Author Archives

• Approval of Charter, Time Warner Cable Merger Confirmed by FCC

  By admin2 on May 7, 2016 • ( 0 )

  

  Charter Communications Inc’s acquisitions of Time Warner Cable Inc and Bright House Networks were approved in a announcement by the U.S. Federal Communications Commission which confirmed the acquisition on Friday.  Approval from regulators in California is the last approval that… Read More ›

• Size of Telecom Bust Close for the U.S. Oil Industry Bankruptcy Wave

  By admin2 on May 6, 2016 • ( 0 )

  

  With 59 oil and gas companies now bankrupt after this week’s filings for creditor protection by Midstates Petroleum and Ultra Petroleum, the rout in crude prices is snowballing into one of the biggest avalanches in the history of corporate America…. Read More ›

• Issue of Influence of Sponsor BP being Investigated against British Museum

  By admin2 on April 30, 2016 • ( 0 )

  

  There have been allegations that some of Britain’s most revered cultural institutions have broken its code of ethics in the way they dealt with one of their commercial sponsors, BP and the allegations are being investigated by the Museums Association, reported… Read More ›

• Qatar’s push for seat Balked by VW executive committee: Reuters

  By admin2 on April 30, 2016 • ( 0 )

  

  A request that has met with substantial opposition, shareholder Qatar has asked Volkswagen for a seat on the company’s executive committee as they are frustrated with the pace of reform at Volkswagen, reported Reuters quoting two sources familiar with the… Read More ›

• Eurozone Economy Speeds up En-route to Recovery

  By admin2 on April 29, 2016 • ( 0 )

  

  The official statistics state that the eurozone’s economy grew by a faster-than-expected 0.6% in the first three months of the year. The growth was above analysts’ expectations 0.4% and from the 0.3% rate recorded in the previous quarter the growth… Read More ›

• His Entire Stocks in Apple Cold by billionaire Investor Carl Icahn

  By admin2 on April 29, 2016 • ( 0 )

  

  Citing the risk of China’s influence on the stock, Carl Icahn, the the billionaire activist investor who has long been one of the most prominent voices declaring the company to be undervalued says he has sold his entire stake in… Read More ›

• World’s Largest Private Tech Investment Round Yields $4.5 Billion for Alibaba’s Ant Financial

  By admin2 on April 26, 2016 • ( 0 )

  

  A US$ 4.5 billion Series B round of financing WAS completed by Alibaba’s Ant Financial Services Group, one of the world’s largest online financial services companies, the company said on Tuesday. According to some sources, the company is now valued at… Read More ›

• Low Income Families to be Offered $5 Internet by AT&T

  By admin2 on April 26, 2016 • ( 0 )

  

  Low-income families would now be offered discounted internet access by AT&T starting for as low at $5 a month. The new program, called Access from AT&T says that any home where at least one person receives food stamps will be… Read More ›

• EDF Again Delays Decision on Hinkley Point C Nuclear Power Plant

  By admin2 on April 25, 2016 • ( 0 )

  

  After France’s economy minister said the country’s energy giant EDF may not give it the green light until September, the decision on whether to go ahead with the £18bn Hinkley Point C nuclear power project has been delayed again. EDF would deliver… Read More ›

• More than $2 Trillion Expected by Saudi Arabia for a 5% Stake Sale in Aramco

  By admin2 on April 25, 2016 • ( 0 )

  

  Saudi Arabia expects that a stake of its state oil giant Saudi Aramco would be valued at more than $2 trillion. The officials of  the country said this while they confirmed the plan to sell on Monday. Deputy Crown Prince Mohammed… Read More ›