Why China will likely recover more slowly from the latest Covid shock

As Shanghai tries to reopen businesses, one downtown district over the weekend banned residents from leaving their apartment complexes again for mass virus testing. Pictured here, in another district on May 21, 2022, is a line outside a shopping mall. Xu Kaikia | Visual China Group | Getty Images BEIJING — China’s economy won’t be … Read more

Five Things to Know About Broadcom’s Potential Deal for VMware

Text size Broadcom stock slipped in response to news of the possible deal. Justin Sullivan/Getty Images Broadcom ’s expected acquisition of cloud computing provider VMware will likely rank as one of the year’s biggest mergers.  Broadcom (ticker: AVGO), a chip maker, is in talks to buy VMware (VMW), according to Bloomberg, which said the transaction … Read more

Access to this page has been denied.

Access to this page has been denied because we believe you are using automation tools to browse the website. This may happen as a result of the following: Javascript is disabled or blocked by an extension (ad blockers for example) Your browser does not support cookies Please make sure that Javascript and cookies are enabled … Read more

Snap spooks markets with macroeconomic warning

Snap lost nearly a third of its value on Monday after the social media group said in an unscheduled earnings warning that it would be stung by worsening macroeconomic conditions. The Snapchat parent said in a regulatory filing that since it issued guidance at its earnings on April 22, “the macroeconomic environment has deteriorated further … Read more

Access to this page has been denied.

Access to this page has been denied because we believe you are using automation tools to browse the website. This may happen as a result of the following: Javascript is disabled or blocked by an extension (ad blockers for example) Your browser does not support cookies Please make sure that Javascript and cookies are enabled … Read more

Global dividend outlook stabilises in spite of Ukraine war

The global outlook for dividends has stabilised, defying fears that Russia’s invasion of Ukraine would prompt cuts to shareholder payments, according to a widely followed industry report. The first quarter of this year delivered a broad-based increase in company payouts across all industries, led by oil and mining groups riding the resources boom, according to … Read more

UK withdrawal from Afghanistan was a ‘disaster’ and ‘betrayal’

The UK’s withdrawal from Afghanistan was a “disaster” and “betrayal” of its partners in the country caused by systemic failures of intelligence, diplomacy, planning and preparation, according to a parliamentary report into last year’s pullout of British troops. The cross-party House of Commons foreign affairs select committee said that the chaotic departure from the country … Read more