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Europe Markets: European stocks fall on political stalemate, while earnings highlight pandemic winners including UBS and Logitech

European stocks slipped Tuesday on worries over the political environment on both sides of the Atlantic, as a wave of the Continent’s largest companies including UBS and Reckitt Benckiser reported how the pandemic has helped rather than hindered business.

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The Wall Street Journal: Intel reaches $9 billion deal to sell NAND unit to SK Hynix

Intel Corp. has reached a deal to sell its flash-memory manufacturing business to South Korea’s SK Hynix Inc. for about $9 billion, in a move that would reorient the semiconductor giant away from an area of historical importance that has become increasingly challenged.

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