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Charter to buy Time Warner Cable in $78.7 billion deal

- Charter Communications Inc said it would buy Time Warner Cable Inc in a deal valued at $78.7 billion, as the second and third largest U.S. cable operators look to better compete with market leader Comcast Corp.

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Skype summoned to Belgian court over failure to share call data

BRUSSELS - Online communication service Skype has been summoned to appear in court in Belgium after refusing to pass on customer data to aid a criminal investigation, a court spokesman said.

4:29am EDT

Buffett-backed Chinese automaker BYD plans up to $1.9 billion placement: IFR

HONG KONG - Chinese automaker BYD Co Ltd , backed by Warren Buffett's Berkshire Hathaway Inc , plans to raise up to $1.9 billion in a share offering in mainland China, IFR reported on Tuesday, citing a source familiar with the plans.

3:15am EDT

Oil drops to $65 on U.S. shale outlook, dollar

LONDON - Oil fell to around $65 a barrel on Tuesday, pressured by the possibility that U.S. shale oil producers could increase drilling activity and by a stronger dollar.

6:06am EDT

AstraZeneca hit after psoriasis drug linked to suicide fears

LONDON - AstraZeneca's hopes of topping $45 billion in revenue by 2023 have been dealt a blow by a problem with an experimental psoriasis drug that the drugmaker had viewed as a potential billion-dollar plus seller.

4:31am EDT

First defendant in Libor scandal faces jury trial in London

LONDON - Tom Hayes, a former star trader at UBS and Citigroup, becomes on Tuesday the first person to face trial by jury over allegations he conspired to rig global Libor interest rates.

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