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It raised $3.5 billion from the stock market in March, only for its market value to dwindle by almost $8 billion. AstraZeneca Plc’s first-ever stock sale has been a painful experience. It could become an unwelcome deterrent to other companies that ought to do the same. The British drugmaker was exploiting its strong share price to get its financial house ...

President Trump, self-declared “Tariff Man,” lived up to his billing and wielded his favorite weapon yet again ahead of crucial trade talks with China this week. Enough is enough. The US needs to bring these negotiations to a close before more damage is done. US officials say Trump’s threat to raise tariffs on $200 billion worth of Chinese goods came ...

The crash at Moscow’s Sheremetyevo Airport that killed 41 people on Sunday hasn’t been fully explained yet. Yet it should serve as a reminder that post-imperial ambitions have a cost, including in human lives. The doomed Aeroflot Sukhoi Superjet 100 had returned to the airport some 30 minutes after takeoff due to a lighting strike, then made a hard landing ...

Singaporeans aren’t spending like they used to, at least not in shopping malls. There are too many already and more are being built. But investors still have good reasons to back mall owners. The city-state has 6.1 million square meters of retail space, of which 8.7 percent is vacant. Yet companies are forecast to add a further 364,000 square meters, ...

During the go-go years before the financial crisis, Deutsche Bank AG expanded with reckless abandon, chasing a spot among the Wall Street elite at all costs. Since the wheels came off for the industry at the end of the last decade, the German giant has been ruinously slow to adapt, deepening the value destruction for its shareholders. For two decades ...

Bloomberg Apple Inc is planning to unleash a slew of new apps, features and development tools at its annual software conference next month. To improve its devices and strengthen its connection to customers, the consumer technology giant will continue to walk a fine line between wooing outside app makers while also competing against them. The Worldwide Developers Conference, or WWDC, ...

Bloomberg Dyson Ltd’s electric car may have a long wheel base, an interior cabin with reclining seats and an aerodynamic design, according to patents awarded to the company. The patents, filed about 18 months ago and made public, are the first glimpse of the car being built by the UK-based company known for pricey vacuums, hair dryers and air purifiers. ...

Bloomberg Google unveiled cheaper Pixel smartphones after the company’s line of premium handsets failed to sell in large numbers. Slower processors and cheaper materials helped Google price the Pixel 3a with a 5.6-inch screen at $399. The larger Pixel 3a XL has a 6-inch screen and costs $479. That’s roughly half the price of the company’s existing Pixel phones, before ...

Bloomberg The Federal Reserve probably will be more inclined to cut interest rates now that President Donald Trump has followed through on his threat to increase tariffs on US imports from China. But it won’t rush into doing so. While the higher levies will put upward pressure on inflation by raising import prices, the central bank will likely be more ...

Bloomberg Tencent Holdings Ltd., Ant Financial, Industrial & Commercial Bank of China Ltd. and Xiaomi Corp. are among companies to win licenses to create virtual lenders in Hong Kong, bringing major players into the race to shake up the city’s traditional banking sector. Tencent has teamed up with ICBC’s local unit and Hong Kong Exchanges and Clearing Ltd., according to ...