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)

London Mayoral Hopeful Hails Housing Plans
05:23 - Zac Goldsmith, London MP and conservative candidate for mayor, discusses the plan to increase home ownership in London by expanding its "help to buy" scheme in a city where the average home now costs more than half a million pounds. He speaks to Bloomberg's Anna Edwards on "Countdown." (Source: Bloomberg)
  • Abengoa's Bondholders Jumping Ship
  • Geopolitics Don't Influence Markets for Long: Wyllie
  • Hollande to Meet Putin in Bid to Expand Alliance