Fox chose Disney over Comcast due to concerns about the regulatory risks and its stock value, a filing shows
Twenty-First Century Fox had previously rejected a bid from Comcast over concerns about the regulatory risks and its stock value, a regulatory filing showed.
Chinese consumers forecast to spend more time on their phones than watching TV this year
Chinese adults are expected to spend nearly a third of their daily digital activity watching digital video by 2020.
Automation in Africa, Asia and the Middle East is booming, ABB CEO says
Swiss engineering giant is seeing strong growth momentum in developing markets ranging from Asia to Africa, the president and chief executive of Swiss engineering giant ABB told CNBC on Thursday.
Nestle confirms outlook as volume growth picks up
Food group Nestle confirmed its full-year guidance after organic sales growth rose to 2.8 percent in the first quarter of 2018.
P&G to acquire German Merck's consumer health business for about $4.21 billion
The acquisition enables P&G to add to its portfolio of existing consumer healthcare capabilities and brands.