Spanish train maker Talgo receives merger offer from Czech rival Skoda MADRID, July 16 (Reuters) - Spanish train maker Talgo TLGO.MC said on Tuesday it received a merger offer from Czech rival Skoda four months after Hungarian consortium Ganz-Mavag launched a public tender offer for all Talgo shares. Skoda, which is unrelated to the car maker owned by Germany's Volkswagen, made an offer of "business combination and industrial merger" without any economic offer, Talgo said in a statement.

BREAKINGVIEWS-Tariffs offer poor airbag for Europe’s carmageddon The author is a Reuters Breakingviews columnist. The opinions expressed are his own. By Neil Unmack LONDON, July 15 (Reuters Breakingviews) - The cavalry has arrived, but try telling that to European carmakers. Volkswagen VOWG_p.DE , Renault RENA.PA and others still have miserable valuations despite Brussels threatening China with electric-vehicle penalties.

South Korea's SK On in talks to supply prismatic EV batteries as it seeks turnaround By Heekyong Yang SEOUL, July 13 (Reuters) - South Korean EV battery maker SK On is in talks with automakers to supply prismatic batteries, expanding from its existing pouch-type batteries, a senior executive said, as it scrambles to turn around amid slowing global electric vehicle (EV) demand.

LIVE MARKETS-Rotation time 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 ROTATION TIME Futures point to a sluggish open for large European names on Friday, but eyes will be on small caps after they outperformed larger peers the day before as some investors reshuffled their packs after cooler-than-expected U.S.

BUZZ-U.S. STOCKS ON THE MOVE-Pure Cycle, Tesla, Five9 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 The Nasdaq and the S&P 500 fell from record highs on Thursday, weighed by megacap stocks, as investors favored small-caps after a softer-than-expected inflation reading bolstered hopes that the U.S.