Dutch court orders investigation into China-owned Nexperia / Photo: ROB ENGELAAR - ANP/AFP
-
Actor behind Albania's AI 'minister' wants her face back
-
Von Allmen joins Olympic skiing greats, Kim seeks snowboard history
-
Eat less meat, France urges, for sake of health, climate
-
Australia cruise past Ireland at World Cup after skipper Marsh ruled out
-
IOC to try to convince Ukrainian not to wear banned helmet
-
Barca missing Rashford, Raphinha for Atletico cup clash
-
Tractors hit Madrid to protest EU's trade deal with South America
-
US snowboard star Kim stays on track for historic Olympic hat-trick
-
The obstacles to holding war-time elections in Ukraine
-
History-maker Von Allmen wins third Olympic gold
-
Depleted Australia reach 182-6 as skipper Marsh ruled out of Ireland clash
-
Dutch court orders investigation into China-owned Nexperia
-
US snowboard star Kim stays on track for Olympic hat-trick
-
Spurs sack Frank after miserable eight-month reign
-
Hong Kong journalists face 'precarious' future after Jimmy Lai jailed
-
French AI firm Mistral to build data centres in Sweden
-
Frank sacked by Spurs after Newcastle defeat
-
South Africa pip Afghanistan in double super over T20 thriller
-
Three Ukrainian toddlers, father, killed in Russian drone attack
-
Siemens Energy trebles profit as AI boosts power demand
-
WTO must reform, 'status quo is not an option': chief
-
European airlines warn of 'severe disruption' from new border checks
-
French rape survivor Gisele Pelicot to reveal pain and courage in memoirs
-
EU eyes tighter registration, no-fly zones to tackle drone threats
-
Shooter kills 9 at Canadian school, residence
-
Australia captain Marsh out of World Cup opener, Steve Smith to fly in
-
Spanish PM vows justice, defends rail safety after deadly accidents
-
Meloni and Merz: EU's new power couple
-
Veteran Tajik leader's absence raises health questions
-
EU must 'tear down barriers' to become 'global giant': von der Leyen
-
US grand jury rejects bid to indict Democrats over illegal orders video
-
Struggling brewer Heineken to cut up to 6,000 jobs
-
Asian stock markets rise, dollar dips as traders await US jobs
-
Britain's Harris Dickinson on John Lennon, directing and news overload
-
9 killed in Canada mass shooting that targeted school, residence
-
Wembanyama scores 40 as Spurs rout Lakers, Pacers stun Knicks
-
UK's crumbling canals threatened with collapse
-
Hong Kong convicts father of wanted activist over handling of funds
-
Australia charges two Chinese nationals with foreign interference
-
'Overloading' may have led to deadly Philippine ferry sinking
-
Bangladesh to vote on democratic reform charter
-
China coach warns of 'gap' ahead of Women's Asian Cup title defence
-
Glitzy Oscar nominees luncheon back one year after LA fires
-
Pacers outlast Knicks in overtime
-
9 killed in Canada mass shooting that targeted school, residence: police
-
De Zerbi leaves Marseille 'by mutual agreement'
-
Netanyahu to push Trump on Iran missiles in White House talks
-
England captain Stokes has surgery after being hit in face by ball
-
Rennie, Joseph lead running to become next All Blacks coach
-
Asian stock markets mixed as traders weigh US data, await jobs
NYSE - LSE
Dutch court orders investigation into China-owned Nexperia
A Dutch court on Wednesday ordered a formal investigation into alleged mismanagement at Nexperia, a Chinese-owned chip firm at the centre of a global tug-of-war over critical semiconductor technology.
The firm, based in the Netherlands but whose parent company is China's Wingtech, has been the subject of a standoff between Beijing and the West, which threatened to hobble car manufacturers that rely on its chips.
"(The court) finds that there are valid reasons to doubt the sound policy and conduct of business at Nexperia and orders an investigation," said the Amsterdam-based Enterprise Chamber in a statement.
The investigation is expected to take several months.
The court had previously played a key part in the row over Nexperia in October when it suspended the Chinese CEO Zhang Xuezheng, also known as Wing, citing concerns over his management.
These measures remain in force with the opening of the probe, the court said.
"The director remains suspended. The appointment of a temporary director at Nexperia and the transfer of the shares in Nexperia remain in effect," said the court in a statement.
F.Bennett--AMWN