Major Deals and Strategic Moves in Global Business Landscape

In a notable series of international business moves, JD.com has put forward a 2.2 billion-euro offer for German electronics retailer Ceconomy, marking one of the significant Chinese acquisition attempts in Europe in recent times.

UK-based chip manufacturer Arm revealed its plans to potentially start designing its own chips, a strategy expected to alter its current dynamics with major partners such as Nvidia. This could represent a pivotal shift in the semiconductor market.

On the political front, U.S. Republican Senator Roger Wicker will lead a congressional delegation to Taiwan, highlighting international governmental interest amidst corporate exchanges. Additionally, Tata Motors' substantial acquisition of Iveco for 3.8 billion euros signifies further realignment in the automotive sector.

(With inputs from agencies.)