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BNP Paribas sees revenue recovery

Bloomberg BNP Paribas signalled higher revenue and potential share buybacks this year after reporting weaker-than-expected trading results and a slowdown at fixed-income business. The French bank posted an uneven fourth-quarter performance that saw net income and provisions beat estimates, while overall revenue and trading came in below expectations. While the lender signaled an uncertain outlook as the pandemic continues to ...

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Chip shortage spirals beyond cars to phones, game consoles

Bloomberg The first hints of trouble emerged in the spring of 2020. The world was in the early throes of a mysterious pandemic, which first obliterated demand then super-charged internet and mobile computing when economies regained their footing. That about-face — in a span of months — laid the seeds for potentially the most serious shortage in years of the ...

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TikTok steps up search for new Dublin headquarters

Bloomberg ByteDance Ltd.’s TikTok unit is said to have identified five possible locations for a new headquarters in Dublin with space for about 2,000 workers. The Chinese tech firm is seeking about 200,000 square feet of space initially, according to the person, who asked not to be identified as the information is private. TikTok plans to move staff into the ...

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