Comcast prepares to top Disney’s $50 billion offer for Fox
(Reuters) – Comcast Corp (CMCSA.O) confirmed on Wednesday it was preparing a higher, all-cash offer for most of the media assets of Twenty-First Century Fox (FOXA.O), setting up a bidding…
Facebook users unite! ‘Data Labour Union’ launches in Netherlands
AMSTERDAM (Reuters) – Activists in Amsterdam on Wednesday launched the ‘Datavakbond’ or “data labor union”, which hopes to elect leaders to negotiate directly with Facebook and Google over what they…
Trump calls for new ‘structure’for U.S.-China trade deal
WASHINGTON (Reuters) – U.S. President Donald Trump on Wednesday signaled a new direction in U.S.-China trade talks and said any deal would need “a different structure,” fueling uncertainty over current…
U.S.-China trade deal ‘too hard to get done,’ Trump says
WASHINGTON (Reuters) – U.S. President Donald Trump on Wednesday signaled a new direction in U.S. and China’s trade talks, saying the current track appeared “too hard to get done” and…
Russia’s VTB Bank says no longer lending to Deripaska: CNBC
MOSCOW (Reuters) – VTB (VTBR.MM), Russia’s second-largest bank, has stopped lending to sanctioned Russian metals tycoon Oleg Deripaska, VTB’s President Andrei Kostin told CNBC in an interview released on Wednesday.…
Tesla trims up to $14,000 off Model X in China after tariff cuts
BEIJING (Reuters) – Tesla Inc (TSLA.O) has slashed up to $14,000 off its Model X in China after Beijing announced major tariff cuts for imported automobiles, a potential sales boost…
From Burkina to Zimbabwe, U.S. aid cuts squeeze family planning services
OUAGADOUGOU (Reuters) – The Marie Stopes Ladies who drive from village to village in the remote north of Burkina Faso offering free contraception, advice on family planning, sexual health and…
Facebook’s Zuckerberg to apologise to EU lawmakers over data leak
BRUSSELS (Reuters) – Facebook boss Mark Zuckerberg arrived to meet European Union lawmakers on Tuesday ready to apologise for a massive data leak, in his latest attempt to draw a…
Renault-Nissan-Mitsubishi VC invests first $50 million in startups
TEL AVIV (Reuters) – The Renault-Nissan-Mitsubishi alliance’s new venture capital fund has agreed five investments in four months totaling $50 million and will present another to its supervisory board next…
Beer maker AB InBev pumps up the volume in Africa
JOHANNESBURG/BRUSSELS/LONDON (Reuters) – Sitting outside the ramshackle Vimba Tavern in Johannesburg’s Alexandra township, Patrick Mashego swigs from a one-liter bottle of Carling Black Label, South Africa’s most popular beer. A…