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Zelenskiy lauds Biden over ‘unprecedented’ aid

  Bloomberg Ukrainian President Volodymyr Zelenskiy expressed his gratitude to US President Joe Biden for what he called “another unprecedented security aid package” to help the country defend itself against Russia’s invasion. Biden’s administration earlier announced $4.5 billion in additional direct budgetary support and $1 billion more in military aid, the largest drawdown from existing inventories since the war began, ...

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UK economy probably entered its worst slump since lockdown

  Bloomberg The UK economy probably shrank for the first time since the nation was in a coronavirus lockdown at the start of 2021, adding to pressure for action from the contenders vying to take over as prime minister. Gross domestic product for the second quarter probably shrank 0.2%, according to a survey of economists by Bloomberg News ahead of ...

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Apple slows pace of dealmaking even as its tech peers plow ahead

  Bloomberg Apple Inc, which used to acquire a company every three or four weeks, has dramatically slowed its dealmaking in the past two years, a sign the tech giant is being more choosy in the face of a shaky economy and heightened government scrutiny. The company spent just $33 million on payments connected to acquisitions in its last fiscal ...

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