October 7, 2018

UK seeks additional reassurances from Comcast on independence of Sky News

Britain has sought additional reassurances from cable company Comcast over the editorial independence of the Sky News television channel following the U.S. group’s takeover of broadcaster […]
October 6, 2018

Vivendi reaffirms support for TIM CEO, decries ‘rumor campaign’

Top shareholder Vivendi reaffirmed its support for Telecom Italia’s (TIM) Chief Executive Amos Genish, while accusing activist fund Elliott of running a “rumor campaign” to discredit […]
October 6, 2018

Italy works on extending Alitalia loan deadline: source

Italy is working on an extension of as much as six months to a Dec. 15 deadline for Alitalia to repay a 900 million euro ($1 […]
October 6, 2018

Banks back Democrats in bid to rebuild bipartisan support

Banks are going to bat for Democrats in the U.S. November midterm congressional elections as part of an ambitious strategy to rebuild the bipartisan support they […]
October 5, 2018

Scooter company Bird enters Latin America with launch in Mexico City

California startup Bird said on Friday it has launched its electric scooters in Mexico City, expanding its effort to shake up urban transportation globally. Powered by […]
October 5, 2018

Under fire from Musk, top fund firms defend securities lending

Accused by Tesla Inc Chief Executive Elon Musk of making “excessive profit” by lending shares to short-sellers, top index fund companies shot back on Friday that […]
October 5, 2018

Stocks fall globally after U.S. jobs data, Treasury yields rise again

Major world stock markets sank for a second straight day on Friday after strong U.S. jobs numbers signaled a continued tightening of the labor market and […]
October 5, 2018

Oil prices mark weekly gain ahead of Iran sanctions

Crude futures steadied on Friday after climbing to four-year highs earlier this week, and both Brent and U.S. crude marked weekly gains ahead of U.S. sanctions […]
October 5, 2018

Wall Street falls as solid jobs report boosts bond yields

U.S. stocks dropped for a second straight day on Friday, weighed down by another rise in Treasury yields in the wake of a solid jobs report […]
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