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World Financial News

Disney hikes bid for Fox assets to $71.3 billion, tops Comcast
Posted on Thursday June 21, 2018

(Reuters) - Walt Disney Co raised its bid for the bulk of Twenty-First Century Fox Inc's film and television assets to $71.3 billion on Wednesday, sweetening its deal with

Nasdaq climbs to record; Dow capped by trade concerns
Posted on Thursday June 21, 2018

NEW YORK (Reuters) - The Nasdaq closed at a record on Wednesday, lifted by a climb in large-cap tech and consumer discretionary names, while the Dow and S&P 500 were

Tesla accuses former employee of hacking and transferring data
Posted on Thursday June 21, 2018

SAN FRANCISCO (Reuters) - Tesla Inc has sued a former employee claiming that he hacked the electric carmaker's trade secrets and transferred large amounts of company data to third parties,

Trump, U.S. lawmakers meet to discuss 'problematic' measure on China's ZTE
Posted on Thursday June 21, 2018

WASHINGTON (Reuters) - U.S. President Donald Trump and a group of Republicans from the Senate and House of Representatives met at the White House on Wednesday to discuss their

Exclusive: Toyota, pressed to innovate, is cutting marketing costs to fuel research
Posted on Thursday June 21, 2018

BEIJING (Reuters) - Toyota has begun slashing costs, starting with sales and marketing, and shifting resources into research that will help it keep up with new competitors, four people familiar

Asia Financial News

Do Britain’s railways need a Fat Controller?
Posted on Saturday June 16, 2018

ON MAY 20th, the biggest changes to train timetables in modern British history took place, affecting commuters and business travellers across the country. In the weeks beforehand, the train-operating companies

A new breed of German startups
Posted on Thursday June 14, 2018

At a rooftop bar in Berlin on May 29th, the glitterati of Germany’s startup scene toasted a new arrival. Silicon Valley Bank, a commercial lender which counts as customers half

Google runs into more flak on artificial intelligence
Posted on Thursday June 14, 2018

DISCOVERING and harnessing fire unlocked more nutrition from food, feeding the bigger brains and bodies that are the hallmarks of modern humans. Google’s chief executive, Sundar Pichai, thinks his company’s

Can refugees help to plug Europe’s skilled-labour gaps?
Posted on Thursday June 14, 2018

THE canteen of Stockholm University could scarcely be more Swedish. Young blond students sip coffee and tap away on Macs. In room 3.89, an outpost of the campus, is

Trends in extortion payments by companies to Italy’s Mafia
Posted on Thursday June 14, 2018

THE toll of “pizzo” protection payments made by firms to Sicily’s Mafia is closely monitored. Nearly half pay up these days, according to estimates from the Confartigianato, a national business