Bloomberg Billionaire Richard Li’s PCCW Ltd. plans to sell a HK$8.53 billion ($1.1 billion) stake in telecommunications unit HKT Trust & HKT Ltd., amassing cash as the Hong Kong tycoon shifts into greater media investments. The shares of both companies fell. PCCW will sell 840.7 million shares of Hong Kong’s largest phone company for HK$10.15 apiece, it said in …

  Bloomberg The European Union’s parliament approved a trade deal with Canada on Wednesday, extolling the pact as a sign of cooperation at a time when many political forces, including US President Donald Trump’s administration, are trying to halt globalization. After three hours of debate on Wednesday and years of negotiations preceding that, the legislature approved the deal by a …

  Bloomberg BlackBerry Ltd. filed a patent-infringement lawsuit against Nokia Oyj, demanding royalties on the Finnish company’s mobile network products that use an industrywide technology standard. Nokia’s products including its Flexi Multiradio base stations, radio network controllers and Liquid Radio software are using technology covered by as many as 11 patents, BlackBerry said in a complaint filed in federal court …