 | | | | Illumina has offered rivals royalty-free global licences for some of its patents and a three-year patent truce with Chinese rival BGI in Europe in a bid to address EU antitrust concerns over its acquisition of Grail , people familiar with the matter said. | | | | | | Europe's largest consumer-focused firms are seeing no shortage of demand despite a cost-of-living crisis, prompting several to upgrade sales forecasts for the current year. | | | | | | Boeing Co on Wednesday stuck to its goal of generating free cash flow this year and said it was in the "final stages" of preparing to restart 787 Dreamliner deliveries. | | | | | | Taiwanese chipmaker United Microelectronics Corp (UMC) said on Wednesday it sees continued growth for the industry into next year, even as soaring inflation and recession fears cool demand for consumer electronics. | | | | | | A strong outlook from Microsoft Corp and resilient Google ads sales from Alphabet sparked a relief rally on Wednesday in heavyweight technology and growth shares that have powered the stock market for the past decade. | | | | | | Lift-maker Otis Worldwide Corp said on Wednesday it had agreed to sell its Otis Russia business to Russia-based investment company Ice Development. | | | | | | U.S. stock index futures rose on Wednesday as better-than-feared quarterly reports from technology giants Microsoft and Alphabet calmed investors ahead of a key U.S. interest rate decision later in the day. | | | | | | The euro zone's looming gas crisis and Italy's political troubles will push the bloc into a mild recession and limit European Central Bank interest rate hikes, JPMorgan forecast on Wednesday. | | | | | | Russia delivered less gas to Europe on Wednesday in a further escalation of an energy stand-off between Moscow and the European Union that will make it harder, and costlier, for the bloc to fill up storage ahead of the winter heating season. | | | | | | Canada's Shopify Inc on Wednesday reported a quarterly loss as the company invests heavily to build its cloud infrastructure and delivery network to counter a slowdown in its ecommerce business, sending its U.S.-listed shares down 5%. | | | | | |
