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US FTC eyes options after Microsoft/Activision loss, source says

BY Reuters  • July 17, 2023July 17, 2023
By Diane Bartz WASHINGTON (Reuters) – The U.S. Federal Trade Commission is considering its options after stinging losses last week in its bid to stop Microsoft’s $69 billion deal to buy Ac[...]
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Business Economy Entertainment and Lifestyle Europe Technology UK Updated US

Plaintiffs ask US Supreme Court to temporarily halt Microsoft, Activision merger

BY Reuters  • July 17, 2023July 17, 2023
By John Kruzel WASHINGTON (Reuters) – A group of individual plaintiffs on Monday asked the U.S. Supreme Court to temporarily halt Microsoft’s $69 billion acquisition of Activision Blizzard[...]
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Business Europe Technology UK US

Dollar decline slows as investors wait on Fed

BY Reuters  • July 17, 2023July 17, 2023
By Karen Brettell NEW YORK (Reuters) – The dollar dipped against a basket of currencies on Monday after last week suffering its largest weekly decline this year as Treasury yields tumbled, but h[...]
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Asia Australia Business Canada Economy Europe UK Updated US

Oil dips over 1.5% on demand fears after weak Chinese data

BY Reuters  • July 17, 2023July 17, 2023
By Arathy Somasekhar HOUSTON (Reuters) -Oil dropped by more than 1.5% on Monday after weaker than expected Chinese economic growth raised doubts over the strength of demand in the world’s second[...]
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Business Economy Europe Middle East UK Updated US

Microsoft granted two-month pause of UK appeal over Activision deal

BY Reuters  • July 17, 2023July 17, 2023
By Sam Tobin and Paul Sandle LONDON (Reuters) -Microsoft’s appeal against Britain’s block on its $69 billion takeover of Activision Blizzard was formally paused by a London tribunal on Mon[...]
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Business Economy Europe Technology UK Updated US

Traders bulk up on biggest bull position in sterling since Brexit

BY Reuters  • July 17, 2023July 17, 2023
By Nell Mackenzie LONDON (Reuters) – Speculators have amassed their biggest long position in sterling in dollar terms since Brexit, but untamed inflation and weak growth mean the party in the po[...]
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Business Economy Europe UK

Debt restructuring talks at G20 meet hurt by differences, low attendance

BY Reuters  • July 17, 2023July 17, 2023
By Sarita Chaganti Singh and Shivangi Acharya GANDHINAGAR, India (Reuters) – Debt restructuring talks made little progress during the third finance meeting of the G20 countries in India as the b[...]
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Asia Business Economy Europe Latin America UK US

Marketmind: China falls short and oil ebbs but banks impress

BY Reuters  • July 17, 2023July 17, 2023
A look at the day ahead in U.S. and global markets from Mike Dolan China’s spluttering recovery set the tone for world markets on Monday after a bumper week of U.S. disinflation news was capped[...]
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Asia Business Economy Europe Politics UK US

Global rules leave crypto firms with no place to hide, says G20 watchdog

BY Reuters  • July 17, 2023July 17, 2023
By Huw Jones LONDON (Reuters) – Globally agreed rules leave crypto firms with no option but to introduce basic safeguards to prevent the blow-ups seen at FTX exchange and other crypto casualties[...]
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