Category Business

UK regulator warns on Broadcom’s $69bn VMware deal

Britain’s competition regulator says US chipmaker Broadcom’s $69bn takeover of cloud software company VMware could make computer servers more expensive, warning it may launch an in-depth investigation if the problem is not addressed. The Competition and Markets Authority said on…

Booker, Warnock press banks on overdraft fees

Senator Cory Booker (D-NJ) speaks during the confirmation hearing of Attorney General nominee Merrick Garland before the Senate Judiciary Committee, Washington, DC, February 22, 2021. Al Drago Pool | Reuters WASHINGTON – Sens. Cory Booker and Raphael Warnock asked the…

UK inflation jumps unexpectedly to 10.4% in February

UK inflation unexpectedly accelerated in February, raising expectations that the Bank of England will raise interest rates again at its meeting on Thursday. The annual rate of consumer price inflation rose to 10.4 percent in February, the National Statistics Office…