News

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Wed, 20 Mar 2019 21:29:02 GMT

Nexstar plans 19 stations sale for $1.3B

Nexstar Media Group is planning to sell 19 TV stations to E.W. Scripps and Tegna Inc in a deal worth $1.3B to meet regulatory demands, as it seeks to complete Tribune Media acquisition, the company stated on Wednesday.

Wed, 20 Mar 2019 20:39:26 GMT

Boeing appoints Slattery to lead new JV with Embraer

Boeing has appointed John Slattery as Chief Executive Officer to lead the new joint venture created with the Brazilian planemaker Embraer, Boeing confirmed on Wednesday.

Wed, 20 Mar 2019 20:33:09 GMT

Vodafone likely to get EU warning on Liberty deal

Vodafone is likely to receive the European regulator warning regarding its $22B deal to acquire Liberty Global's EU and German assets, as it raised some competition concerns, sources with a knowledge of the matter reported on Wednesday.

Wed, 20 Mar 2019 19:26:55 GMT

Peel Ports expands workforce amid Brexit uncertainty

The privately held Peel Ports has launched its workforce expansion mostly in Liverpool and is planning new acquisition deals this year on the back of the the growing trade uncertainty caused by Brexit.

Wed, 20 Mar 2019 19:25:46 GMT

Volvo to install in-car sensors to detect drunk drivers

The Swedish carmaker Volvo is set to install sensors and cameras in its vehicles by 2020s that will help prevent accidents caused by drunk driving by detecting the signs of a driver being drunk, as the company seeks to keep focusing on safety.

Wed, 20 Mar 2019 18:14:58 GMT

Global equity markets decline before FOMC decision

On Wednesday, global equity markets are likely to end the longest rally of 2019, as investors took profits before the US Federal Reserve monetary policy decision.

Wed, 20 Mar 2019 18:14:49 GMT

New Zealand's Foreign Minister Peters to visit Turkey

The New Zealand Foreign Minister Winston Peters would travel to Turkey on Wednesday to seek for an answer from Turkey's President Tayyip Erdogan about the mosque shooting remarks.

Wed, 20 Mar 2019 17:07:02 GMT

US crude oil prices reach 2019 high

The US crude oil prices surged to four months high on Wednesday, as data showed the impact of the OPEC production cuts.

Wed, 20 Mar 2019 17:06:40 GMT

EU's Antitrust Commission fines Google of $1.7B

The European Union Antitrust Commission fined Alphabet's Google $1.7 billion on Wednesday for search ad blocks. The third largest EU antitrust penalty in two years.

Wed, 20 Mar 2019 16:16:20 GMT

Sweden's automaker Volvo to add in-car sensors

Sweden's automaker Volvo plans to install sensors and cameras in its vehicles from the beginning of the 2020s to monitor drivers for hints of being drunk.

Wed, 20 Mar 2019 16:14:50 GMT

Talks between Exxon and Algeria to tap shale gas have stopped

According to sources with knowledge of the matter, Exxon Mobil's discussions to tap Algeria's natural gas have stalled due to unrest.

Wed, 20 Mar 2019 14:42:50 GMT

Theresa May requests Brexit extension

The Prime Minister of the United Kingdom on Wednesday requested a three-month extension to the Brexit. The request faced immediate opposition from the EU and beat down the GBP/USD by 100 base points.

Wed, 20 Mar 2019 14:42:39 GMT

Disney ends 71$ billion acquisition

On Wednesday, it was announced by the Walt Disney Company that it has finished its $71 billion worth acquisition of the Twenty-First Century Fox assets. This event gives Disney the needed assets to compete with Netflix.

Wed, 20 Mar 2019 14:34:52 GMT

Poste Italiane to bolster parcel delivery

Poste Italiane is seeking to over double the amount of delivered parcels to 100M by 2022, compared with 45M units sent last year, the Mail and Parcel division's head announced on Wednesday.

Wed, 20 Mar 2019 14:28:39 GMT

Suzuki, Toyota strengthen ties for EVs

On Wednesday, Suzuki Motor and Toyota Motor stated they were planning to enhance their relations to manufacture electric vehicles and provide completions for each other to boost competitiveness in the industry.

Wed, 20 Mar 2019 13:39:43 GMT

Apple rolls out new generation of AirPods

On Wednesday, Apple Inc launched the upgraded version of the company's wireless headphones "AirPods", right ahead of the event planned for March 25, where it is likely to reveal video and TV service.

Wed, 20 Mar 2019 13:37:16 GMT

Google fined €1.49B for banning ad rivals

The EU antitrust regulators fined Google €1.49B on Wednesday for banning the company's rival online advertisers, the third penalty the tech giant has got this year.

Wed, 20 Mar 2019 12:36:34 GMT

PetroReconcavo looks at Petrobras onshore fields

PetroReconcavo, the Brazil independent oil firm, launched talks with the state-run Petroleo Brasileiro to acquire a 34 oilfield cluster in the country's northeast, oil industry sources reported on Wednesday.

Wed, 20 Mar 2019 12:28:53 GMT

Inmarsat in talks on $3.3B transatlantic deal

Inmarsat Plc stated it had received a takeover bid from the private equity-led consortium that could value the UK satellite firm at around $3.3B, taking it private.

Wed, 20 Mar 2019 11:39:41 GMT

Invesdor acquires Austrian peer Finnest

Invesdor, the Finnish crowdfunding company, agreed to acquire Austria's peer Finnest, seeking the acquisition would trigger further consolidation in the EU crowdfunding market.

Wed, 20 Mar 2019 10:24:21 GMT

Companies express interest in Malaysian Airlines

Malaysia stated it had received interest from foreign and local companies to acquire the struggling national airline Malaysia Airlines Bhd, Mahathir Mohamad, the country's Prime Minister stated on Wednesday.

Wed, 20 Mar 2019 10:20:13 GMT

MLS partners with MGM-CVC joint venture

Major League Soccer has tied up with Roar Digital, a joint venture clinched between GVC Holdings and MGM Resorts International, gaining a unique sports betting partner, it announced on late on Tuesday.

Wed, 20 Mar 2019 09:33:06 GMT

Kroger plans Turkey Hill unit sale to Peak Rock

The US supermarket chain Kroger announced it was planning a sale of its Turkey Hill unit to an affiliate owned by the private equity group Peak Rock Capital, not disclosing the financial terms of the deal.

Wed, 20 Mar 2019 08:35:25 GMT

Tencent considers bidding for A.S. Watson stake

Tencent Holdings, China's tech firm, is exploring a bid for a 10% Temasek Holdings' stake worth $3.0B in the health and beauty retailer A.S. Watson, according to a Bloomberg report published on Wednesday.

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