Murdoch reported to be moving to consolidate European pay-TV holdings
NEW YORK (Reuters) – Reports this weekend that Rupert Murdoch’s 21st Century Fox wants to consolidate its pay-TV European holdings by combining the company’s stake in British Sky Broadcasting Group Plc with its Sky Deutschland and Sky Italia assets wou…
Ukraine casts shadow as investors take pulse of fragile economy
BRUSSELS (Reuters) – U.S. and euro zone data will help investors take the pulse of the global economy this week, but the crisis in Ukraine threatens to spoil any improvement.
U.S. economic strength may not be clear for months: Fed’s Lockhart
DUBAI (Reuters) – The U.S. economy should accelerate in the second quarter to an annual growth rate of 3 percent or more, but it may not be clear for some time if the pick-up is sustainable, a Federal Reserve official said on Sunday.
Once Europe’s lead preacher of budget prudence, Finland loses righteousness
HELSINKI (Reuters) – Vesa Vihavainen is worried. Merivaara, his Finnish-based hospital bed-making business, is struggling – just like the economy that Finns once held up to debt-laden Greeks as a model of what national thrift can achieve.
Fired from Walmart, Mrs Wang is now gunning for China’s state labor union
SHENZHEN, China (Reuters) – When Wang Yafang was fired from her job at a Walmart in southern China in July 2011 for dishonesty, she refused to sign the termination papers and even showed up at work the next day – only to be sent away.
U.S. casino billionaires place bets in Japan’s tale of two cities
OSAKA/TOKYO (Reuters) – Two U.S. billionaires are betting on rival cities, Tokyo and Osaka, to be the first in Japan to open casino resorts – once the government gives the go-ahead to legalize gambling.
Payment problems disrupting Iran food deals: sources
LONDON/ANKARA (Reuters) – Payment problems are disrupting commercial food cargoes to Iran, with hundreds of thousands of tons of grain and sugar stuck in transit, as Western banking sanctions complicate deals and trade financiers scale back exposure.
Under fire, Pfizer hits back as it weighs next Astra move
LONDON (Reuters) – U.S. drugmaker Pfizer fought back on Saturday against criticism that its planned takeover of rival AstraZeneca would damage Britain’s science base by saying strong UK research was a key reason for the deal.
Murdoch reported to be moving to consolidate European pay-TV holdings
NEW YORK (Reuters) – Reports this weekend that Rupert Murdoch’s 21st Century Fox wants to consolidate its pay-TV European holdings by combining the company’s stake in British Sky Broadcasting Group Plc with its Sky Deutschland and Sky Italia assets wou…
Lonmin expects mass return at strike-hit South Africa platinum mines
JOHANNESBURG (Reuters) – World no. 3 platinum producer Lonmin said it anticipated a “mass return to work” on Wednesday at its strike-hit South African operations, according to an internal company memo to employees.