Three months after Comcast announced its $45 billion takeover of Time Warner Cable last year, rival AT&T announced a $48 billion takeover of DirecTV.
The UK construction industry grew at its slowest pace in nearly two years during April, a closely watched survey has indicated. The CIPS/Markit Construction Purchasing Managers' Index (PMI) fell to 54.2 in April from 57.8 a month earlier.
LONDON (Reuters) - A worldwide selloff in government bonds deepened on Wednesday, with the rise in yields to their highest level this year spreading unease across all asset classes and putting stock markets around the world under pressure.
On April 30, Tesla CEO Elon Musk issued a ballyhooed announcement that the company will sell two battery storage systems that he believes will disrupt the energy industry.
Oil extended its advance to trade above $62 a barrel on signs the U.S. supply glut is easing. Futures gained as much as 2.7 percent in New York, rising from the highest close since December.