Comcast concedes to Disney in bidding war for Fox assets
Comcast Corp dropped its $66 billion bid for Twenty-First Century Fox Inc’s entertainment assets on Thursday but said it would still try to expand its international footprint by acquiring 61 percent of European broadcaster Sky Plc , the remainder of …
Exclusive: Britain pulls back on security endorsement of China’s Huawei – sources
Senior British security officials say they can give only limited assurances that Chinese firm Huawei’s UK operations pose no threat to national security, downgrading their previous position, two people with knowledge of the matter told Reuters.
Huawei ‘shortcomings’ expose new security risks in UK telecom networks – government report
Problems with products made by China’s Huawei Technologies have exposed new security risks in Britain’s telecommunications network, a UK government report said on Thursday.
Boeing sees foreign orders making 40 percent of defense sales in a decade
U.S. aerospace giant Boeing Co could generate more than 40 percent of its defence sales from international customers in a decade, the head of international sales told Reuters.
Dollar hits year high; stocks, copper pull back
The U.S. dollar hit a year high on Thursday against a basket of major currencies, but copper prices tumbled and major world stock markets pulled back amid concerns over China’s economy and continued global trade tensions.
Wells Fargo in process of refunding customers for add-on products: WSJ
Wells Fargo & Co is in the process of refunding millions of dollars to customers for adding services to their accounts without their full understanding, the Wall Street Journal reported on Thursday, citing sources.
Aviation industry urged to hire more women as staff shortages loom
Executives from top aerospace and aviation companies called on Thursday for stepped-up efforts to attract more women, saying this could help solve looming shortages of pilots, mechanics and top managers in the traditionally male-dominated sector.
Domino’s international same-store sales fail to deliver, shares slip
Domino’s Pizza Inc missed analysts’ estimates for international same-store sales growth on Thursday, prompting concerns of slowing growth at the business and pushing shares down 3 percent in morning trading.
Qualcomm disappointed with continuing EU probe into pricing case
U.S. chipmaker Qualcomm on Thursday expressed disappointment with EU antitrust regulators’ decision to continue an investigation in a case where it has been accused of charging below cost prices to stymy British phone software maker Icera.
Wall Street lower on weak earnings, escalating trade tensions
U.S. stock indexes were trading lower on Thursday, as a batch of weak quarterly reports dampened a robust earnings season and trade tensions rose on news the European Union may retaliate if United States slaps tariffs on EU cars.
