Bloomberg Business

Broadcom Gives Downbeat Forecast, Signaling Sluggish Chip Demand

Broadcom Inc., a supplier of chips to Apple Inc. and a broad swath of the tech industry, suffered its worst stock decline in four months after giving a disappointing forecast for the current period, signaling that demand remains sluggish for electronic components.

Ukraine Recap: Putin-Erdogan Talks Monday; Russian ICBM on Alert

The Kremlin confirmed that Russian President Vladimir Putin and Turkish counterpart Recep Tayyip Erdogan will meet in Sochi, southern Russia, on Monday. The pair are expected to discuss reviving the Black Sea grain deal after Moscow abandoned the agreement – brokered a year earlier by Turkey and the UN – in July. Russian officials have said repeatedly that not enough’s been done to address their demands, and Moscow has bombarded Ukrainian grain infrastructure in the past month. Erdogan’s visit c

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