Bloomberg The US gave a stark warning to companies around the world: Evading sanctions on Iran will hurt. “I promise you that doing business in Iran in defiance of our sanctions will ultimately be a much more painful business decision than pulling out of Iran,” Secretary of State Michael Pompeo said at a news conference in Washington, after the US ...

Bloomberg Euro-area companies entered the final stretch of 2018 the most despondent in almost four years, burdened by protectionism and sliding markets. IHS Markit’s Purchasing Manager’s Index for manufacturing and services fell to 53.1 in October, the worst since September 2016, and a gauge of the business outlook fared even worse. “Expectations have slumped to the bleakest since the end ...

Bloomberg Verizon Communications Inc. unveiled a reorganisation focussed on three groups — consumers, business customers and media — as part of Chief Executive Officer Hans Vestberg’s plan to advance 5G wireless technology. Vestberg, who spent his entire career at communications-equipment maker Ericsson AB before coming to Verizon in April 2017, is making network technology a priority throughout the company. Fifth-generation ...