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Walt Disney raises bid for Fox assets to $71.3 billion, tops Comcast

Walt Disney Co raised its bid for the bulk of Twenty-First Century Fox Inc's coveted media assets to $71.3 billion on Wednesday, sweetening its deal with cash as it looks to upend Comcast Corp's $65 billion offer. | Video

Recent Business News

For OPEC, oil tariff spat is short-term gain, long-term pain

VIENNA OPEC, which has lost Chinese market share to U.S. oil producers, should in theory view a tariff spat between Beijing and Washington as a boon.

11:41am EDT

Boeing targets 2025 for new jet but won't rush decision

PARIS The head of Boeing jetliner sales said on Wednesday he was confident a possible new mid-market jet with the potential to carve out new routes would be ready to enter service in 2025, but stressed the planemaker would not be rushed into a decision.

1:09pm EDT

Deutsche Bank to pay $205 million to settle NY currency rigging charges

Deutsche Bank AG has agreed to pay a fine of $205 million for violations of New York's banking laws, the state's department of financial Services said on Wednesday.

12:14pm EDT

Audi's detained CEO questioned by prosecutors over emissions scandal: source

MUNICH Munich prosecutors questioned Audi's arrested Chief Executive Rupert Stadler about a global diesel-cheating scandal on Wednesday, a person familiar with the matter told Reuters.

11:11am EDT

Looking for another Nasdaq? Try Europe's aerospace and defense stocks

MILAN Fat order books covering several years of sales have made European aerospace and defense firms a winning bet as a slowing economy and political instability have clouded prospects for the region's equity market.

10:47am EDT

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