July 11, 2018

Murdoch’s Fox ups Sky bid to $32.5 billion, all eyes on Comcast

Rupert Murdoch’s 21st Century Fox has raised its offer for Britain’s Sky in an agreed deal valuing the pay-TV group at $32.5 billion, seeing off rival […]
July 11, 2018

U.S. threat of more tariffs on China hits yuan, Aussie

The Chinese yuan skidded toward an 11-month low and the Australian dollar fell on Wednesday after the Trump administration threatened 10 percent tariffs on $200 billion […]
July 11, 2018

U.S. ratchets up China trade war, threatens tariffs on $200 billion of goods

The Trump administration raised the stakes in its trade dispute with China on Tuesday, saying it would slap 10 percent tariffs on an extra $200 billion […]
July 11, 2018

Exclusive: JD.com’s finance unit raises $2 billion, doubles valuation – sources

JD.com Inc’s finance arm has raised at least 13 billion yuan ($1.96 billion) in fresh equity from Chinese investors, doubling its valuation ahead of an expected […]
July 11, 2018

Shanghai to speed up efforts to cancel foreign investment curbs in auto making

Shanghai will accelerate efforts to cancel restrictions on foreign investment in the auto manufacturing sector, a government official said on Wednesday, a day after Tesla said […]
July 11, 2018

Uber executive Hornsey resigns in email to staff following discrimination probe

Uber Technologies Inc’s Chief People Officer Liane Hornsey resigned in an email to staff on Tuesday, following an investigation into how she handled allegations of racial […]
July 11, 2018

Stock markets roiled as U.S. ups ante in trade conflict

A sell-off in Chinese markets knocked Asian stocks on Wednesday as U.S. threats of tariffs on an additional $200 billion worth of Chinese goods pushed the […]
July 11, 2018

U.S. regulator shelves reform on voting in board fights: sources

The U.S. securities regulator has shelved a proposed Obama-era reform that would have given shareholders in companies more freedom to vote for their preferred candidates during […]
July 11, 2018

China says plans by U.S. for additional tariffs completely unacceptable

China’s commerce ministry said on Wednesday the proposed U.S. tariffs on an extra $200 billion of Chinese goods is completely unacceptable, adding that Beijing will have […]
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