 | | | | EU industry commissioner Thierry Breton said on Monday it was for Facebook to adapt to Europe's standards, not the other way round, as he criticized the U.S. social media giant's proposed internet rules as insufficient. | | | | | | Apple Inc said on Monday that it will not meet its revenue guidance for the March quarter due to the coronavirus outbreak affecting both production and demand in China. | | | | | | France's Alstom SA has agreed to buy the rail division of Canada's Bombardier Inc for up to 6.2 billion euros ($6.7 billion) to create the world's No. 2 train manufacturer and better take on Chinese leader CRRC Corp. | | | | | | Amazon Chief Executive Officer Jeff Bezos will commit $10 billion to fund scientists, activists, nonprofits and other groups fighting to protect the environment and counter the effects of climate change, he said on Monday. | | | | | | The Trump administration is considering changing U.S. regulations to allow it to block shipments of chips to Huawei Technologies from companies such as Taiwan's TSMC , the world's largest contract chipmaker, two sources familiar with the matter said. | | | | | | Euro zone finance ministers discussed ways to pursue a more growth-friendly fiscal policy mix on Monday, in a potential nudge to Germany and the Netherlands to spend more as fears of a downturn grow in the wake of the coronavirus epidemic. | | | | | | Oil prices inched up on Monday as concerns over the economic fallout from the coronavirus outbreak in China were offset by expectations that potential production cuts from major producers could tighten global crude supply. | | | | | | The French government will make sure the acquisition of Bombardier's train business by Alstom creates value for the European rail industry and the staff of both companies, Finance Minister Bruno Le Maire said on Monday. | | | | | | The Italian government is leaning toward reappointing Claudio Descalzi as CEO of state-controlled oil firm Eni, provided he will work with a new board to speed up efforts to cut carbon emissions, four senior political sources told Reuters. | | | | | | New York on Sunday dropped its fight against the $40 billion merger of U.S. wireless carriers T-Mobile US Inc and Sprint Corp , saying the state would not appeal a judge's approval of the deal. | | | | | | By Christoph Steitz, Tom Käckenhoff, Arno Schuetze and Edward Taylor | | | | | |
