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Probe starts after UAE satellite lost in failed Vega launch

(Reuters) – An investigation is under way after a European Vega rocket failed after take-off, destroying a military observation satellite as it was about to be placed in orbit for the United Arab Emirates, European space authorities said on Thursday. The Itali... More »

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Infineon to buy Cypress Semiconductors in 9 billion euro deal

FRANKFURT (Reuters) – Infineon has agreed to buy Cypress Semiconductors in a deal valuing the U.S. maker of microchips used in cars and electronic devices at 9 billion euros ($10.1 billion), including debt, the German company said on Monday. The cash offer of ... More »

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France’s Altran Tech says it was hit by cyber attack

(Reuters) – French engineering consulting firm Altran Technologies was the target of a cyber attack last Thursday that hit operations in some European countries, it said. Altran said on Monday it had shut down its IT network and applications and a recovery pla... More »

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France’s Atos boosts U.S. presence with Syntel acquisition

(Reuters) – French IT services company Atos (ATOS.PA) is boosting its North American operations with a $3.4 billion cash deal to buy Michigan-based IT services provider Syntel Inc (SYNT.O). Atos’ shares traded 7 percent lower by 1020 GMT on Monday on disappoin... More »

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Finland’s Nokia signs 1 billion euro deal with China Mobile

(Reuters) – Nokia has signed a one billion euro ($1.17 billion) deal to support China Mobile, the Finnish network gear maker said on Tuesday. Under the terms of the one-year deal, which was signed at Sino-German Economic Forum, Nokia will provide the Chinese o... More »

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SocGen targets German growth with Commerzbank funds deal

PARIS (Reuters) – Societe Generale (SOGN.PA) will buy Commerzbank’s (CBKG.DE) derivatives and asset management businesses in a move the French bank said will boost its Lyxor funds division and raise its profile in Germany, the euro zone’s biggest economy. Stil... More »

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Novartis wins CHMP nod for drug combo against some lung cancers

The logo of Swiss drugmaker Novartis AG is seen at its headquarters in Basel, Switzerland January 25, 2017. REUTERS/Arnd Wiegmann Swiss drugmaker Novartis’s drugs Tafinlar and Mekinist edged closer to approval in Europe to be used together against a type of lu... More »