Spain is analyzing Saudi Telecom Co.’s plan to become Telefonica SA’s largest shareholder, Prime Minister Pedro Sanchez said, balancing a welcome for foreign investment with being wary of “undue influence.”
Stocks dropped, with Friday’s $4 trillion triple witching options event potentially amplifying volatility and traders weighing a raft of economic data ahead of next week’s Federal Reserve decision.
Arm Holdings Plc’s highly-anticipated trading debut caught the attention of retail traders.
Walt Disney Co. has now fielded at least one offer for its ABC TV network, local stations and some cable channels, and more may come as the company seeks to shed what it considers non-core assets and focus on streaming.
US factory production eked out a small increase in August as a drop in motor vehicle assemblies masked a larger rebound in output of other consumer goods and business equipment.
TikTok, the video-sharing social-media app that’s faced a global backlash over its links to China, was fined €345 million ($368 million) in the European Union for alleged lapses in the way it cares for children’s personal data.
A landlocked country in Central Asia is home to an international hit.
Almost 20 defense technology executives plan meetings Monday with Biden administration officials, House Speaker Kevin McCarthy and other lawmakers to push for speedier military procurement and more investment in pioneering technologies, steps they say are necessary to ensure the US maintains its innovation edge over China.
The European Union downplayed the potential of a harsh Chinese response to the bloc’s investigation of electric-vehicle subsidies.
The Senate Armed Services Committee is looking into national security issues raised by Elon Musk’s decision not to extend the private Starlink satellite network to aid a Ukrainian attack on Russian warships near the Crimean coast.
