Bloomberg Walt Disney Co. may announce a deal as soon as this week to acquire a large piece of 21st Century Fox Inc., according to a person familiar with the matter, transferring legendary Hollywood properties to new owners. Comcast Corp., the other major contender for the Fox assets, said it’s no longer in the running. A trust belonging to Fox ...

Bloomberg UK inflation unexpectedly accelerated to the fastest in more than 5 1/2 years in November, which will force Bank of England Governor Mark Carney to explain why price growth is so far above his policy target. The 3.1 percent rate was stronger than economists had forecast and the highest since March 2012. The Office for National Statistics said that ...

Bloomberg Cyrus Massoumi spent the last few years building exactly what he thought would thrive on Facebook: A series of inflammatory conservative websites, finely tuned to produce the most viral and outrageous version of the news. The social network rewarded him with an audience. Facebook Inc. now wants something different. Reacting to concerns about how fake news spread on its ...

Bloomberg Syrian President Bashar al-Assad should be allowed to run for re-election, Russia’s top envoy for Syria said, dismissing Western efforts to condition reconstruction aid on the departure of the leader. “I don’t see why he shouldn’t or wouldn’t run for another presidential term,” Alexander Lav- rentiev, appointed by the Krem- lin to steer the Syria peace process, told Bloomberg ...

Bloomberg President Donald Trump said that Monday’s New York City bombing shows the urgency of tightening immigration laws as his spokeswoman argued the administration’s policies would have kept the suspect out of the country. “America must fix its lax immigration system, which allows far too many dangerous, inadequately vetted people to access our country,” Trump said in a written statement. ...

Bloomberg German Chancellor Angela Merkel said the European Union must push ahead with deepening integration next year if the bloc is to have meaningful influence on the global stage, her clearest backing yet for a reform drive championed by French President Emmanuel Macron. Merkel said she wanted talks to form another coalition government with the Social Democrats to be concluded ...

Bloomberg Turkish president Recep Tayyip Erdogan was among the targets of a bribery and money laundering probe in that country related to illicit flows of Iranian oil proceeds, a former Istanbul police officer testified in New York. The officer, Huseyin Korkmaz, said the investigation initially focused on the organization run by gold trader Reza Zarrab, but later grew to include ...

Bloomberg Honduran opposition leader Salvador Nasralla says he’s a moderate, pro-US candidate who Washington is wrong to fear, as he demands a full recount of ballots in a disputed election that has plunged the central American nation into its worst crisis in nearly a decade. Nasralla says he is a moderate who the US government has mistakenly branded a radical. ...

Bitcoin just passed its first major Wall Street test, but cryptocurrency bulls shouldn’t read too much into it. Bitcoin futures began trading on the evening of December 10, Sunday on the CBOE—the first ‘Wall Street’ exchange to list the digital currency — and the direction was straight up. By 11:30pm New York time, the contract had already been halted twice ...

The UK has long prided itself on being open for business. Its top 100 publicly traded companies derive most of their revenue from overseas and boast a higher proportion of foreign bosses than the US, Germany and France. But that diversity is starting to fade — just as Brexit looms large. Recruitment firm Robert Half estimated earlier this year that ...