Rupert Murdoch’s Fox Abandons Time Warner Bid

Aug. 6 (Bloomberg) -- Time Warner, a day after Rupert Murdoch withdrew his $75 billion takeover bid, reported second-quarter earnings that beat analysts’ estimates and said it plans to buy back $5 billion of its shares. Bloomberg Intelligence Director Paul Sweeney speaks on “Bloomberg Surveillance.” (Source: Bloomberg)

The State of Italian Banking Amid Economic Recovery
52:05 - Carlo Messina, chief executive officer at Intesa Sanpaolo, discusses the state of banking in Italy and outlook for recovery in the country. He speaks with Francine Lacqua on Bloomberg Television’s “The Pulse.” (Source: Bloomberg)
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