Fox commits to Sky News independence to try to secure Sky deal
LONDON (Reuters) – Rupert Murdoch’s Twenty-First Century Fox said it would commit to maintain Sky News in Britain for at least five years and would establish an independent board for the channel to try to secure its takeover of pay-TV operator Sky .
Futures up more than 1 percent after worst week in two years
(Reuters) – U.S. stock index futures were up more than 1 percent, attempting a rebound from Wall Street’s worst week in two years, while volatility remained relatively elevated and U.S. bond yields hit new four-year highs.
Unilever threatens online ad cuts to clean up internet
LONDON (Reuters) – Consumer goods giant Unilever , one of the world’s biggest advertisers, has threatened to pull investment from digital platforms such as Facebook and Google that “create division” in society or fail to protect children.
Japan’s Honda to recall roughly 350,000 cars in China over engine issue
BEIJING (Reuters) – Honda Motor Co Ltd will recall roughly 350,000 vehicles in China to resolve a cold-climate engine issue and quell a barrage of customer complaints that has hit the Japanese automaker over the past month.
A culprit for financial site glitches: you and your apps
BOSTON (Reuters) – Jittery investors and their smartphones stressed out leading U.S. online financial sites last week as heavy volatility shook markets, technology analysts said.
World shares attempt bounce after worst week in two years
LONDON (Reuters) – World shares staggered higher on Monday after suffering their worst week in two years, attempting to brush off fresh rises in global bond yields while equity futures pointed to a firmer Wall Street session ahead.
Data overload: commodity hedge funds close as computers dominate
LONDON (Reuters) – “Chocfinger” made his name and his money by taking bold bets on cocoa markets. But after nearly four decades of trading, sometimes winning, sometimes losing, Anthony Ward threw in the towel.
UK’s SFO extends Qatari loan charge to Barclays operating arm
LONDON (Reuters) – Barclays’ legal problems deepened on Monday when Britain’s Serious Fraud Office charged its operating subsidiary with providing unlawful financial assistance to Qatari investors during the banking crisis a decade ago.
Airbus shares fall after engine snag halts some deliveries and tests
PARIS (Reuters) – Shares in European planemaker Airbus fell on Monday after sources said Airbus had stopped delivering A320neo jets powered by Pratt & Whitney geared-turbofan engines and halted pre-delivery test flights after some engine snags.
Big Oil takes stage for post-austerity beauty contest
LONDON (Reuters) – With years of austerity in their rear-view mirrors, the world’s biggest oil companies are locked in a beauty contest to lure investors with promises of growth and greater rewards.
