Disney, Sainsbury’s, Asos: Everything that matters this morning

Disney completes $71bn 21st Century Fox deal
The Walt Disney Company has closed its $71bn (£54bn) acquisition of Rupert Murdoch’s entertainment business 21st Century Fox, giving Disney the boost it needs to take on streaming giant Netflix.
As part of the deal, Disney will absorb the Fox film and TV studios, the FX networks, National Geographic and Indian TV network Star India. It will also bring together franchises such as The Simpsons, X-Men, Star Wars and Marvel under the same roo