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Fox results weaken as focus shifts to Disney-Comcast tussle

Bloomberg 21st Century Fox Inc., Rupert Murdoch’s film and TV company, reported weaker earnings in its latest quarter, even as a looming deal to offload most of its entertainment assets took the focus off the results. Excluding some items, profit amounted to 51 cents a share last quarter, New York-based Fox said. That missed the average of analysts’ estimates of ...

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Ousted Malaysia leader quits as party chief, banned from travel

Bloomberg Former Malaysian Prime Minister Najib Razak resigned on Saturday as head of his party and was slapped with a travel ban as he faces the prospect his successor reopens a probe into a multi-billion dollar scandal at a state fund. Najib announced he would step down as president of the United Malays National Organisation, and as chairman of the ...

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Trump envoy to share stage with sanctioned tycoon at Putin forum

Bloomberg The US ambassador to Moscow, pushing to build business ties with Russia, is scheduled to join a panel discussion this month at the Kremlin’s premier economic forum with Viktor Vekselberg, an oligarch slapped with American sanctions and linked to payments to Donald Trump’s lawyer. Jon Huntsman, appointed by Trump last year, has been encouraging American business leaders to attend ...

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