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Brazil leader sees no fallout from World Cup defeat

Brazil’s humiliating defeat in the World Cup will have no impact on the elections in October, President Dilma Rousseff predicts.

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Shire in talks with AbbVie over $51B bid

Shire talks with U.S. drugmaker over its proposed $51 billion takeover, the Financial Times reports.

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F-35 grounding threatens showcase at Farnborough

The U.S. Navy maintains grounding order for F-35 fighter jets, threatening their appearance at two key trade shows.

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Alibaba outlines board plans, sets value at $130B

Chinese e-commerce company’s board can be expanded to 11 members after Alibaba’s New York IPO this year.

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Burberry investors vote down CEO’s big pay deal

Burberry shareholders rejected a 20 million pound remuneration package for its new CEO. The Financial Times reports.

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Ex-Macau partner suing Las Vegas Sands for $5B

A former Macau business partner of Las Vegas Sands is suing Sands for at least $5 billion in profits that it says are owed.

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John Malone is looking for the next Netflix

With a Comcast-Time Warner Cable deal in the offing, John Malone’s dealmaking could shift from the U.S. to Europe.

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Slim expects growth for Mexican economy in 2015

Carlos Slim thinks Mexico’s economy will start to grow at a faster pace next year after overcoming a sluggish couple of years.

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S&P ups Ukraine outlook to stable from negative

S&P revised its outlook on Ukraine to stable from negative, saying an IMF program has helped improve the economy.

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Stocks have room to run, hedge funds bet

Stocks reaching record highs haven’t caused hedge funds to decrease their market exposure.