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Twenty-First Century Fox in talks with Blackstone to buy Tribune

NEW YORK Twenty-First Century Fox Inc is in talks with Blackstone Group LP about submitting an offer to buy Tribune Media Co , one of the largest U.S. television station operators, sources familiar with the matter said on Sunday.

Recent Business News

Siemens, SAP sign cooperation deals with Saudi Arabia: officials

JEDDAH Saudi Arabia wants German companies Siemens and SAP to play an important role in furthering the kingdom's "digital transformation", company officials said on Sunday during German Chancellor Angela Merkel's visit to the country.

Tech, Saudi Arabia 11:15am EDT

Off target in 2016, global elite regroup at Milken conference

BEVERLY HILLS, Calif. Titans of U.S. industry and Wall Street gather in Beverly Hills this week to discuss how to navigate - and profit from - hot topics such as U.S. tax reform, the upcoming French election and Chinese economic growth.

1:08pm EDT

Sudden collapse of Alitalia would be a shock to Italy's economy-minister

ROME A sudden collapse of loss-making national airline Alitalia [CAITLA.UL] would be a great shock for Italy's economy, Industry Minister Carlo Calenda said on Sunday.

11:01am EDT

China April manufacturing growth slows faster than expected

BEIJING Growth in China's manufacturing sector slowed faster than expected in April, an official survey showed on Sunday, as producer price inflation cooled and policymakers' efforts to reduce financial risks in the economy weighed on demand.

Apr 29 2017

South Korea already working on reducing trade surplus with U.S.: finance minister

SEOUL South Korea's finance minister said on Sunday the government was already working on downsizing its trade surplus with the United States, a reference to U.S. President Donald Trump's comments Thursday that Washington will renegotiate or scrap the free trade pact the two countries have.

Apr 29 2017

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