Press Digest: New York Times business news - Oct. 13

Activision Blizzard

13/10/2023 08:08

Oct 13 (Reuters) - The following are the top stories on
the New York Times business pages. Reuters has not verified
these stories and does not vouch for their accuracy.
    
    - British regulators gave final approval to Microsoft’s
 MSFT.O  $69 billion acquisition of the video game publisher
Activision Blizzard  ATVI.O , the last major obstacle for a deal
that at one point seemed to be falling apart because of
government objections on both sides of the Atlantic.
    
    - European Union regulators opened an inquiry into X, the
social media platform owned by Elon Musk, over the prevalence of
gory videos and images, terrorism content, and other illicit
material it is carrying related to the Israel-Hamas war.
    
    - Ford Motor  F.N  said on Thursday that it could not
improve its contract offer to the United Automobile Workers
union without hurting its business and its ability to invest in
electric vehicles.
    
    - New York officials refused to grant an additional $12
billion in subsidies to the developers of 90 renewable-energy
projects, raising concerns about the state's ability to cut its
dependence on fossil fuels over the next decade.
    

 (Compiled by Bengaluru newsroom)
 ((globalnewsmonitoring@thomsonreuters.com))