Bloomberg Investors have enjoyed world-beating returns for years by owning shares of trillion-dollar technology companies, so it’s tempting to say it’s time to bail out now that bond yields are on the rise. Plenty of fund managers are resisting that temptation. Since the bull market kicked off amid the financial crisis of 2008-2009, combined value of Apple Inc, Microsoft …

  Bloomberg German energy giant Uniper SE was forced to borrow billions to pay down margin calls — the collateral that exchanges require to back up trades — as European gas and electricity prices rallied. Uniper got additional loans totaling 10 billion euros ($11.3 billion) from its Finnish parent Fortum Oyj and KfW IPEX-Bank, the company said in a statement …

  Bloomberg President Joe Biden hailed an accord with AT&T Inc and Verizon Communications Inc to delay by two weeks a new 5G service so airlines and safety officials can take steps to prevent interference with aircraft electronics. The companies issued separate statements agreeing to the delay two days before their planned Jan. 5 launch. The action came after a …

  Bloomberg Hong Kong is banning flights from eight countries including the US and UK for two weeks from January 8, in a drastic tightening of rules as it rushes to plug holes that have seen the highly infectious Omicron Covid-19 variant break through the city’s defenses. The bans last until Jan. 20 and also apply to flights from Australia, …

  Bloomberg The National Retail Federation plans to host more than 20,000 people in person at its annual convention in New York City next week despite a surge in Covid cases. The event comes at a critical time for the industry, which is grappling with labor shortages and supply constraints. Organizers say all attendees must be fully vaccinated and will …

  Bloomberg Much of the UK economy is starting the new year on sick leave. With Covid infections soaring to about 200,000 a day as the Omicron variant spreads, hospitals, restaurants, transport operators and retailers are facing acute levels of staff absenteeism. England’s National Health Service is coming under particular pressure. Matthew Taylor, chief executive officer of the NHS Confederation, …

  Bloomberg Walmart Inc and Kroger Co are boosting the price of a popular at-home Covid-19 test after a deal with the White House to sell the kits at cost expired. The price of BinaxNOW tests at Walmart is rising to $19.88 this week from $14, the company said in an email Tuesday. Kroger said it reinstated “retail pricing” after …

  Bloomberg China’s tech stocks fall once again on Wednesday as firms backed by Tencent Holdings Ltd. came under pressure after it pared investment in the cohort for a second time in two weeks. The Hang Seng Tech Index fell 4.6% — the most since July — in a third straight day of declines, with overnight weakness in US peers …

  Bloomberg Warren Buffett’s Berkshire Hathaway Inc is planning a potential return to the yen bond market, just as a drop in the Japanese currency versus the greenback makes investments in nation’s companies more attractive. The US company has mandated banks for a potential benchmark yen-denominated bond offering. The deal may come in the near future, subject to market conditions. …

  Bloomberg Citigroup Inc strategist Scott Chronert gave up on what had appeared to be a too conservative market view after US stocks rounded out a third year of monster gains. Chronert increased his year-end target for the S&P 500 to 5,100 from 4,900, citing an earnings expansion that could last for at least two more years. While keeping his …