July 31 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.
Headlines
- JD.com launches 2.2 billion-euro offer for German electronics retailer Ceconomy
- Arm to explore designing its own chips, CEO says
- Top Republican lawmaker to lead congressional delegation to Taiwan
- Iveco to sell defence and truck units in deals worth 5.5 billion euros
Overview
- Chinese ecommerce group JD.com 9618.HK has launched a takeover bid for German electronics retailer Ceconomy CECG.DE, in what could be one of the largest Chinese acquisitions in Europe in recent years.
- UK chip company Arm O9Ty.F confirmed it was exploring the idea of launching its own chips on Wednesday in a move that would represent a significant shake-up in its relationship with big customers such as Nvidia NVDA.O.
- U.S. Republican Senator Roger Wicker, chairman of the Senate Armed Services Committee, will lead a congressional delegation to Taiwan in August.
- India's Tata Motors TAMO.NS will buy Iveco IVG.MI in a deal valued at 3.8 billion euros ($4.34 billion), the companies said on Wednesday, after the Italian truckmaker separately agreed to sell its defence business to Leonardo LDOF.MI.
($1 = 0.8755 euros)
(Compiled by Bengaluru newsroom)
((globalnewsmonitoring@thomsonreuters.com))
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