News Snapshot:
Apple hitting the $3 trillion market value barrier, coming just three days after Huawei announced that its 2021 revenues would be down almost 30pc, was the most vivid illustration yet of the widening US-China breach that threatens a new cold war. On Monday, the first day of 2022 trading on the US markets, Apple’s share price briefly hit $182.86. At this price, Apple became the first company ever to be worth more than $3 trillion. While Apple’s market value later fell back, it remains comfortably the most valuable company in the world. Three days earlier, on the other side of...