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Wednesday, 20 June
Walt Disney raises bid for Fox assets to $71.3 billion, tops Comcast
32m ago - (Reuters) - Walt Disney Co sweetened its bid for Twenty-First Century Fox Inc assets to $71.3 billion on Wednesday, topping Comcast Corp's $65 billion offer last week.
EU Parliament committee votes for tougher EU copyright rules to rein in tech giants
1h ago - BRUSSELS (Reuters) - Google, Facebook, Microsoft and other tech giants could face more curbs on their market power after a European Parliament committee voted in favor of tougher copyright rules on Wednesday.
EU to impose duties on U.S. imports Friday after Trump tariffs
47m ago - BRUSSELS (Reuters) - The European Union will begin charging import duties of 25 percent on a range of U.S. products on Friday, in response to U.S tariffs imposed on EU steel and aluminum early this month, the European Commission said on Wednesday.
After surrendering CSeries, Bombardier pushes regional plane revival
1h ago - MONTREAL (Reuters) - As Bombardier surrenders hopes of securing a top spot in commercial aviation with the sale of its money-losing CSeries jet program to Airbus, the Canadian company is now drawing up plans to breathe new life into its older regional planes.
Starbucks sales forecast raises questions about China, U.S. growth
1h ago - (Reuters) - Starbucks Corp shares fell 4 percent on Wednesday after a dim sales forecast from the U.S. coffee chain prompted Wall Street analysts to question the sustainability of its growth at home and next biggest market China.
World shares snap five-day losing streak on China policy expectation
2h ago - LONDON (Reuters) - World stocks steadied near three-week lows on Wednesday and Chinese markets bounced after recent sharp falls as expectations grew that policy stimulus by Beijing could temper some of the impact from an escalating Sino-U.S. trade conflict.
Oracle's forecast miss overshadows cloud growth, shares fall
15h ago - (Reuters) - Oracle Corp's forecast for current-quarter profit missed analysts' expectations on Tuesday, hurt by a strengthening U.S. dollar, dampening its fourth-quarter earnings beat that was powered by growth in its cloud business.
Chinese media denounces Trump trade moves as Beijing touts sincerity
3h ago - BEIJING (Reuters) - The Trump administration has "blood lust" when it comes to pushing its trade agenda against China and wants to "suck the lifeblood" from China's economy, a state-run newspaper said on Wednesday, stepping up the angry rhetoric over their dispute.
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