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Murdoch's new Sky bid should be probed says former UK minister

LONDON Rupert Murdoch's new takeover approach for British pay-TV firm Sky should be investigated by the UK's competition authorities, according to the former minister who referred the tycoon's previous bid.

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All eyes focused on clues for future Fed hikes

PARIS Just how fast the Federal Reserve hikes rates next year will be the all-important question global investors will be hoping to get answered when the U.S. central bank meets next week.

Dec 09 2016

Ex-Cantor Fitzgerald mortgage bond trader indicted in U.S. for fraud

A former Cantor Fitzgerald trader has been indicted on charges that he defrauded investors by lying about the price of mortgage bond transactions he handled for them after the financial crisis, U.S. prosecutors said on Friday.

Dec 09 2016

Exxon CEO is now Trump's secretary of state favorite - transition official

GRAND RAPIDS, Mich. Exxon Mobil Corp Chief Executive Officer Rex Tillerson emerged on Friday as President-elect Donald Trump's leading candidate for U.S. secretary of state, a senior transition official said.

Aetna CEO defends merger with Humana in antitrust trial

WASHINGTON Aetna Inc's chief executive denied on Friday that its withdrawal from some Obamacare exchanges was in retaliation for government efforts to halt its merger with Humana Inc , as he sought to convince a federal judge to approve the deal. The U.S. Justice Department sued to stop the $34 billion tie-up in July, saying that it and another insurance mega merger, Anthem Inc's planned purchase of Cigna Corp , would mean higher

Dec 09 2016

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