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Broadcom Shares Fall as Revenue Outlook Misses Expectations

Amid a deteriorating global economy, where consumer and enterprise spending is falling, AI has emerged as a bright spot for chipmakers. In the case...

Binance and Mastercard Part Ways Over Crypto Regulation Concerns

Global payment giant Mastercard (MA.N) will end its four crypto card programs with Binance in Argentina, Brazil, Colombia, and Bahrain as of Sept. 22,...

China’s Debt Crisis: The End of the Road for “Extend and Pretend”?

The 'basket of measures' Beijing promised to defuse local government debt risks is likely to include special bond issuance, debt swaps, loan rollovers, and...

Philips Posts Strong Earnings, Raises Profit Forecast

Dutch health technology company Philips (PHG.AS) modestly increased its full-year targets on Monday after beating quarterly earnings expectations. However, it voiced concern over China's...

TotalEnergies and Iraq Sign Landmark Deal to Transform Country’s Energy Sector

French oil significant TotalEnergies on Monday signed a long-delayed $27 billion energy deal that Baghdad hopes could lure back foreign investment to its faltering...

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