EU opens antitrust investigation of Broadcom

The European Commission said Wednesday that it has opened a formal antitrust investigation into Broadcom Inc. to determine whether the U.S.-based chip maker is restricting competition through exclusionary practices, breaching European Union rules. The commission said it suspects Broadcom AVGO, -0.96%  of using exclusionary practices including setting exclusive purchasing obligations, […]

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Oil prices drop on demand worries, Saudi supply pledge

Oil prices rise after Iran shoots down US drone Foundation for Defense of Democracies’ Jonathan Schanzer and Liberty Oilfield Services CEO Chris Wright discuss Iran’s attack on a U.S. drone and how oil prices are being affected by the U.S.-Iranian tensions. LONDON, June 25 (Reuters) – Oil prices inched lower […]

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Renault, Nissan Alliance, Alphabet’s Waymo team up

(Updates with background, CEO comment) –Renault and Nissan agree an exclusive deal with Waymo, Alphabet’s self-driving technology unit. –The deal will focus on France and Japan, but could later widen to other markets. –Both car makers will form joint ventures in the two countries. Renault SA (RNO.FR) and its partner […]

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