Business News - The Last 24 Hours

India, Finland settle Nokia tax row
Indiatimes - 6 min 20 sec ago
​ Indian tax authorities issued the tax notice of Rs 2,500 crore to Nokia for violating withholding tax norms since 2006 while making royalty payments to its parent company in Finland.
RELATED:
CNBC - What to do if you missed both tax deadlines - 7 hours 44 min ago
BBC - Questions over Conservative donor tax probe - 12 hours 48 min ago
Indiatimes - The Bengaluru case that turned the taxman's gaze on India's salaried class - 17 hours 36 min ago
COMMENTARY:
Fox Business - Mnuchin touts ‘meaningful impact’ of tax cuts on US economy - 6 hours 23 min ago
Zacks - Supreme Court Can't Solve the Internet Sales Tax Problem - 6 hours 42 min ago
The Intercept - Activist With ALS Spearheads Campaign to Punish Lawmakers Who Voted for Tax Law - 8 hours 43 min ago
Kiplinger - All Aboard the Tax Volatility Train - 14 hours 32 min ago
Washington Post - Well, that was a wild Tax Day. This how many people procrastinated. - 14 hours 35 min ago
LA Times - Compton misused gas tax funds, state audit finds - 14 hours 36 min ago
VIDEO:
CNBC Video - Markets after tax day - 10 hours 24 min ago



Oil close to late-2014 highs on supply cuts, strong demand
Reuters - 15 min 31 sec ago
SINGAPORE (Reuters) - Oil prices held firm on Friday near three-year highs reached earlier this week as ongoing OPEC-led supply cuts gradually draw down excess supplies.
RELATED:
Reuters - Oil remains close to late-2014 highs as ongoing supply cuts reduce inventories - 1 hour 2 min ago
COMMENTARY:
Zero Hedge - Why Oil Prices Can't Rise Very High, For Very Long - 2 hours 21 min ago
Fox Business - Oil Could Return to Triple-Digit Prices - 6 hours 34 min ago
The Guardian - Oil price hits three-year high of $74 a barrel - 8 hours 59 min ago
LA Times - Stocks open lower; oil prices and energy companies climb - 12 hours 26 min ago
BusinessInsider - Oil is closing in on $70 for first time in over 3 years - 13 hours 14 min ago
Zacks - 5 Top-Ranked Stocks to Buy as Oil Prices Hit 3-Year High - 14 hours 29 min ago
VIDEO:
CNBC Video - Saudi Arabia is 'going to the whip' to drive oil prices higher, says pro - 16 hours 3 min ago



Asia looks set to track soft lead from Wall Street
CNBC - 3 hours 7 min ago
Futures pointed to slightly lower starts for Japan and Australia after the negative close on Wall Street.
RELATED:
Reuters - Wall Street regulator sanctions Tezos cryptocurrency project co-founder - 3 hours 37 min ago
New York Times - Apple, P&G and Chip Stocks Lead Wall Street Lower - 12 hours 22 min ago
COMMENTARY:
The Japan Times - ‘Fearless Girl’ statue to leave Wall Street’s ‘Charging Bull’ and make her stand outside NYSE - 2 hours 6 min ago
Fox Business - 'Fearless Girl' to find new Wall Street home near NYSE - 7 hours 40 min ago
BusinessInsider - What you need to know on Wall Street today - 9 hours 43 min ago
VIDEO:
Reuters Video - Tech, staples drag down Wall Street - 5 hours 36 min ago



Consumer activists, experts advise against buying ZTE phones
Reuters - 3 hours 34 min ago
(Reuters) - Consumer activists and technology experts are advising consumers to hold off on buying Android handsets from China's ZTE until the company clarifies whether U.S. sanctions against the company prevent it from providing operating system updates for its devices.
RELATED:
Deutsche Welle - ZTE, Huawei bans: Genuine security concerns or part of China trade spat? - 11 hours 17 min ago
Reuters - ZTE woes may boost network rivals Ericsson and Nokia - 12 hours 40 min ago
COMMENTARY:
Zero Hedge - China Hits Back Against ZTE Ban Amid Rising Tide Of Anti-American Sentiment - 1 hour 51 min ago
The Economist - An American ban puts China’s ZTE in peril - 11 hours 48 min ago
TechCrunch - ZTE postpones earnings report after being slapped with U.S. exports ban - 23 hours 50 min ago



Cramer Remix: The trade war with China has shifted to tech
CNBC - 3 hours 36 min ago
Jim Cramer explains that less talk about a trade war does not mean the trade dispute is over.
RELATED:
CNBC - Cramer points to 'China's ultimate weapon' in the trade war: Boycotts - 4 hours 6 min ago
New York Times - In a Trade War, China Might Boycott U.S. Goods. That Could Backfire. - 8 hours 27 min ago
Indiatimes - Global economy sprinting ahead but trade war could end the race - 22 hours 6 min ago
COMMENTARY:
Zacks - A US/China Trade War? First, Political Theater - 6 hours 29 min ago
BusinessInsider - The leader of one of Asia's richest economies says a US-China trade war could threaten 'the security and stability of the world' - 9 hours 26 min ago
SCMP - Alibaba backs free trade with smart digital hub in Thailand - 13 hours 33 min ago
Zero Hedge - "It’s An Ominous Sign": Trader Reveals The "Nightmare Facing China's Leaders" - 16 hours 16 min ago
VIDEO:
CNBC Video - Boycotts 'China's ultimate weapon' in trade war - 3 hours 25 min ago



AT&T CEO Stephenson says Time Warner deal needed in content-dependent world
Reuters - 3 hours 36 min ago
WASHINGTON (Reuters) - AT&T CEO Randall Stephenson said on Thursday his company's bid to buy movie and TV show maker Time Warner would allow the two firms to serve customers better by lowering pay TV rates, rejecting government arguments the deal would raise consumer prices.
RELATED:
Reuters - Mattel names former Maker Studios executive as CEO after Georgiadis quits - 4 hours 51 min ago
CNBC - Mattel CEO Margo Georgiadis reportedly in talks to leave the company - 6 hours 59 min ago
Indiatimes - The extraordinary rise of Pakistan's only female banking CEO - 21 hours 36 min ago
COMMENTARY:
Fox Business - Mattel CEO leaving a year after joining from Google - 4 hours 18 min ago
LA Times - Mattel CEO Margo Georgiadis is leaving the struggling toy maker after 14 months - 5 hours 16 min ago
NY Post - AT&T CEO takes stand to defend acquisition of Time Warner - 7 hours 11 min ago
BusinessInsider - A cryptocurrency CEO bragged that he ran off with $50 million — but after a journalist tracked him down in Egypt, he said it was just a joke - 7 hours 27 min ago
Washington Post - AT&T's CEO took the stand in the Time Warner trial. Here's what he said. - 7 hours 36 min ago
TechCrunch - TaskRabbit CEO posts statement as its app returns following a cybersecurity breach - 23 hours 5 min ago
VIDEO:
CNBC Video - How the internet of things could impact power bills: CEO - 2 hours 39 min ago



Brexit divorce cost uncertain, say auditors
BBC - 3 hours 39 min ago
The National Audit Office says the Treasury's estimate is "reasonable" but could easily go up or down.
RELATED:
Bloomberg - Labour Could Bend on Immigration to Keep Banks in Britain After Brexit - 11 hours 55 min ago



Rudy Giuliani to join Trump legal team in Russia probe
Indiatimes - 4 hours 6 min ago
WASHINGTON (AP) — Former New York City Mayor Rudy Giuliani is joining the legal team defending President Donald Trump in the special counsel's Russia investigation, a Trump attorney said Thursday. With the addition of Giuliani, Trump gains an experienced litigator and former U.S.
RELATED:
Bloomberg - Mnuchin Says Russian Oligarchs Sanctions Had Impact U.S. Wanted - 6 hours 49 min ago
Euronews - Why NATO is criticized by Trump and opposed by Russia - 17 hours 41 min ago
COMMENTARY:
The Japan Times - Rudy Giuliani to join Trump legal team to deal with Russia probe - 2 hours 6 min ago
LA Times - Prosecutors suspected Manafort was a 'back channel' between Trump campaign and Russia - 4 hours 6 min ago
Zero Hedge - Russian Aluminum Giant Seeks Rescue From US Sanctions In China - 12 hours 37 min ago



Trade tensions with U.S. testing resolve of Chinese consumers
Reuters - 4 hours 7 min ago
BEIJING (Reuters) - Guo Qingshan delights in riding his 400,000 yuan ($63,839) Harley-Davidson motorbike around Beijing's suburbs.
RELATED:
CNBC - Chinese consumers forecast to spend more time on their phones than watching TV this year - 17 hours 43 min ago
Indiatimes - Procter & Gamble to pick up Merck's consumer healthcare unit - 18 hours 6 min ago
Reuters - P&G to buy German Merck's consumer health unit for $4.2 billion - 19 hours 50 min ago
COMMENTARY:
The Japan Times - 120 children needed treatment after accidentally swallowing magnetic balls: consumer center - 3 hours 6 min ago
Zacks - P&G to Acquire Merck's Consumer-Health Unit, End PGT JV - 12 hours 51 min ago
BusinessInsider - Procter & Gamble is buying German Merck's consumer health unit for $4.2 billion (PG) - 14 hours 45 min ago
TechCrunch - Genetics testing startup Prenetics buys UK’s DNAFit to move into consumer services - 19 hours 24 min ago
Fox Business - P&G acquires German Merck's consumer health business for about $4.21 billion - 21 hours 37 min ago



Wells Fargo nears $1 billion settlement for loan abuses: source
Reuters - 4 hours 9 min ago
(Reuters) - Wells Fargo & Co is close to settling a record fine of $1 billion imposed by two U.S. regulators for its risk management business, a source familiar with the matter told Reuters on Thursday.
RELATED:
CNN - Wells Fargo will be fined $1 billion - 4 hours 27 min ago
CNBC - Wells Fargo said to be target of $1 billion US fine - 5 hours 9 min ago
New York Times - Wells Fargo Said to Be Target of $1 Billion U.S. Fine - 5 hours 56 min ago
COMMENTARY:
Washington Post - U.S. to fine Wells Fargo $1 billion — the most aggressive bank penalty of the Trump era - 2 hours 35 min ago
Fox Business - Wells Fargo said near settlement of up to $1B with regulators - 3 hours 2 min ago
BusinessInsider - Wells Fargo nears $1 billion settlement for loan abuses - 3 hours 19 min ago
Zero Hedge - "Biggest Fine Ever": Wells Fargo To Announce $1BN Settlement On "Risk Management" - 3 hours 43 min ago
VIDEO:
Reuters Video - Wells Fargo faces record fine for abuses - source - 3 hours 47 min ago



Qualcomm cutting 1,500 jobs at its California offices
Reuters - 4 hours 35 min ago
(Reuters) - Chipmaker Qualcomm Inc is cutting 1,500 jobs across multiple divisions at its offices in California, as part of its promise to investors to cut annual costs by $1 billion.
RELATED:
CNBC - Qualcomm slides after layoffs, regulatory challenges to NXP merger - 12 hours 26 min ago
Reuters - Qualcomm concessions insufficient to clinch NXP deal: commerce ministry - 15 hours 37 min ago
COMMENTARY:
Zacks - Why Did Qualcomm (QCOM) Stock Fall Today? - 4 hours 36 min ago
BusinessInsider - Qualcomm layoffs will impact 1,500 Californians according to state filings (QCOM) - 4 hours 54 min ago
Washington Post - Qualcomm Needs to Come Up With a Better Plan B: Gadfly - 9 hours 35 min ago
24/7 Wall St. - Qualcomm, NXP Merger Hits Chinese Wall - 10 hours 50 sec ago
LA Times - Qualcomm begins layoffs, trying to cut $1 billion, and its NXP bid faces objections in China - 10 hours 56 min ago
TechCrunch - Qualcomm extends NXP deal deadline following concern from Chinese government - 14 hours 18 min ago



Amid the big energy rally, here’s why Schlumberger may be a buy ahead of earnings
CNBC - 5 hours 37 min ago
A bullish view on energy giant Schlumberger ahead of its earnings report, with Mark Tepper of Strategic Wealth Partners.
RELATED:
CNBC - Snap-On shares soar on strong earnings - 10 hours 51 min ago
Reuters - P&G earnings beat as struggling retailers, costs eat into margins - 13 hours 38 min ago
COMMENTARY:
Fox Business - Twitter, Inc. Earnings: 6 Metrics to Watch - 2 hours 59 min ago
Zacks - 3 Key Estimates for Google's Q1 Earnings Report - 3 hours 24 min ago
The Economist - Tax cuts and higher interest rates help boost banks’ earnings - 11 hours 48 min ago
24/7 Wall St. - Procter & Gamble Earnings and Acquisition Not Enough for Investors - 11 hours 50 min ago
VIDEO:
CNBC Video - Options traders betting against AT&T heading into earnings - 4 hours 36 min ago



Canada sees progress on crucial autos file at NAFTA talks
Reuters - 6 hours 16 min ago
WASHINGTON (Reuters) - Canadian, Mexican and U.S. ministers seeking to revamp the NAFTA trade deal have made good progress on the vital question of autos content, Canadian Foreign Minister Chrystia Freeland said on Thursday as pressure to wrap up a deal intensified.
RELATED:
Reuters - Trudeau says recognizes NAFTA timeline, will stick up for Canada - 8 hours 27 min ago
Bloomberg - Nafta Ministers to Meet in Washington Amid Push for Quick Deal - 18 hours 36 min ago
VIDEO:
CNBC Video - The first rule in NAFTA talks is 'do no harm': Energy equipment CEO - 6 hours 16 min ago



Analysts worry Apple iPhone sales are even worse than they thought
CNBC - 6 hours 43 min ago
Bank of America Merrill Lynch and J.P. Morgan warns their clients iPhone sales may come in below expectations.
RELATED:
CNBC - Apple celebrates Earth Day by debuting Daisy, the recycling robot - 10 hours 1 min ago
Reuters - TSMC's smartphone warning points squarely at Apple: analysts - 10 hours 33 min ago
COMMENTARY:
BusinessInsider - Apple has a new iPhone-destroying robot called Daisy that can disassemble 200 phones in an hour (AAPL) - 4 hours 13 min ago
TechCrunch - Apple has a new iPhone recycling robot named ‘Daisy’ - 9 hours 36 min ago
Zacks - Why Did Apple and Nvidia Stock Open Lower on Thursday? - 11 hours 14 min ago
Zero Hedge - Apple Slides After Taiwan Semi Blames "Very High-End Smartphone" For Unexpectedly Poor Guidance - 13 hours 17 min ago
VIDEO:
CNBC Video - Analysts worry Apple iPhone sales are even worse than they thought - 5 hours 16 min ago



Amazon courts Pentagon with marketing blitz ahead of cloud contract decision
CNBC - 6 hours 50 min ago
Amazon is competing for what could be an extensive lucrative contract with the Department of Defense.
RELATED:
CNBC - Amazon will pay up to $12,000 for employees to study these 4 fields - 7 hours 51 min ago
COMMENTARY:
The Intercept - James Comey Will Speak at Amazon Monday - 1 hour 9 min ago
Fox Business - How Amazon Prime Compares to These 3 Leading Membership-Based Businesses - 4 hours 38 min ago
Zacks - Amazon Teams Up with Best Buy to Boost Physical Presence - 4 hours 48 min ago
BusinessInsider - Amazon Prime has 100 million members — here's how to decide if it's worth the cost - 6 hours 24 min ago
Washington Post - Amazon Is Defined by Billions; Median Salary Is $28,446: Gadfly - 10 hours 35 min ago
The Economist - Amazon is not the only threat to legacy post offices - 11 hours 48 min ago
NY Post - The typical Amazon worker made less than $30K in 2017 - 12 hours 32 min ago
The Guardian - Amazon Prime passes 100m subscribers mark - 15 hours 46 min ago
24/7 Wall St. - Amazon Prime Membership Same as 4 Largest State Populations Combined - 15 hours 55 min ago
VIDEO:
Reuters Video - Amazon stock up as the company reaches 100 mln Prime subscribers - 5 hours 20 min ago
CNBC Video - Amazon Prime finally releases closely guarded subscription numbers - 7 hours 15 min ago



Why recycling is not the answer for fighting the plastic pollution problem
Euronews - 8 hours 2 min ago
If you want to fight plastic pollution in the oceans it's better to reduce consumption rather than recycle, experts say.
RELATED:
Euronews - UK urges Commonwealth to tackle marine pollution - 9 hours 36 min ago
CNBC - Air pollution can be bad for the brain — these are the cleanest and the smoggiest places in America - 12 hours 41 min ago
COMMENTARY:
BusinessInsider - The 13 countries with the highest death rates from air pollution - 6 hours 44 min ago



Mnuchin Says Europe to Share More Data on Venezuela Corruption
Bloomberg - 8 hours 32 min ago
Treasury Secretary Steven Mnuchin said Thursday that countries from Europe, Asia and Latin America agreed to share information on the assets of “corrupt” Venezuelan officials in an effort to tighten economic pressure on President Nicolas Maduro and stem the nation’s humanitarian crisis.
RELATED:
Indiatimes - BJP replaced ministers in J&K to address complaints of ill-performance & allegations of corruption - 23 hours 36 min ago
COMMENTARY:
BusinessInsider - Corruption at Venezuela's state-run oil company is pushing the country deeper into a crisis - 2 hours 22 min ago
Fox Business - US Officials: 16 nations agree to track Venezuela corruption - 9 hours 15 min ago



We are seeing major reforms in India: IMF chief
Indiatimes - 9 hours 36 min ago
Christine Lagarde said that India is starting to implement economic reforms that the IMF had long advocated, but that the pace might slow in an election year.
RELATED:
Indiatimes - India's growth rate highest among BRICS nations: Report - 15 hours 36 min ago



IMF, World Bank kick off spring meetings on dour note
Deutsche Welle - 9 hours 44 min ago
Opening the sessions of the two global lenders, IMF chief Christine Lagarde has warned governments about harming global trade and investment through unilateral measures even when disagreements exist.
RELATED:
Indiatimes - Widespread mobile phones can deliver banking to the poor: World Bank - 10 hours 36 min ago



Netflix is catching up to Disney, and one strategist says its gains aren’t done yet
CNBC - 9 hours 51 min ago
After adding billions of dollars in the last week, Netflix is edging closer to surpassing the Walt Disney Co.'s market cap.
RELATED:
Euronews - Streaming giant Netflix reveals new European series - 16 hours 16 min ago
CNBC - Adyen, a payments firm with clients such as Netflix and Uber, is eyeing an IPO after record revenues - 16 hours 39 min ago
COMMENTARY:
LA Times - Netflix's 'Kodachrome' reminds that Ed Harris can make standard roles transcendent - 6 hours 36 min ago
BusinessInsider - The 18 shows Netflix has canceled, including recently cut drama 'Seven Seconds' - 10 hours 12 min ago
Zacks - The Zacks Analyst Blog Highlights: UnitedHealth, Netflix, Caterpillar, M&T Bank and Infosys - 13 hours 54 min ago
TechCrunch - Netflix launches 30-second preview videos on mobile - 18 hours 56 min ago



PM Modi needs to pay more attention to women: IMF chief Christine Lagarde
Indiatimes - 10 hours 6 min ago
Her sharp remarks come in the backdrop of a nationwide outrage over the rape cases in Jammu and Kashmir's Kathua and Uttar Pradesh's Unnao.
RELATED:
CNBC - Global trade has an issue with trust, IMF's Lagarde says - 12 hours 36 min ago
COMMENTARY:
Fox Business - IMF’s LaGarde: Global trade marked by lack of trust - 7 hours 17 min ago
SCMP - US-China trade row threatens global confidence, warns IMF head Christine Lagarde - 9 hours 15 min ago
VIDEO:
CNBC Video - Christine Lagarde says trade issues should be resolved multilaterally. Here's why - 12 hours 51 min ago



Bitcoin 'miners' are losing money at any price below $8,600: Morgan Stanley
CNBC - 10 hours 21 min ago
If bitcoin can't recover $8,600 soon, bitcoin "miners" will likely find it unprofitable to keep creating the cryptocurrency, Morgan Stanley analysts said.
RELATED:
CNBC - Clorox shares drop 5% after Morgan Stanley downgrades, says consumers shifting to smaller brands - 10 hours 26 min ago
Reuters - Morgan Stanley seeks new court in Italian derivatives case - 16 hours 26 min ago
COMMENTARY:
BusinessInsider - Steel buyers fear one thing more than rising prices, Morgan Stanley says - 5 hours 34 min ago
Washington Post - Fly Charts: Morgan Stanley Streak, Trump’s Rusal Effect: Gadfly - 14 hours 35 min ago



Facebook to move users outside Europe ahead of new data regulations
Euronews - 10 hours 43 min ago
Switch comes just weeks before GDPR implementation
RELATED:
CNBC - Facebook users' data exposed to web trackers when using its login feature for other sites: Report - 12 hours 24 min ago
COMMENTARY:
LA Times - Calendar Letters: In defense of Cardi B and those senators' Facebook questions - 1 hour 36 min ago
NY Post - Facebook dodges EU privacy law amid pledge to fix broken system - 10 hours 56 min ago
BusinessInsider - Facebook just took its first steps toward GDPR compliance (FB) - 12 hours 22 min ago
Zacks - Zacks Market Edge Highlights: Facebook, Twitter, Snap, Weibo and Tencent - 13 hours 44 min ago
TechCrunch - Facebook moves to shrink its legal liabilities under GDPR - 16 hours 4 min ago
The Japan Times - Facebook to put 1.5 billion users out of reach of new EU privacy law - 21 hours 36 min ago
VIDEO:
Reuters Video - Facebook to put 1.5 billion users out of reach of new EU law - 14 hours 24 sec ago



Investor Bill Gurley seems to have gotten over his hard year with Uber
CNBC - 11 hours 1 min ago
VC Bill Gurley explained in a blog post why he thinks Uber's biggest success is often overlooked.
RELATED:
Reuters - Uber picks VMware's Zane Rowe as CFO: Bloomberg - 21 hours 53 min ago
COMMENTARY:
TechCrunch - Lyft drivers’ lawsuit against Uber over ‘Hell’ program isn’t over - 8 hours 15 min ago
Washington Post - Uber's biggest challenge isn't flying cars — it's turning critics into customers - 8 hours 36 min ago
BusinessInsider - Uber's top choice for chief financial officer is reportedly VMware's Zane Rowe - 20 hours 1 min ago



One of the men arrested at a Philly Starbucks: This is not a 'black people thing, it's a people thing'
CNBC - 11 hours 58 min ago
The two black men arrested at a Philadelphia Starbucks tell ABC they hope what happened to them never happens again.
RELATED:
Bloomberg - Black Men Arrested at Starbucks Say They Feared for Their Lives - 15 hours 3 min ago
COMMENTARY:
BusinessInsider - 'Shame on me': Philadelphia police commissioner apologizes to 2 black men arrested while waiting inside a Starbucks - 2 hours 1 min ago
LA Times - Starbucks is closing thousands of stores for racial bias training. Will it work? - 2 hours 26 min ago
The Japan Times - Two black men arrested while waiting at Starbucks get apology from Philadelphia’s top cop - 4 hours 6 min ago
Fox Business - NOT REAL NEWS: Starbucks coupon for people of color are fake - 6 hours 52 min ago
The Guardian - Black men arrested at Philadelphia Starbucks feared for their lives - 14 hours 22 min ago
Washington Post - Anatomy of a PR response: How Starbucks is handling its Philadelphia crisis - 14 hours 35 min ago
VIDEO:
CNN Video - Richard Quest: Companies should follow Starbucks' example - 6 hours 50 min ago
CNBC Video - Men arrested in Philadelphia Starbucks incident speak out on GMA - 9 hours 24 min ago



North Korea willing to accept "complete denuclearization" without conditions, Moon says
Euronews - 13 hours 7 min ago
President Donald Trump warned Wednesday he would walk away from his upcoming summit with Kim Jong Un if it wasn't going to be 'fruitful.'
RELATED:
CNBC - Trump says unless North Korea summit 'fruitful' he'll pull out - 17 hours 41 min ago
COMMENTARY:
The Japan Times - Trump looking to rid North Korea of chemical and biological weapons as well as nuclear arsenal: ambassador - 4 hours 6 min ago
BusinessInsider - North Korea appears to be totally caving to Trump before they even meet in person - 10 hours 47 min ago



China’s Economic Numbers Have a Credibility Problem
Bloomberg - 16 hours 36 min ago
Suspicions that the country is cooking the books persist despite a government crackdown on cheating cadres.
RELATED:
Bloomberg - Stiglitz Says True U.S.-China Trade Accord ‘Almost Impossible’ - 22 hours 36 min ago



Iran Lawmakers Want Central Banker Fired Amid Currency Turmoil
Bloomberg - 16 hours 48 min ago
Half of Iran’s lawmakers have written to President Hassan Rouhani demanding the removal of the country’s central bank chief, accusing him of mismanaging the banking industry and currency markets as the rial weakened to a record low.
COMMENTARY:
The Economist - America’s Treasury refrains from naming any currency manipulators - 11 hours 48 min ago
Fox Business - Philip Morris International Struggles Despite Lower Taxes, Currency Strength - 12 hours 49 min ago



UPDATE 1-Fox chose Disney over Comcast on regulatory, stock fears -filing
CNBC - 17 hours 5 min ago
Twenty-First Century Fox had previously rejected a bid from Comcast over concerns about the regulatory risks and its stock value, a regulatory filing showed.
RELATED:
Indiatimes - Fox rejected an offer from Comcast before Disney buyout: filing - 19 hours 36 min ago
COMMENTARY:
BusinessInsider - The Murdochs are guaranteed over $206 million once the Disney-Fox deal is finalized - 4 hours 48 min ago
LA Times - Someone stole a trailer full of 8,000 Disney California Adventure tickets - 9 hours 51 min ago



Control over debt level major challenge for China: IMF
Indiatimes - 22 hours 6 min ago
China thus has to tackle two challenges: the overall rebalancing of its economy, and the issue of vertical imbalance in the public finances, Gaspar said.
RELATED:
CNBC - Global debt is at historic highs and governments should start cutting levels now, the IMF says - 22 hours 44 min ago
COMMENTARY:
The Guardian - Market power wielded by US tech giants concerns IMF chief - 9 hours 19 min ago
Zero Hedge - The Global Smartphone Boom Has Peaked, IMF Warns - 19 hours 51 min ago
VIDEO:
CNBC Video - IMF's Adrian: Banks much safer today than they were 10 years ago - 16 hours 11 min ago



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