Court challenge delays vote on CBS’ Australian TV station buyout
SYDNEY (Reuters) – CBS Corp’s buyout of struggling Australian broadcaster Ten Network Holdings Ltd will be delayed at least a week, after a court on Thursday said it would pause the deal to hear a challenge by a rival bidder.
Oil dips on fears Hurricane Irma could hit crude shipments, rising Libya output
SINGAPORE (Reuters) – Oil prices dipped on Thursday over fears that Hurricane Irma in the Caribbean could interrupt crude shipments in and out of the United States, and as Libyan output began to recover from disruptions.
Court challenge delays vote on CBS TV station buyout
SYDNEY (Reuters) – CBS Corp’s buyout of struggling Australian broadcaster Ten Network Holdings Ltd will be delayed at least a week, after a court on Thursday said it would pause the deal to hear a challenge by a rival bidder.
All new Jaguar Land Rover cars to have electric option from 2020
LONDON (Reuters) – All new Jaguar Land Rover cars will be available in an electric or hybrid version from 2020, Britain’s biggest carmaker said on Thursday, as it speeds up plans to electrify its model range.
Asian shares rise after U.S. debt ceiling deal, euro braces for ECB
TOKYO (Reuters) – Asian shares bounced back on Thursday after U.S. President Donald Trump and congressional leaders unexpectedly agreed to raise the government debt limit until December, eliminating the near-term risk of a government shutdown.
Oil dips on fears Hurricane Irma could hit crude shipments, rising Libyan output
SINGAPORE (Reuters) – Oil prices dipped on Thursday over fears that Hurricane Irma in the Caribbean could interrupt crude shipments in and out of the United States, and as Libyan output began to recover from disruptions.
Chinese logistics firm Best, backed by Alibaba, launches $932 million U.S. IPO
HONG KONG (Reuters) – Best Inc, a Chinese logistics company backed by Alibaba Group , is launching a U.S. IPO that is seeking as much as $932 million to fund an expansion of its logistics and supply chain network, develop new technology and open more c…
India’s Eicher set to make $1.8 billion-$2 billion binding bid for Ducati: paper
BANGALORE/BERLIN (Reuters) – India’s Eicher Motors is set to make a $1.8 billion-$2 billion bid for Italian motorcycle manufacturer Ducati, the Economic Times daily reported on Thursday, although the sale of the brand by German owner Volkswagen remain…
Lachlan Murdoch partner in court to delay vote on CBS TV station buyout
SYDNEY (Reuters) – A business partner of News Corp Co-Chairman Lachlan Murdoch filed a motion in an Australian court on Thursday seeking to stop a vote on CBS Corp’s planned buyout of a struggling local television station.
Oil steady as U.S. refining demand rises but ample crude supplies weigh
SINGAPORE (Reuters) – Oil prices held steady on Thursday, supported by rising demand from the United States where Gulf Coast refineries are restarting in the wake of Hurricane Harvey.
