STMicro May Back Away From Splitup Amid Discord
STMicroelectronics NV, Europe’s largest semiconductor maker, will probably decide against splitting itself into two units after disagreements between French and Italian executives over the breakup proposal, according to people familiar with the situation.
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Iran Seeks $60B for Petrochemicals
18:47 - Iran is looking to attract $60B of foreign investment to upgrade its petrochemical industry and is in talks with several companies. Bloomberg's Golnar Motevalli reports on "Bloomberg Markets Middle East." (Source: Bloomberg)