixed corporate earnings.
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Europe before the bell: TSMC boost, Nestle miss

LIVE MARKETS-Europe before the bell: TSMC boost, Nestle miss Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com EUROPE BEFORE THE BELL: TSMC BOOST, NESTLE MISS European shares were set for a steady start on Thursday, ahead of a widely expected rate cut by the ECB later in the day and as soaring demand for AI applications helped Taiwanese chipmaker TSMC's 2330.TW profit growth beat e
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EU champions’ hope will slam into hard M&A reality

BREAKINGVIEWS-EU champions’ hope will slam into hard M&A reality The author is a Reuters Breakingviews columnist. The opinions expressed are his own. By Liam Proud LONDON, Oct 16 (Reuters Breakingviews) - Brussels wants European companies to join together and compete with U.S. and Chinese rivals. In many cases, however, national politicians and investors may have different ideas.
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"It's tough out there in the non-AI semis world"

LIVE MARKETS-"It's tough out there in the non-AI semis world" STOXX 600 down 0.1% Healthcare leads, tech lags GSK jumps on Zantac settlement U.S. CPI awaited Wall St futures lower Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com "IT'S TOUGH OUT THERE IN THE NON-AI SEMIS WORLD" As traders gear up for ASML ASML.AS to kick off the earnings season for Europe's chip sector next week, C
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Anglo American, Boliden, Central Asia Metals

EUROPE RESEARCH ROUNDUP-Anglo American, Boliden, Central Asia Metals Oct 10 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including Anglo American, Boliden and Central Asia Metals, on Thursday. HIGHLIGHTS * Anglo American AAL.L : JP Morgan cuts to neutral from overweight * Boliden AB BOL.ST : JP Morgan cuts to underweight from neutral * Central Asia Metals Plc CAML.L : Berenberg cuts to hold from buy * Fevertree Drinks Plc FEVR.L : Exane BN
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Bureau Veritas, Covestro AG, Redcare Pharmacy NV

EUROPE RESEARCH ROUNDUP-Bureau Veritas, Covestro AG, Redcare Pharmacy NV Oct 2 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Bureau Veritas, Covestro AG and Redcare Pharmacy NV, on Wednesday. HIGHLIGHTS * British Land BLND.L : Deutsche Bank raises to buy from hold * Bureau Veritas BVI.PA : JP Morgan cuts to neutral from overweight * Covestro AG 1COV.DE : Jefferies cuts to hold from buy * Redcare Pharmacy NV RDC.DE : HSBC raises t
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Germany aims to be world leader in quantum technologies, says Scholz

Germany aims to be world leader in quantum technologies, says Scholz BERLIN, Oct 1 (Reuters) - German Chancellor Olaf Scholz vowed to support the development of quantum technologies, saying at the opening of an IBM data centre on Tuesday that investment in the sector was crucial for the future of Europe's biggest economy. "Our goal is clear: to be global leader in quantum technologies," said Scholz, adding Germany had invested 2 billion euros ($2.22 billion) on quantum technology since 2020. "Th
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Precise Biometrics, Infineon Technologies Sign Agreement On Joint Product

BRIEF-Precise Biometrics, Infineon Technologies Sign Agreement On Joint Product Sept 27 (Reuters) - Infineon Technologies AG IFXGn.DE : PRECISE BIOMETRICS AND INFINEON TECHNOLOGIES SIGN AGREEMENT ON JOINT PRODUCT FOR THE AUTOMOTIVE INDUSTRY Source text for Eikon: ID:nMFN6zm7QZ Further company coverage: [IFXGn.DE] (Gdansk Newsroom)
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European semiconductors gain on Micron's upbeat Q1 forecast

BUZZ-European semiconductors gain on Micron's upbeat Q1 forecast ** European semiconductor cos rise after Micron Technology MU.O forecast higher-than-expected Q1 rev on AI demand ** Micron expects record rev of ~$8.7 bln, plus or minus $200 mln, while analysts had expected $8.28 bln - LSEG ** Micron is one of the only three providers of high-bandwi
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