Bloomberg Chipmaker Broadcom Inc gave a strong sales forecast for next year thanks to heavy spending by cloud providers. The company’s wireless business, a key Apple Inc supplier, performed better than expected in the quarter that ended on November 4. Chief Executive Officer Hock Tan suggested that was driven by demand for older iPhones, but also warned of a “downtick” ...

Bloomberg A Blackstone Group LP unit that buys stakes in alternative-asset managers is nearing a deal to make a minority investment in GI Partners, according to people familiar with the matter. The size of the stake that Blackstone Strategic Capital Holdings is in talks to acquire couldn’t immediately be learned. The transaction hasn’t been finalised and either side may decide ...

Bloomberg UK financial-services exports to the European Union could be 59 percent lower after Brexit, even if Prime Minister Theresa May secures a free-trade agreement, according to the Centre for European Reform. “Any arrangement that sees the UK leave the single market will inevitably lead to new barriers to services exports from the UK to the EU,” the think tank’s ...