News Corp’s decision to drop BSkyB bid welcomed
Rupert Murdoch’s News Corporation has withdrawn its bid to buy full control of BSkyB, Britain’s largest satellite broadcaster. The move came as MPs looked set … source
Oil prices flat as IEA warns of output capacity limits
LONDON (Reuters) – Oil prices steadied on Thursday after sharp losses the previous session as the International Energy Agency (IEA) said the world’s oil supply cushion “might be stretched to…
Comcast makes higher offer for Sky, tops Fox bid
(Reuters) – Comcast Corp (CMCSA.O) on Wednesday raised its offer for Britain’s Sky (SKYB.L) in a deal valuing the pay-TV group at $34 billion, challenging a raised bid from Twenty-First…
News Corp admits liability in hacking scandal
http://www.euronews.net/ After months of denials and attempting to put its finger in the bursting dyke of revelations about its corrupt journalistic methods, Rupert … source
U.S. mergers help bank fees spike to record highs
NEW YORK (LPC) – A record $1.45 trillion of US syndicated lending to companies for acquisitions, leveraged buyouts, dividends and refinancing in the first half of the year has propelled…
Siemens, Alstom deal faces full-scale EU antitrust probe: sources
BRUSSELS/FRANKFURT (Reuters) – Siemens (SIEGn.DE) and Alstom (ALSO.PA) are set to face a full-scale EU antitrust investigation this week after declining to provide concessions to allay regulatory concerns about their…
Sterling slides as foreign minister’s resignation heaps pressure on May
LONDON (Reuters) – Sterling slid on Monday after the resignation of the British foreign minister heaped pressure on Prime Minister Theresa May, but its losses were expected to be contained…
Air France KLM’s traffic rises, transport boss touted as new CEO
PARIS (Reuters) – Air France KLM (AIRF.PA), hit by strikes and without a CEO since May, reported higher passenger traffic for June on Monday, while a leading French transport executive…
Michel Barnier Is Negotiating Brexit For The 500 Million EU Citizens That Remain (HBO)
The EU AND UK will soon launch the latest round of Brexit talks next week, and one man will be speaking for the 27 remaining countries: Michel Barnier. source
Britain’s ‘News of the World’ axed over phone hacking
Engulfed in a phone hacking scandal, the UK’s best-selling newspaper, the News of the World, has been sensationally axed. Media mogul Rupert Murduch shut … source