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Bloomberg Dish Network Corp, Charter Communications Inc and Altice USA Inc are among bidders for assets T-Mobile US Inc. plans to sell to win regulatory approval for its $26.5 billion takeover of Sprint Corp., according to people familiar with the matter. The companies are on a shortlist of bidders favored by the Justice Department, said the people, who asked to ...

Bloomberg PricewaterhouseCoopers was fined 4.55 million pounds ($5.8 million) by the UK’s accounting watchdog over failings in its handling of technology firm Redcentric Plc, giving fresh ammunition to critics calling for a breakup of the so-called Big Four auditing firms. The penalty was reduced from 6.5 million pounds after the company admitted its wrongdoing ahead of a final decision by ...

Bloomberg The same source responsible for a recent missile launch on an airport in Saudi Arabia likely perpetrated attacks on ships near the Strait of Hormuz, according to the Kingdom’s energy minister. Khalid Al-Falih’s comments during a G-20 ministerial meeting on energy and the environment in Japan come after US President Donald Trump blamed Iran for the vessel attacks near ...

Bloomberg China confirmed that a Chinese fishing vessel was involved in an incident with Filipino fishermen in South China Sea but denied that it hit and abandoned them. China’s preliminary investigation showed that Chinese fishing vessel Yuemaobinyu 42212 from Guangdong province was engaged in a “light purse seine operation” about midnight on June 9 when it was suddenly besieged by ...

Bloomberg Hong Kong’s leader suspended efforts to pass a bill allowing extraditions to China, in a dramatic reversal that she said was necessary to restore order in the Asian financial hub and avoid further violence and mass protests. Carrie Lam, Hong Kong’s chief executive, announced the legislative “pause” at a news conference on Saturday, even as activists asked hundreds of ...

Bloomberg Rivals to be Britain’s next prime minister are holding private talks over joining forces in an attempt to stop the pro-Brexit favourite, Boris Johnson, running away with the contest, people familiar with the matter said. Two of the candidates who are struggling for support — Home Secretary Sajid Javid and Health Secretary Matt Hancock — met to discuss their ...

Bloomberg Whether it’s an immigration deal with Mexico, a new base for US soldiers in Poland or tariffs on Chinese imports, what’s important to Donald Trump is that some other country will pay the bill. The US president has repeatedly boasted this month that the costs of various agreements he’s struck will either be born by foreigners or will be ...

If you want a peek at the future, try looking at Japan. It’s a sobering exercise. Here’s how economist Timothy Taylor, managing editor of Journal of Economic Perspectives, describes country’s outlook: “[Japan] is facing a situation of a declining population and workforce, and the share of the population that is elderly is on the rise. [This is] driving up government ...

In China, debt takes many shapes – on the books, off the books, or buried deep within the financial system. Now, debt can even be considered equity. In a bid to boost the economy, China announced it would allow local governments to borrow more to fund infrastructure investment. As part of this push, it will let municipalities use the proceeds ...

At first glance, it looks like dealmaking is booming in the US and dead in Europe. Contrast United Technologies Corp.’s blockbuster tie-up with fellow defense contractor Raytheon Co. and Fiat Chrysler Automobiles NV’s decision to pull out of talks with Renault SA. The reality is more that transactions are getting harder everywhere as protectionism mixes with trustbusters and awkward shareholders. ...