International Business News

DealBook Briefing: Guessing What Rupert Murdoch’s Next Act Will Be

Fri, 12/15/2017 - 20:06
The media mogul has sold off some of Fox’s flashiest assets, but kept businesses like news that are close to his heart. How will he rebuild an empire?

Jonathan Saunders Resigns Role at Diane von Furstenberg

Fri, 12/15/2017 - 20:03
The Scottish designer abruptly announced his departure as chief creative officer 18 months after taking the job.

Economic View: What Is Bitcoin Really Worth? Don’t Even Ask.

Fri, 12/15/2017 - 20:00
Bitcoin’s price is supported by the “animal spirits” of those betting on it, not by economic fundamentals. No wonder the market has been chaotic.

Ryanair Agrees to Recognize Pilot Unions in Bid to Avert Strike

Fri, 12/15/2017 - 18:37
Europe’s biggest budget airline reversed a longstanding policy in hope of avoiding disruptions during the busy holiday travel period.

Why Did Disney Expand Its Sports Kingdom With Out-of-Favor Networks?

Fri, 12/15/2017 - 18:00
In its megadeal with 21st Century Fox, Disney acquired 22 regional sports networks that it believes will complement ESPN. It’s unclear how that will happen.

The Getaway: New Tools and Tours for Solo Travelers

Fri, 12/15/2017 - 18:00
As more people explore the world on their own, travel companies are beginning to find more meaningful ways to serve them.

Labor Board Reverses Ruling That Helped Workers Fight Chains

Fri, 12/15/2017 - 10:36
Newly under Republican control, the National Labor Relations Board changed the standard for holding a company responsible for a franchisee’s practices.

The Streaming Landscape After Disney’s Deal

Fri, 12/15/2017 - 09:32
Netflix is the clear leader in the streaming wars, but Disney’s deal with 21st Century Fox changes things. Here’s a look at the various streaming services.

China’s HNA Keeps Striking Foreign Deals as Banks Wince and Investors Flee

Fri, 12/15/2017 - 09:01
Executives at the deeply indebted conglomerate say it still enjoys support from lenders, even as bond prices fall and regulators raise questions.

F.C.C. Repeals Net Neutrality Rules

Fri, 12/15/2017 - 08:59
In a 3-to-2 vote along party lines, the agency scrapped Obama-era rules meant to protect an open internet.

Stuart Evey, a Founding Force at ESPN, Is Dead at 84

Fri, 12/15/2017 - 08:32
Mr. Evey persuaded his bosses at Getty Oil to invest in the start-up sports network and then helped manage it as it took wing.

Common Sense: The Disney-Fox Deal Has Friends in High Places

Fri, 12/15/2017 - 07:20
The Justice Department moved to block AT&T’s attempted acquisition of Time Warner. So why would it approve this $52.4 billion megadeal?

Murdoch Speaks on the Fox-Disney Merger

Fri, 12/15/2017 - 06:39
Disney's deal to buy most of 21st Century Fox's assets started with an informal chat at Rupert Murdoch's winery.

Breakingviews: Disney’s Fox Deal May Force European Telecoms to Retreat

Fri, 12/15/2017 - 06:15
With pay-TV group Sky soon to be owned by Disney, some European telecoms may need to scale back their ambitions for producing content.

Why Net Neutrality Was Repealed and How It Affects You

Fri, 12/15/2017 - 05:47
The Federal Communications Commission voted Thursday to repeal Obama-era net neutrality rules. Here’s what you need to know.

Ford Chooses a Detroit Base to Take On Silicon Valley

Fri, 12/15/2017 - 05:31
The automaker, long absent from the city proper, will create a hub there for work on self-driving and electric cars.

‘Curb Your Enthusiasm’ Will Return for Season 10

Fri, 12/15/2017 - 04:38
Larry David’s cringe humor sitcom, which returned this fall after a long hiatus, will begin production on a new season in the spring.

Breakingviews: Disney Deal Should Erase the Murdoch Discount

Fri, 12/15/2017 - 03:56
Disney’s acquisition of a large portion of 21st Century Fox is a historic deal for Rupert Murdoch — and it should erase the discount afflicting his long-suffering shareholders.

Europe’s Central Bank, Lagging Behind Counterparts, Faces Eventful 2018

Fri, 12/15/2017 - 03:27
With the central banks of the United States and Britain raising rates, the E.C.B. turns its attention to the year ahead and how fast it should roll back stimulus.

Teva Pharmaceuticals to Cut 25% of Jobs in Huge Reshaping

Fri, 12/15/2017 - 03:18
The world’s biggest maker of generic drugs has been squeezed by increased competition and lower prices and is saddled with a large amount of debt.