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TheCityUK says Britain can’t take position for granted, despite netting more total trade surplus in 2016 than next two leading countries combined.
The 86-year-old media mogul insists selling assets, including Hollywood film studio, to Disney is about new business and is not a retreat.
Investors should consider social responsibility, says UBS Global investment committee chairman in dramatic U-turn on previous stance.
Rivals desire to work together reflects increasing competition for live sports rights from major tech companies, including Amazon and Facebook.