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Volkswagen, Ford mull alliance to develop commercial vehicles

Bloomberg Volkswagen AG and Ford Motor Co are considering a strategic alliance to work together on a range of commercial vehicles, a move that would enable two of the world’s largest automakers to share the burden of meeting tougher environmental rules. The potential alliance on several projects, including vans and other commercial vehicles, won’t lead to an exchange of equity ...

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Fox accepts $71.3 billion Disney bid

Bloomberg 21st Century Fox Inc accepted a sweetened, $71.3 billion bid from Walt Disney Co for its entertainment assets, outbidding Comcast Corp in a battle for one of the media industry’s biggest prizes. The $38-a-share price is about $10 a share higher than what Disney offered in December — and $3 above Comcast’s bid from last week. The new agreement ...

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Sweden consumer confidence slides to two-year low in June

Bloomberg Consumer confidence slid for a seventh month in Sweden amid sliding housing prices and a tumbling krona, adding to woes as the largest Nordic economy now also faces a possible trade war. The National Institute of Economic Research’s consumer confidence indicator unexpectedly slid to 96.8 in June, which is the lowest in almost two years. Swedes became more pessimistic ...

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