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‘China’s Hawaii’ offers visa-free access to 33 more nations

Bloomberg China has extended visa-free access to Hainan for another 33 — mostly European and South American — countries, as President Xi Jinping seeks to boost the tropical province’s popularity among foreign tourists. New regulations expanding the travel privileges to 59 nations come into effect in May, the official Xinhua News Agency said, citing the State Immigration Administration. Tourists from ...

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IBM turnaround questioned on slow growth of new businesses

Bloomberg IBM’s one-quarter growth streak is already in doubt. Shares of the technology company fell in early trading after it reported narrower profit margins and no revenue growth, excluding help from a weak US dollar. That cast a shadow over an effort to sell more-profitable cloud-based software to revive growth after five years of revenue declines. Though heading in the ...

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AT&T may have an edge over US govt in court battle for Time Warner

Bloomberg AT&T Inc. and Time Warner Inc. may have gained an edge in the biggest merger trial in decades as the companies have exposed weaknesses in the Trump administration’s antitrust lawsuit to block their $85 billion merger, according to lawyers and economists following the battle. As the US rested its case in the fifth week of the trial, AT&T and ...

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