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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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Airbus said it has won orders and commitments for 431 aircraft at the Farnborough Airshow, finishing with a new wide-body order from AirAsia .
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