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Index Provider Msci Delays Decision On Unequal Voting Rights Stocks

NEW YORK – Stock index provider MSCI said on Thursday it extended its review of how to treat stocks with unequal voting rights and expects to make a decision by...

Investor Odey Says Sky Could Be Worth As Much As 50 Billion Pounds

LONDON – Top-20 Sky (SKYB.L) investor Crispin Odey said he expects the bidding war for the media company to carry on over the summer and that the European...

Volkswagen Truck Amp Bus To List 25 Percent Stake In Summer 2019 Manager Magazin

FRANKFURT – Volkswagen’s (VOWG_p.DE) Truck & Bus (VOWG_p.DE) division plans an initial public offering in summer 2019 and could raise more than 6...

Hedge Fund Tourbillon Hires Berman As President

NEW YORK – Hedge fund Tourbillon Capital Partners, which has made headlines with negative returns lately, hired former hedge fund manager Ross Berman as its...

German Finance Minister Defends Euro Reforms Against Conservative Attack

BERLIN – Germany’s finance minister on Wednesday defended a euro zone reform blueprint agreed with France against criticism by Chancellor Angela...

Disney Hikes Bid For Fox Assets To 713 Billion Tops Comcast

– Walt Disney Co raised its bid for the bulk of Twenty-First Century Fox Inc’s film and television assets to $71.3 billion on Wednesday, sweetening its deal...

Chinas Xiaomi Targets As Much As 61 Billion In Hong Kong Ipo Sources

HONG KONG (Reuters/IFR) – Chinese smartphone maker Xiaomi Corp is planning to raise up to $6.1 billion from a Hong Kong IPO launching this week, people with...

Merkels Conservatives Warn Euro Zone Budget Could Split Eu

BERLIN – Members of Chancellor Angela Merkel’s conservative bloc opposed to larger financial contributions to the euro zone on Wednesday reacted with...

German French Ministers Suggest Fund To Create Incentives For Reforms

BERLIN – Germany and France’s economy ministers said on Wednesday that the European Union’s future economic success depended on more structural...

Merkel Macron Back Euro Zone Budget In New Chapter For Bloc

BERLIN – The leaders of Germany and France agreed on Tuesday to create a budget for the euro zone and hailed a “new chapter” for the currency union,...