Comcast CEO Says Hulu Sale Process to Disney Will Now Begin Sept. 30
Disney Purchase of Comcast’s Hulu Stake to Begin Sept. 30, Brian Roberts Says
Bloomberg Business
Casino CDS Holders Set for Payout, Ending Months of Speculation
Holders of derivatives that protect against a default by French supermarket chain Casino Guichard-Perrachon SA are set for a payout, ending months of speculation.
France Sees China Easing Stance on Ukraine Before G-20 Summit
China has softened its stance on the war in Ukraine in the run-up to a summit of Group of 20 nations, according to a senior French official.
Blinken Vows to Give Ukraine What It Needs for Offensive
The US will ensure Ukraine is equipped to defeat Russia and rebuild its economy, Secretary of State Antony Blinken said during a visit to Kyiv to show support as its forces press ahead with a grinding counteroffensive.
China’s Share of US Imports Falls to Lowest Since 2006
China’s share of US goods imports fell to the lowest level since 2006 in the 12 months through July, according to a new report by the US Census Bureau.
Crucial Jet-Engine Blades Among Bogus Parts Supplied by UK Firm
The bogus jet-engine parts supplied by a UK company under investigation for fraudulent documentation included turbine blades, a crucial component of an aircraft’s propulsion system.
FEMA Names Nearly 500 US Communities as ‘Resilience Zones’
Census tracts around the country will be prioritized for federal support as their residents contend with impacts of climate change and other natural hazards.
WeWork to Renegotiate Nearly All Leases, Exit ‘Unfit’ Sites
WeWork is renegotiating nearly all of its leases with landlords and plans to exit “unfit and underperforming” locations, Chief Executive Officer David Tolley said on Wednesday.
Poland Delivers ‘Bazooka’ Cut to Boost Economy Ahead of Vote
Poland’s central bank delivered a surprisingly steep interest rate cut in a bid to boost a slowing economy less than six weeks before a tightly-contested election, weakening the zloty and hammering banking stocks.
Europe Luxury Stocks Slide After Richemont Chairman Says Inflation Is Denting Demand
Luxury-goods stocks slumped in Europe, wiping out more than $25 billion in market value, after Richemont Chairman Johann Rupert said inflation is starting to dent demand across the region.
