Nvidia shares open higher after $500bn sell-off; Microsoft hit with EU antitrust charge over Teams – as it happened
by Graeme Wearden from on (#6NRJD)
Nvidia shares rise in early trading after sliding 13% over last three sessions, wiping out half a trillion dollars of value
Airbus's woes have hit UK aerospace manufacturers.
Rolls-Royce, which makes and maintains jet engines, are down 3.3% in London, while Melrose, which produces engine components, are down 3.7%.
In commercial aircraft, Airbus is facing persistent specific supply chain issues mainly in engines, aerostructures and cabin equipment.
These are mainly related to updated assumptions on schedules, workload, sourcing, risks and costs over the lifetime of certain telecommunications, navigation and observation programmes.
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