Shares of Broadcom, which is effectively barred from continuing its hostile pursuit of Qualcomm, rose nearly 3 per cent in morning trading. Qualcomm shares fell 3.5 per cent. Photograph: Reuters

Broadcom chief executive Hock Tan is unlikely to put the brakes on his acquisition spree after the microchip maker’s $117 billion bid for rival Qualc(...)

Latvia’s prime minister Maris Kucinskis: the Baltic state sought to restore confidence in its scandal-hit banking sector.  Photograph: Yves Herman/Reuters

Latvian officials are due to hold an emergency meeting on Monday after the European Central Bank wound up the country’s third-largest lender, ABLV, wh(...)

  Latvia Ilmars Rimsevics. Latvia’s finance minister said Mr Rimsevics should step aside for the time being to protect the Baltic country’s reputation. Photograph: Roman Koksarov/AP

Latvia’s anti-corruption agency has detained central bank governor Ilmars Rimsevics, prompting calls for him to step aside while he is under investiga(...)

President Donald Trump speaks to the media during a cabinet meeting at the White House in Washington. Photograph: Kevin Dietsch/EPA

US president Donald Trump has declared North Korea a state sponsor of terrorism. The designation on Monday allows the United States to impose additio(...)

Traders work on the floor of the New York Stock Exchange. Tech stocks enjoyed a rebound on Tuesday.

A recovery in tech stocks and fresh optimism over troubled Italians banks lifted European shares from seven-week lows on Tuesday. The pan-European STO(...)

US president Donald Trump unleashed a barrage of criticism against Japan and China on Tuesday, saying they were devaluing their currencies. Photograph: Al Drago/The New York Times

China said on Friday it has never used its currency as a tool to gain an advantage in trade and was not seeking a “currency war”, after US president D(...)

The shop ‘Army of Russia’, located opposite the US embassy in Moscow, with an image of US president-elect Donald Trump. Photograph: Reuters

US law enforcement and intelligence agencies are examining intercepted communications and financial transactions as part of a broad investigation int(...)

US Treasury Department has granted licenses to Boeing and Airbus to deal with Iran. Photograph: iStock

Boeing has won US approval to sell its first jetliners to Iran in almost 40 years, paving the way for the biggest business transaction between the two(...)

Chief executive Tim Cook said earlier this month that Apple would bring back several billion in untaxed offshore cash sometime in 2017. The company has about $232 billion in cash, with $214 billion of that held overseas. (Photograph: David Paul Morris/Bloomberg)

When Apple was ordered by European regulators to pay $14.5 billion plus interest in back taxes to Ireland, the giant technology company seemed to be f(...)

Barack Obama drinks from a coconut in Laos as the first visit by a US president to the southeast Asian country continued on Wednesday. He faced criticism in the US over payments to Iran. Photograph: Saul Loeb/AFP/Getty Images

The Obama administration has acknowledged that it paid $1.7 billion (€1.5 billion) in cash to Iran to settle a 37-year legal dispute, drawing more fir(...)

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