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Disney: Fox might not raise its bid for Sky

Bloomberg For the first time, Walt Disney Co. spelled out for investors that 21st Century Fox Inc. may choose not to increase its takeover offer for British broadcaster Sky Plc. The revelation boosted speculation that Disney and Comcast Corp. may carve up Rupert Murdoch’s media empire rather than fighting to the end for the whole lot. Sky, the UK pay-TV ...

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Europe’s blistering heatwave is ruining this year’s harvest

Bloomberg Looking out over his parched fields south of Berlin, dairy and grains farmer Thomas Gaebert is wishing for rains to save his crops after relentless hot weather. He is one of many farmers battling for survival after a heatwave and drought swept across northern parts of the continent, damaging crops from wheat to barley. Many German growers could go ...

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The game theory and Trump’s trade strategy

Financial markets were of two minds last week about the impact of mounting trade tensions between China and the US. On the one hand, the escalating tit-for-tat tariffs still affect only a relatively small part of the two countries’ economies. The consensus baseline remains that the measures should not have a significant and lasting downward impact on the economy and ...

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