Rupert Murdoch twice discussed CNN with AT&T CEO Rupert Murdoch twice discussed CNN with AT&T CEO: Rupert Murdoch telephoned AT&T Inc (T.N) Chief Executive Randall Stephenson twice in the last six months and talked about cable network CNN, sources briefed on the matter told Reuters on Friday. Rupert Murdoch telephoned […]

Chip stocks tumble as top performer Nvidia Chip stocks tumble as top performer Nvidia set to report results: hares of chipmakers slumped on Thursday ahead of a quarterly earnings report from Nvidia Corp (NVDA.O), the star performer of the high-flying sector over the past year. The Philadelphia Semiconductor index .SOX […]

China lifts foreign ownership limits on financial firms China lifts foreign ownership limits on financial firms: The Chinese government on Friday said it will raise foreign ownership limits in domestic financial firms, a long-anticipated step that grants greater access to overseas investors into the Asian giant’s financial services market. The […]

Dudley to retire early as Fed overhaul gains steam Dudley to retire early as Fed overhaul gains steam: According to two sources familiar with the plans, directors at the New York Fed have struck a committee to seek a successor to Dudley, who would leave some time next year, before […]

GSKs R&D head to leave for top UK government job GSKs R&D head to leave for top UK government job: His planned departure comes three months after GSK’s new Chief Executive Emma Walmsley announced a major shake-up in the pharmaceuticals division and said the group needed to do better in […]