July 11, 2018

Comcast raises bid for Sky to $34 billion, tops Fox’s offer

Comcast Corp on Wednesday raised its all-cash offer for Britain’s Sky to $34 billion, topping a raised bid of $32.5 billion for the pay-TV group from […]
July 11, 2018

Glencore faces lawsuits over U.S. subpoena, stock drop

Glencore Plc faces at least two lawsuits by U.S. shareholders accusing the big Anglo-Swiss mining company of having made false and misleading disclosures before it received […]
July 11, 2018

Wall Street snaps four-day rally; latest trade threat weighs

U.S. stocks fell on Wednesday, breaking a four-session streak of gains after Washington’s threat to impose tariffs on an additional $200 billion worth of Chinese goods […]
July 11, 2018

Chipmaker Broadcom nears $19 billion deal to buy software company CA: sources

Broadcom Ltd is nearing a roughly $19 billion deal to acquire business software company CA Inc, as it seeks to diversify its technology offerings beyond semiconductors, […]
July 11, 2018

Exclusive: Airbus faces A330 delivery delays amid HNA Group woes – sources

Airbus faces a logjam of undelivered A330 jets worth well over $1 billion for airlines affiliated to China’s debt-laden HNA Group following a stand-off over late […]
July 11, 2018

Exclusive: U.S. clears hurdle to lifting ban on China’s ZTE

The U.S. signed an agreement with ZTE Corp that paves the way for the Chinese tech company to resume operations after a nearly three-month old ban […]
July 11, 2018

Trade worries threaten Wall Street’s four-day winning streak

U.S. stocks fell on Wednesday and looked set to snap their four-day winning streak after Washington’s threat to impose tariffs on an additional $200 billion worth […]
July 11, 2018

Dollar jumps as market focuses on strong data over trade tension

The U.S. dollar rose on Wednesday as the market put aside trade tension fears and focused on expectation-beating inflation report, which increased prospects that the Federal […]
July 11, 2018

Pfizer separates consumer health unit in business rejig

Pfizer Inc announced plans on Wednesday to reorganize into three units, separating its consumer healthcare business that the U.S. drugmaker has been trying to sell since […]
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