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Bloomberg Chinese companies that supply Tesla Inc. fell after Elon Musk indicated his pioneering electric car firm won’t start making vehicles in the world’s largest auto market this decade. Beijing Zhongke Sanhuan High-Tech Co., which said last year that it signed a three-year agreement to supply parts to Tesla, dropped as much as 3.6 percent in Shenzhen, while Ningbo Joyson ...

­­­­­­­­­­­Bloomberg Broadcom Ltd. Chief Executive Officer Hock Tan is contemplating an audacious $100 billion bid for Qualcomm Inc., people familiar with the matter said, using what would be the largest technology takeover to build a powerhouse that dominates the market for wireless chips. An offer of about $70 a share would include cash and stock and is likely to be ...

Bloomberg Mayor of London Sadiq Khan has announced a new programme of investment days for London startups, as he tries to maintain the UK’s position as a European hub for young tech companies. The UK national trade body for early stage companies will help run 20 investment days in London over the next four years, providing coaching and connections to ...

Bloomberg The fact that US President Donald Trump’s Twitter account was deactivated by a rogue employee has raised questions about how much access and control Twitter Inc.’s workforce has over an individual user’s account. Trump’s personal page was shut down for about 11 minutes on Thursday evening by a customer support employee who was leaving the company. Though Twitter has ...

Bloomberg With Bank of England policy makers’ voting for a first interest-rate increase in a decade, Wm Morrison Supermarkets Plc is signalling that the UK’s Brexit-induced jump in food prices is already easing. “The rate of inflation fell as we went through the third quarter,” Trevor Strain, chief financial officer of the UK’s fourth-largest grocer, said. “In our business we ...

Bloomberg The $1,000 price tag on Apple Inc.’s new iPhone X didn’t deter throngs of enthusiasts around the world who waited—sometimes overnight—in long lines with no guarantee they would walk out of the store with one of the coveted devices. At Apple’s flagship Fifth Avenue store in Manhattan, the line coiled up and down several times along 58th Street and ...

Bloomberg President Donald Trump said that he will add a day to the end of his five-nation tour of Asia, saying he would now stay for “the most important day” of a regional summit. The president had been scheduled to return to the US on Nov. 13, a day before the start of the East Asia Summit, the traditional venue ...

Bloomberg Lebanon’s prime minister Saad al-Hariri resigned on Saturday, saying he believed there was an assassination plot against him and accusing Iran and its Lebanese ally Hezbollah of sowing strife in the Arab world. His resignation shatters a coalition government form-ed last year after years of political deadlock, and which was seen as representing a victory for Shi’ite Hezbollah and ...

Bloomberg A Spanish court issued an international arrest warrant for self-exiled Catalan leader Carles Puigdemont and four others, ramping up pressure on the separatist campaign and buffeting Madrid’s plans to dampen support for the movement. National Court Judge Carmen Lamela wrote in her ruling that the separatists promoted “violent force” and incited “insurrection.” Minutes after her order was made public, ...

Bloomberg Six months ago Sao Paulo Mayor Joao Doria revealed unbridled presidential ambitions, travelling the country and the world professing an aggressive pro-market agenda and an management style with the slogan “Speed It Up.” In an interview in his Sao Paulo office this week he struck a more humble, down-to-earth tone, talking about the need to do more in his ...