Comcast lining up buyers for Fox sports assets: sources
Comcast Corp is identifying potential buyers for Twenty-First Century Fox Inc’s regional sports networks in an attempt to ease antitrust concerns about a new bid to acquire most of Fox’s assets, people familiar with the matter told Reuters.
U.S. appeals court upholds Volkswagen’s $10 billion diesel settlement
A federal appeals court on Monday upheld Volkswagen’s $10.03 billion settlement with the owners of nearly 500,000 polluting diesel vehicles announced in 2016.
Twitter shares fall after report says account suspensions to cause user decline
Shares of Twitter Inc fell 9 percent on Monday after a report said the social media company had suspended more than 70 million fake accounts in May and June, which could lead to a decline of monthly active users in the second quarter.
Bank, industrial stocks lift Wall Street as investors await strong quarter
U.S. stocks rose on Monday, with banking and industrial shares driving a third day of gains on Wall Street as investors looked ahead to a strong quarterly earnings season, setting aside trade concerns.
Embraer shareholder files complaint against Boeing deal: paper
A shareholder of planemaker Embraer SA filed a complaint with Brazil’s securities regulator against a planned takeover of its commercial aircraft arm by Boeing Co , newspaper Valor Econômico reported on Monday.
Sterling slides as foreign minister’s resignation heaps pressure on May
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 unless a full-blown leadership challenge materialized.
Tesla raises car prices in China amid trade war: Electrek
Tesla Inc has raised prices on its Model X and S cars by more than $20,000 in China, automotive news website Electrek reported on Monday, making it one of the first U.S. carmakers to hike prices in the wake of rising trade tensions.
Wall Street enters third day of gains as trade fears ease
U.S. stock indexes opened higher on Monday, on track for third day of gains in a row, after last week’s strong U.S. jobs data helped investors brush aside trade concerns.
Norway denies holding up Tesla move to improve service
Norway has rejected a suggestion it is holding up Tesla’s efforts to improve service in its third-biggest market, saying the electric carmaker has not yet applied to use the mobile service vans it says it needs to solve its problems.
Carillion collapse exposed flaws in UK government policy: lawmakers
The collapse of Carillion exposed the risks of using private companies to cut the cost of delivering public services and its failure could be repeated if the government does not learn lessons, lawmakers said on Monday.
