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Reuters Business News:
Comcast drops pursuit for Fox assets
7/19/2018 7:48 AM
Comcast Corp has dropped its pursuit of a group of media assets owned by Twenty-First Century Fox Inc on which it was bidding against Walt Disney , and instead will focus on its offer for UK TV group Sky , the company said on Thursday. Read More
U.S. weekly jobless claims drop to more than 48-and-a-half-year low
7/19/2018 7:38 AM
The number of Americans filing for unemployment benefits unexpectedly fell last week, hitting its lowest level in more than 48-1/2 years, as the labor market continues to strengthen. ...Read More
Airbus seeks splash to end airshow with AirAsia wide-body order
7/19/2018 7:25 AM
Airbus was set on Thursday to win a much-needed endorsement for the A330neo from its largest buyer as AirAsia prepared a long-distance finale to the Farnborough Airshow. ...Read More
Boeing says sold 528 planes at Farnborough
7/19/2018 7:24 AM
Boeing Co said on Thursday it had won 528 new orders and commmitments at the Farnborough Airshow this week, buoyed by demand for freighters as air cargo markets rebound. ...Read More
Dollar stays strong as China grabs for stimulus levers
7/19/2018 7:18 AM
The dollar stayed strong but stocks wobbled and metal markets buckled badly on Thursday, as signs that China was resorting to credit-fuelled stimulus again helped drive its currency to a one-year low. ...Read More
China says U.S. blaming Xi for blocking trade deal is "bogus"
7/19/2018 7:06 AM
China said on Thursday comments made by a senior White House official blaming Chinese President Xi Jinping for blocking progress on a deal to avert a trade war were "shocking" and "bogus" accusations. ...Read More
U.S. trade official downplays effects of new tariffs: CNBC
7/19/2018 7:06 AM
White House trade adviser Peter Navarro told CNBC on Thursday that U.S. President Donald Trump"s trade strategy with China, which includes levying new tariffs that have sparked a trade clash, is not as disruptive as many describe. Read More
Firmer U.S. dollar boosts corporate interest in currency hedging
7/19/2018 7:04 AM
By Saqib Iqbal Ahmed, Jessica DiNapoli and Caroline Valetkevitch ...Read More
EU regulators charge Qualcomm with additional violation in pricing case
7/19/2018 7:02 AM
EU antitrust regulators on Thursday charged Qualcomm with a new violation in a case where the U.S. chipmaker has been accused of selling chipsets below cost to drive out Nvidia Corp unit and British phone software maker Icera. ...Read More
Airbus says Farnborough orders reach 431 aircraft
7/19/2018 6:58 AM
Airbus said it has won orders and commitments for 431 aircraft at the Farnborough Airshow, finishing with a new wide-body order from AirAsia . ...Read More

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