UK confirms Murdoch’s Sky bid will be examined over broadcasting standards

Rupert Murdoch’s planned $15 billion takeover of European broadcaster Sky will be referred to regulators over concerns about broadcasting standards, Britain’s Culture and Media Secretary Karen Bradley said on Thursday. On Tuesday, Bradley said she was...

Thomas Cook partners with Expedia for hotel sales

British tour operator Thomas Cook said on Thursday it had entered into a strategic alliance with Expedia to make the online travel company its preferred provider of hotels for certain holiday sales. Thomas Cook said that while it remained focused on its own-brand...

Swiss central bank changes mantra on franc overvaluation

“The Swiss franc nevertheless remains highly valued, and the situation on the foreign exchange market is still fragile,” the SNB said in a statement after its quarterly policy review. The safe-haven franc has lost some of its allure in recent weeks as...