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British pension funds warn on any Fox/Sky deal

December 13, 2016 by · Leave a Comment 

British public sector pension funds on Tuesday called for an “appropriate” premium in any potential deal between Twenty-First Century Fox and Sky as well as for safeguards to protect minority shareholders. Rupert Murdoch's Twenty-First Century Fox Inc aims to table a firm cash bid valuing Sky at 10.75 pounds ($13.66) per share as early as Wednesday …

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British pension funds warn on any Fox/Sky deal

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Investor Wilbur Ross urges Trump not to let his behavior become the issue

August 4, 2016 by · Leave a Comment 

Billionaire investor Wilbur Ross stood behind Republican Donald Trump but urged him to stop engaging in exchanges that benefit the Democrats and make the real estate mogul's behavior the issue in the U.S. presidential campaign. “This election is Donald's to lose and so far the Democrats have been clever

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Investor Wilbur Ross urges Trump not to let his behavior become the issue

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Away from spotlight, U.S. manufacturers battle back from ‘China shock’

August 4, 2016 by · Leave a Comment 

By Howard Schneider HICKORY, North Carolina (Reuters) – As furniture makers left Hickory and headed to China at the start of the century, the local community college shuttered its courses in furniture production, abandoning an industry that had sustained this North Carolina community for generations. The U.S. economy lost almost a third of its manufacturing jobs from 2000 to 2010 and the Republican presidential nominee Donald Trump's pledge to get tough with China and rip up trade pacts to “bring jobs back” has resonated among millions…

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Away from spotlight, U.S. manufacturers battle back from ‘China shock’

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Developer of Nintendo’s Pokemon GO aiming for rollout to 200 markets soon

July 15, 2016 by · Leave a Comment 

By Makiko Yamazaki TOKYO (Reuters) – The head of the developer behind Nintendo Co Ltd's Pokemon GO said he wanted to launch the smash-hit mobile game in roughly 200 countries and regions “relatively soon” and was working on bolstering server capacity to enable the wider rollout. The game, which marries a classic 20-year old…

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Developer of Nintendo’s Pokemon GO aiming for rollout to 200 markets soon

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Federal Reserve policymakers signal no rush to raise U.S. rates

July 15, 2016 by · Leave a Comment 

Three Federal Reserve policymakers on Thursday expressed the view that there was no hurry to raise U.S. interest rates in the wake of the UK decision to leave the European Union, despite signs that the U.S. economy is near full employment. Ahead of the next Fed policy meeting on July 26-27, a core group are now happy to keep interest rates unchanged, potentially for months, whereas just…

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Federal Reserve policymakers signal no rush to raise U.S. rates