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Broadcom lowers FY guidance by USD 2 bln on export restrictions

2019-06-14 09:51:00| Telecompaper Headlines

(Telecompaper) Broadcom reported higher revenues but lower profit in the second quarter, and reduced its full year revenue outlook by USD 2 billion on "anticipated headwinds from wireless." CEO Hock Tan said demand is down on the back of continued geopolitical uncertainties and the effects of export restrictions at one of the company's largest companies. During a call with analysts, Tan noted that 4.3 percent of Broadcom's revenues for its fiscal year to November came from Huawei, or about USD 900 million, the Wall Street Journal reported.

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Firms say US abortion restrictions are "bad for business"

2019-06-11 07:37:15| BBC News | Business | UK Edition

In an open letter, leaders from nearly 200 firms argue abortion restrictions are "bad for business".

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Indonesia Delays Paper Restrictions, Vietnam to Ban Plastic Imports

2019-04-04 10:00:00| Waste Age

Indonesia has postponed its paper import restrictions until further notice, while Vietnam is moving forward with its plan to phase out scrap plastic imports.

Tags: paper plastic indonesia vietnam

 

Nike fined by EU for restrictions on football merchandise sales

2019-03-25 13:42:11| BBC News | Business | UK Edition

Cross-border sales of products for Man Utd, Barcelona and Juventus were restricted by the sportswear firm.

Tags: sales football restrictions merchandise

 

Distilled Spirits Council hails PGA Tour move to drop spirits sponsorship restrictions

2019-02-28 13:33:00| Daily beverage news and comment - from just-drinks.com

US trade group the Distilled Spirits Council has welcomed a decision by golf's PGA Tour to allow spirits sponsorship.

Tags: move tour council drop

 

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