Rupert Murdoch's 21st Century Fox entered a deal Friday to sell all of its stake in Sky Italia and a majority stake in Sky Deutschland to BSkyB, raising more than $8 billion cash to fortress its rebuffed Time Warner bid.
LONDON (Reuters) - Signs that tensions between the West and Russia are starting to hurt confidence in Europe's dominant economy Germany left the euro near an eight-month low on Friday and lifted the region's government bonds.
Russia's central bank decided to lift its key rate unexpectedly on Friday as geopolitical tensions increased risks of inflation amid rising threats to growth.
HONG KONG (Reuters) - McDonald's Corp has suspended sales of chicken nuggets and other items in Hong Kong after it said it imported products from Shanghai Husi Food, the U.S.
The figures, from the Office for National Statistics (ONS), show the economy is now 0.2% ahead of its pre-crisis peak, which was reached in the first quarter of 2008.