Technology

MEXICO CITY (Reuters) – Mexican officials blocked Walmart Inc’s deal to buy delivery app Cornershop because Walmart could not guarantee a level playing field for rival retailers, whose customers use the app to order groceries and other goods, according to an official document and an interview with the top competition regulator this week. FILE PHOTO:
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LONDON/BENGALURU (Reuters) – Broadcom Inc sent a shockwave through the global chipmaking industry on Friday with its forecast that U.S.-China trade tensions and the ban on doing business with Huawei Technologies would knock $2 billion off the company’s sales this year. The forecast, included in the company’s second-quarter results late on Thursday, was the hardest
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People visit a FedEx Express booth during the China International Import Expo (CIIE) at the National Exhibition and Convention Center in Shanghai, China November 7, 2018. Picture taken November 7, 2018. REUTERS/Stringer BEIJING (Reuters) – Chinese authorities have launched an investigation into FedEx Corp over parcels delivered to the wrong addresses, China’s official Xinhua news
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FILE PHOTO: Broadcom Limited company logo is pictured on an office building in Rancho Bernardo, California May 12, 2016. REUTERS/Mike Blake LONDON (Reuters) – European semiconductor stocks fell on Friday after U.S. chipmaker Broadcom warned a U.S.-China trade conflict and export restrictions on Huawei were causing a broad slowdown in demand for chips. Shares in
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