The UK government has all but approved Rupert Murdoch’s bid to take full control of Sky Plc. That’s good news for the satellite broadcaster’s shareholders. It’s also a sign that even the most controversial foreign offers for British companies have a fighting chance of success. UK Culture Secretary Matt Hancock said he will clear the bid by Murdoch’s 21st Century ...

America is easing open the gates for Chinese acquirers. A key (and opaque) US national security panel gave a real estate firm the all-clear to purchase Genworth Financial Inc., an insurer specializing in long-term care, after the Beijing-based company gave assurances on data privacy. The weekend nod from the Com­mit­tee on For­eign In­vest­ment in the US for China Oceanwide Holdings ...

One reason the US and China can’t figure out how to negotiate on trade may be that the Americans are making two sets of demands that are antithetical to each other, without even realizing it. On one side are threatened sanctions targeting the Made in China 2025 program of technology development and those against ZTE Corp. The headline tariffs, sometimes ...