March 5 (Reuters) - U.S.-based communications equipment firm Viavi Solutions Inc ( VIAV ) has agreed to buy British telecommunications testing firm Spirent Communications ( SPNUF ) in a deal valued at about 1.01 billion pounds ($1.28 billion), the firms said on Tuesday. Spirent shareholders will get 175 pence per share. ($1 = 0.7886 pounds) ...

(Reuters) - Volkswagen's trucks arm Traton on Tuesday forecast a 2024 return on sales in line with the previous year after its annual core earnings almost doubled thanks to record high post-pandemic pent-up demand for commercial vehicles. The maker of MAN and Scania lorries sees the adjusted operating return on sales in the 8-9% range in 2024, in line with...

MEXICO CITY, March 4 (Reuters) - Mexican state oil company Pemex's debt with suppliers and contractors surged 44% between its October and February debt reports, reaching 139.12 billion pesos ($8.20 billion). According to the report, published on Monday, Pemex's invoiced obligations for 2023 and 2024 total 138.85 billion pesos, with projects and materials pending invoice at the end of February...

(Reuters) -Advanced Micro Devices ( AMD ) hit a U.S. government roadblock in its efforts to sell an artificial intelligence chip tailored for the Chinese market, as part of Washington's crackdown on the export of advanced technologies to the country, Bloomberg News reported on Monday. AMD tried to gain a go-ahead from the U.S. Commerce Department to sell the AI...