Economy

Sky shares rally after Comcast wins bidding war

Sep 24, 2018

Shares in Sky are up 8.8 percent after Comcast won a bidding war for the British pay TV giant in a weekend auction that pushed the value of the company to almost 30 billion pounds ($39 billion)

US, China hike tariffs as trade row intensifies

Sep 24, 2018

US, China impose new tariff hikes, giving no sign of compromise in technology that weighs on global economic growth

China summons US envoys over sanctions linked to Russia deal

Sep 23, 2018

China has summoned the U.S. ambassador to deliver a strong protest against economic sanctions lodged over the purchase of Russian fighter jets and surface-to-air missile equipment

The Latest: EU's Tusk says Brexit compromise still possible

Sep 21, 2018

EU Council President Donald Tusk says he remains convinced that a Brexit compromise that is "good for all, is still possible."

UK leader May hits back on Brexit plan; pound plunges

Sep 21, 2018

The value of the British pound plunged after Prime Minister Theresa May accused the European Union of creating an "impasse" in divorce negotiations by bluntly rejecting May's blueprint for Brexit

Global stocks buoyed by Wall Street optimism

Sep 21, 2018

Global stocks are up as a record close on Wall Street boosted investor sentiment despite no signs of a cooling in the simmering U.S.-Chinese trade tensions

Asian stocks follow Wall Street higher

Sep 21, 2018

Asian stocks rise after Wall Street hit new highs despite U.S.-Chinese trade tensions

Japan's Abe re-elected as party head, to stay on as PM

Sep 20, 2018

Japanese Prime Minister Shinzo Abe has been re-elected as head of his ruling Liberal Democratic Party in a landslide, paving the way for up to three more years as the nation's leader

UK inflation unexpectedly spikes on higher clothing costs

Sep 19, 2018

Official figures show that inflation in Britain unexpectedly rose in August to a six-month high as clothing and transport costs rose sharply

Global shares rise as traders shrug off new China-US tariffs

Sep 19, 2018

Global shares are mostly higher despite jitters over the escalating trade dispute between the U.S. and China

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