Bloomberg
Bloomberg
Page 869 - Bloomberg
Apple's flirtation with Time Warner hints at Hollywood ambitions
Time Warner, with a market capitalisation of more than $55 billion, would be a difficult purchase for Apple to make, analyst James Cordwell said
Tim Cook-like pay for SoftBank's Nikesh Arora
Compensation makes him one of the top-paid executives in Japan
 "Tim Cook-like pay for SoftBank's Nikesh Arora")
 "United ties Real for most valuable soccer team")
Oil nears $50 as data show US crude stockpile falling
US oil inventories, which are near the highest in 80 years, dropped by 5.14 million barrels last week
 "Oil nears $50 as data show US crude stockpile falling")
Greece wins pledge for debt relief as IMF bows to euro plan
The yield on Greece's 10-year bond fell below seven per cent for the first time since November, sinking as low as 6.98 percent on Wednesday
 "Greece wins pledge for debt relief as IMF bows to euro plan")
Stocks gain as Fed seen pulling off hike
Gold fell amid a retreat in the dollar, while oil maintained gains after a government report on crude inventories
 "Stocks gain as Fed seen pulling off hike")
Shell cuts 2,200 more jobs
These reductions are in response to oil prices staying lower for longer, and as a result of the acquisition of BG Group Plc earlier this year
 "Shell cuts 2,200 more jobs")
Microsoft may cut 1,850 jobs as Nadella pares phone ambitions
Will take a $950-million impairment and restructuring charge, including $200 million for severance payments
 "Microsoft may cut 1,850 jobs as Nadella pares phone ambitions")
Monsanto rejects $62-bn Bayer offer
Seeks higher price, say sources
 "Oil rebound has Citi seeing worst over for commodities")
Gold in longest slump since November
Bullion for immediate delivery declined 0.5% to $1,242.91 an ounce by 10:27 am in London
 "Gold in longest slump since November")
Merger pop missing from US market
Slowdown in deal activity means smaller boost to share prices
 "Merger pop missing from US market")
Stocks fall for 4th session as US rate hike fears weigh
Tata Steel and ONGC among the biggest losers on the Sensex
 "Stocks fall for 4th session as US rate hike fears weigh")
Greece braces for more austerity amid EU-IMF quarrel
The euro area expects Greece to maintain a Budget surplus level which the IMF has said is a "far-fetched fantasy"
 "Greece braces for more austerity amid EU-IMF quarrel")
GM to pay $100 mn over SUV mistake
Chevrolet Traverse is one of the SUVs that overstated its fuel economy figures reuter
 "GM to pay $100 mn over SUV mistake")
G7 warns on growth outlook as Japan bristles over yen
Finance chiefs highlighted risks to the global economy from terrorism, refugee flows and 'Brexit'