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Disney must offer to buy all of Sky, Britain's takeover regulator rules

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Who wants to buy what? Disney has agreed to pay some $52 billion for a big chunk of Rupert Murdoch's 21st Century Fox , including the company's current 39% stake in Sky. The decision from the Takeover Panel, which applies City rules on takeovers and mergers under a code created to ensure shareholders are treated fairly, disagreed with Disney's argument that it should not have to do so. Read More »

IAG to consider Norwegian Air acquisition

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British Airways owner International Airlines Group (IAG ) has confirmed it is considering buying Norwegian, Europe's third largest low-priced carrier. Highlighting the hard state of Norwegian's finances, the airline last month raised $168 million in a share sale after warning of a larger than expected first-quarter loss. Read More »

Uber's new transit plan: electric bikes, rental cars and subway fares

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Since I started as CEO I've signaled very clearly that I am committed to being true partners to cities for the long term. Uber has announced a new partnership with Masabi to add public transit mobile ticketing onto the app, meaning users will have the option to book and display Masabi customers' transit tickets; enabling seamless transfers from ride-sharing to public transport services. Read More »

Have not received info about Nirav Modi from Hong Kong yet: MEA

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It is alleged that LoUs (letters of undertaking) and LCs (letters of credit) worth close to Dollars 2 billion were issued fraudulently to the companies of the uncle-nephew duo from the PNB's Brady House branch in south Mumbai through SWIFT (Society for Worldwide Interbank Financial Telecommunication) messages. Read More »

Snapshot of Mark Zuckerberg's Congress notes answers questions he wasn't asked

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He's about two billion pounds richer after yesterday's hearing - with Facebook stock (of which he has loads) rocketing in value. The fallout from the scandal, and Facebook's response, will continue for some time . The company has said that as many as 146 million people may have received information from a Russian agency that's accused of orchestrating much of the cyber meddling in the election. Read More »

Brexit not to impact EU-India trade ties

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The CBI on Wednesday published a 90-page report outlining what it believes are the existing European Union rules that are most important for United Kingdom businesses and the United Kingdom economy. The report also notes that any changes to rules in one sector could have significant knock-on effects for companies in other sectors and throughout supply chains. Read More »

Crosby's hat trick pushes Penguins past Flyers to open the playoffs

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The lefty-shooting Aston-Reese, who stands 6-foot and is 204 pounds, notched four goals and two assists for six points during the regular season. It has been a sensational season for Philly and the team's biggest stars. And for all his downplaying of the numbers, Murray is well aware of what having his name on the Cup for a third time in as many years would mean to both himself and the rest of Pittsburgh's superstar-laden roster. Read More »

Trending Hot Stock's Analysis: Exxon Mobil Corporation (NYSE: XOM)

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Gruss Capital Management Lp who had been investing in D R Horton Inc for a number of months, seems to be less bullish one the $16.84 billion market cap company. Lederer Invest Counsel Ca stated it has 21,869 shares or 1.64% of all its holdings. $109,542 worth of D.R. Horton, Inc. (NYSE:OKE) for 8,000 shares. It also increased its holding in Equity Comwlth (NYSE:EQC) by 660,000 shares in the quarter, for a total of 980,000 shares, and has risen its stake in Entercom Communications Corp ... Read More »

Fed minutes on future key policy rate trend

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The Fed raised its benchmark interest rate last month, in another step away from policies that were created to recover the economy after the Great Recession. The Fed released the document on Wednesday. It was also the first meeting led by Fed Chairman Jerome Powell, who took the helm of the central bank in February. Read More »

Republicans praise Mulvaney leadership of CFPB

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Mulvaney has said the CFPB has gone too far in policing industry in the past but that abuses do exist. Rep. Gregory Meeks, D-N.Y., shown here in a hearing from 2016, raised concern on Wednesday about Mulvaney running both the CFPB and the OMB. Read More »

"Get ready, Russia." Trump warns of military action in Syria

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The officials declined to comment further and it was not clear whether the Syrian actions would affect USA military planning for potential action against Syria over a suspected poison gas attack. Trump suggested Monday he had little doubt that Syria was to blame, but neither he nor other administration officials have produced hard evidence.This is in contrast to an incident one year ago in which the USA government had video and other evidence of certain aspects of an actual attack by ... Read More »

Ronaldo Breaks Juve Hearts With Last-minute Goal

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Ronaldo showed great composure to fire the ball past substitute Wojciech Szczesny - who had replaced Gianluigi Buffon after he was sent off for protesting the decision - to secure a 4-3 aggregate victory. "I had two more substitutions planned for extra time and I was confident we could do it". He became the only player in Champions League history to score in eleven successive Champions League games. Read More »

Bank of America Corporation (NYSE:BAC)

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Apple Inc. (NASDAQ:AAPL) has risen 19.49% since April 10, 2017 and is uptrending. The stake In Bank Of America Corp ( BAC ) was rose held by Fred Alger Management Inc. Berenberg initiated it with "Buy" rating and $15 target in Wednesday, July 13 report. When investing in a volatile security, the risk of success is increased just as much as the risk of failure. Read More »

Alibaba Group Holding Limited (BABA) - Technical Watch

On Wednesday, March 14 the stock of Alibaba Group Holding Limited ( NYSE : BABA ) has " Buy " rating given by Robert W. Baird. The business services company reported $683.35 million value for the 2017Q4. Advsr Asset Incorporated stated it has 0.13% in Celgene Corporation (NASDAQ:CELG). First Western Capital Mngmt accumulated 35,191 shares. Weatherly Asset Ltd Partnership owns 2,732 shares. Read More »

Rupert Murdoch's Fox Network Arm Raided In European Commission Probe

Officials reportedly seized documents and company records. Other institutional investors have also modified their holdings of the company. "The fact that the commission carries out such inspections does not mean that the companies are guilty of anti-competitive behavior nor does it prejudge the outcome of the investigation itself". Read More »

Uber launches new app for drivers

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Getaround sees its vehicle rentals, which can be booked by the hour or the day, as complementing Uber and Lyft's on-demand rides and helping to move Americans away from private auto ownership. Uber wants to own a piece of every trip that happens in cities, from e-bikes to public transit - even if it's not an Uber-operated service. It's too expensive. Read More »

Trump cancels South America trip to monitor Syria response

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It added that any delays would only play into the hands of those who desire to use the reported incident as a pretext to launch an attack on Syria . When Trump ordered airstrikes previous year after a chemical weapons attack, it was a response to the use of sarin gas, which is banned by the Chemical Weapons Convention that Syria has signed. Read More »

Kumar Vishwas loses Aam Aadmi Party's trust in Rajasthan

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Ashutosh added that his party will fight the elections with "full strength", even as his party alleged that the state's ruling BJP was indulging in "jungle raj" and had failed to deliver on its promises. The move did not come as a surprise for the Rajasthan unit of the AAP as the party 's leaders said Vishwas had been inactive for quite some time and his removal was expected. Read More »

Summary of BP plc (NYSE:BP) Ratings on April 11, 2018

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BP p.l.c. ( NYSE :BP) shares shed -0.38% to finally closed at $41.76 in last active session. At present, the stock price sited at -6.40% from the 52 week high and situated at 23.44% from 52 week low. BP has a twelve month low of GBX 436.95 ($6.18) and a twelve month high of GBX 536.20 ($7.58). Analysts on average have given a price target of $44.64 to BP p.l.c. Read More »

Centrica share price: British Gas hikes default tariffs

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A total of 163,274 customers switched from the Big Six, the data published this week showed, ramping up pressure on energy companies already facing the introduction of a price cap on their most common tariffs. The UK's biggest energy firm scrapped its standard tariff on March 31 and if customers do not switch they will be transferred on to a temporary tariff. Read More »

Tesco's pre-tax profits soar as retailer continues comeback, sales pass £50bn

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The Company's operations consist of top drives and automated pipe handling equipment sales and rentals; aftermarket sales and services, and tubular services, including related products and accessories sales. The grocery sector has struggled in recent years, but Tesco's turnaround plan that has seen it concentrate efforts to reduce operating costs and improve efficiencies across its store has helped increase profitability. Read More »