Billionaire Patrick Drahi is considering selling stakes in the carriers he controls in France and Portugal among several options for reducing the debt pile at his telecommunications empire Altice.
Koninklijke Philips NA has agreed to pay at least $479 million to resolve part of a sprawling litigation tied to a 2021 US recall of millions of machines designed to treat sleep apnea, according to lawyers for the plaintiffs.
Koninklijke Philips NA has agreed to pay at least $479 million to resolve part of a sprawling litigation tied to a 2021 US recall of millions of machines designed to treat sleep apnea, according to lawyers for the plaintiffs.
Qualcomm Inc., the world’s biggest supplier of smartphone chips, suffered its worst stock decline in a month after upheaval in China threatened the company’s sales in a critical market.
Texas is bracing for another night of tight power supplies as an unprecedented heatwave stokes demand for electricity to run air conditioners across the second-largest US state.
Stocks retreated amid concern over how a Chinese ban on Apple Inc.’s iPhone could impact other segments of the American technology industry. Treasuries were mixed and the dollar was little changed.
The software giant also will pay related fines and settlements, so long as customers follow its rules.
Adyen NV has won approval for a UK banking license, replacing its temporary post-Brexit permission to offer embedded finance and other payments services.
Former FTX executive Ryan Salame is planning to plead guilty to criminal charges over the collapse of the cryptocurrency exchange, according to people familiar with the case.
China has raised the issue of improved access to advanced semiconductors in international discussions over progress on tackling climate change, according to people familiar with preparations for the Group of 20 summit.
