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Broadcom mulls boosting Qualcomm bid to $120bn

Bloomberg Broadcom Ltd. plans to raise its bid for Qualcomm Inc. to around $120 billion, according to a person with knowledge of the matter, trying to force its target to come to the table in what would be the largest-ever technology deal. The chipmaker is considering lifting its offer to about $80 to $82 per Qualcomm share, the person said, ...

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UK services slowdown casts cloud over economy

Bloomberg Britain’s services growth weakened more than expected at the start of the year, casting a cloud over the economy following some recent positive figures. IHS Markit’s Purchasing Managers Index fell to 53 in January from 54.2 in December. That’s the lowest since September 2016 and well below the 54.1 economists had forecast. Along with reports showing a slowdown in ...

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Jaguar Land Rover sales in US, Europe weigh on Tata profit

Bloomberg Jaguar Land Rover’s lower sales in the US and Europe pulled down profit at parent Tata Motors Ltd. Net income was $187 million in the quarter through December, Tata Motors said. That compares with the 23.5 billion-rupee average of 15 analysts estimates compiled by Bloomberg. Profit before tax at its Jaguar Land Rover unit fell 25% to $271 million. ...

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