U.S.-based Applied Materials Inc (AMAT.O) on Monday scrapped its $10 billion planned takeover of chip-making gear rival Tokyo Electron Ltd (8035.T) after the deal, a rare foreign bid for a Japanese firm, fell foul of U.S. anti-trust regulators.
A high-frequency trader was arrested in the United Kingdom over his alleged role in the May 2010 "flash crash" that briefly wiped out nearly $1 trillion in market capitalization, the first time authorities have blamed manipulation for the market turbulence.
Germany's public sector banks are close to reaching a deal on the future of a deposit protection scheme for landesbanks and savings banks, people familiar with the matter said.
EU regulators has cleared telecom group Altice's (ATCE.AS) planned 7.4 billion euro ($7.9 billion) purchase of the Portuguese assets of Brazil's Grupo Oi (OIBR3.SA) subject to the condition that Altice sells its current Portuguese businesses.
