July 16, 2018

Fox shares drop as prospects of new Comcast bid fade

Twenty-First Century Fox Inc shares dropped more than 2 percent on Monday, as investors viewed the absence of a new bid by Comcast Corp for most […]
July 16, 2018

Strong U.S. retail sales brighten economic outlook

U.S. retail sales rose solidly in June as households boosted purchases of automobiles and a range of other goods, cementing expectations for robust economic growth in […]
July 16, 2018

Jetmakers see brisk start to air show as UK tries to soothe Brexit worries

Planemakers racked up more than $20 billion of deals on the opening day of the Farnborough Airshow on Monday, suggesting demand for new passenger jets remains […]
July 16, 2018

What’s not to like? Boeing, Embraer defend planned deal

Top Boeing Co and Embraer SA executives on Monday defended their planned commercial aircraft partnership, saying they were confident it would win regulatory and shareholder approvals […]
July 16, 2018

Airbnb breaches EU consumer rules, must fall into line: EU

The European Union told Airbnb on Monday to bring its terms and conditions into line with the bloc’s consumer rules or face action by national consumer […]
July 16, 2018

Weak oil prices offset Bank of America-led earnings optimism

U.S. stocks were trading flat on Monday as a sharp drop in crude oil prices weighed on energy companies, offsetting a rebound in financials stocks after […]
July 16, 2018

BlackRock reports weaker demand for index funds, shares dip

BlackRock Inc , the world’s biggest asset manager, reported smaller demand for its funds on Monday, and its stock dropped despite a better-than-expected quarterly profit. Powered […]
July 16, 2018

BlackRock is evaluating cryptocurrencies, CEO says

BlackRock Inc Chief Executive Larry Fink on Monday said the world’s largest asset manager has assembled a working group to look at blockchain technology and cryptocurrencies, […]
July 16, 2018

IMF warns U.S. vulnerable in escalating trade fight

The International Monetary Fund warned on Monday that escalating and sustained trade conflicts are increasingly likely, threatening to derail economic recovery and depress medium-term growth prospects. […]
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