Comcast will now shift focus to acquiring British-based pay TV operator, Sky. Disney will be able to complete its $71.3 billion tie-up with Fox to create a new powerhouse in the sector as Rupert Murdoch slims down his media empire.
The African Growth and Opportunity Act has been a boon to the continent, but now that US President Donald Trump has put trade ties under the spotlight and implemented tariffs, business leaders are concerned that this too will come under fire.
Walt Disney Co won US approval to buy Twenty-First Century Fox Inc entertainment assets for $71.3 billion on condition it sell Fox’s 22 regional sports networks, giving Disney an edge over Comcast Corp’s competing bid.
G7 nations vent anger over the US decision to impose steel and aluminium tariffs this week on Mexico, Canada and the EU in a rare rebuke to Washington.
The news comes as the US prepares to send a trade delegation back to Beijing next week to continue talks aimed at defusing a potentially serious trade dispute with China
Peru's sustained economic growth has contributed to the amount of start-up companies it has. International investments in Latin American start-ups have more than doubled since 2013.
Sony says its net annual profits have hit $4.5 billion. Sales were up across the board, with the exception of the mobile operation, with asset sales adding to its operating profit.
If Takeda's bid is successful, the takeover would be the biggest ever by a Japanese company.
It was one of the biggest environmental disasters in Brazil's history. The two mining giants have been given an extension to reach a settlement.
A multi-billion dollar investment in Uber had stoked expectations that Uber would consolidate its Southeast Asian business with Grab.
Li, 89, will retire after the annual general meeting on May 10, the ports-to-telecoms conglomerate and his eldest son Victor Li will take over the reigns of his business empire.
Millions of dollars due in payments to the suppliers are at risk as the iconic toy maker speeds toward US liquidation. The retailer's difficult financial position has also put more than 3000 jobs at risk in the UK.
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