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Comcast to split cable business from media through NBCUniversal, Sky spinoff

Comcast NASDAQ:CMCSA will split into two publicly traded companies through a spinoff of NBCUniversal and Sky, separating its cash-generating broadband arm from a media and entertainment business under pressure from streaming rivals and industry consolidation.Shares of the company rose more than 20…

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StocksUS

Boots’ suitors will require fixer upper discount 

By Jennifer JohnsonFew UK high-street brands are as recognisable as pharmacy chain Boots, whose scientists discovered ibuprofen in 1961. But today the group is best known as a perennial M&A target. Australia’s Sigma Healthcare ASX:SIG was the latest suitor, before it walked away on June 15. Price m…

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StocksGB

Rupee slips as tepid stocks dull boost from firmer Asian peers

By Jaspreet KalraThe Indian rupee lumbered in a thin band before ending modestly weaker on Monday as a decline in local stocks eroded the boost to market sentiment from gains in Asian currencies after the U.S. and Iran agreed to halt recent hostilities.The rupee FX_IDC:USDINR settled at 94.54 per d…

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Forex
NEWS reuters

Japan skips mid-year tweak to JGB issuance plan as market rout eases

Japan's Ministry of Finace will forgo adjustments to the planned issuance of government bonds to the market for this fiscal year at a newly introduced mid-year review, after hearings with investors, a senior official said on Monday.The first regular mid-year review of the government's bond issuance…

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Bonds
NEWS reuters

Southeastern Europe feels effects of heatwave, wildfires break out 

By Aleksandar Vasovic and Gavin JonesThe Balkans felt the impact on Monday of the record-breaking heatwave that has caused hundreds of excess deaths and disrupted daily life across the continent for more than a week, with growing concerns over the spread of wildfires.There was also a warning that t…

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