Europe's strategy to boost its computer chip industry and compete with Asia gets final approval

FILE - A visitor to the 21st China Beijing International High-tech Expo looks at a computer chip through the microscope displayed by the state-controlled Tsinghua Unigroup project which has emerged as a national champion for Beijing's semiconductor ambitions in Beijing, on May 17, 2018.

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Europe's strategy to boost its computer chip industry and compete with Asia gets final approvalEuropean Union member states gave final approval Tuesday to the bloc's master plan to expand semiconductor production, clearing the path for its massive effort to slash reliance on Asia for computer chips vital for everything from washing machines to cars.
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Bonds gain, U.S. stocks muted after weak European data - BNN Bloomberg​Global bonds rallied and stock markets were muted Monday, as sharp declines in manufacturing and services gauges across Europe fanned concerns about economic growth.
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