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100 Articles About 4 billion

businessNews reuters.com

CSX shares derail after CEO takes unexpected medical leave

(Reuters) - CSX Corp shares skidded as much as 10 percent on Friday, wiping out $4 billion in market value, as the No. 3 U.S. railroad by revenue sought to assure investors its turnaround would progress despite the unexpected medical leave of its chief executive officer.

companyNews reuters.com

UPDATE 4-CSX shares derail after CEO takes unexpected medical leave

Dec 15 (Reuters) - CSX Corp shares skidded as much as 10 percent on Friday, wiping out $4 billion in market value, as the No. 3 U.S. railroad by revenue sought to assure investors its turnaround would progress despite the unexpected medical leave of its chief executive officer.

businessNews reuters.com

Unilever to sell spreads business to KKR for $8 billion

(Reuters) - Unilever has agreed to sell its margarine and spreads business to U.S. private equity firm KKR for 6.83 billion euros ($8.04 billion) to concentrate on faster growing products.

companyNews reuters.com

UPDATE 3-CSX shares derail after CEO takes unexpected medical leave

Dec 15 (Reuters) - CSX Corp shares slid as much as 10 percent on Friday, wiping out $4 billion in market value, as the No. 3 U.S. railroad sought to assure investors its turnaround would progress despite the unexpected medical leave of its chief executive officer.

Mergers, Acquisitions and Divestitures nytimes.com

Common Sense: The Disney-Fox Deal Has Friends in High Places

The Justice Department moved to block AT&T’s attempted acquisition of Time Warner. So why would it approve this $52.4 billion megadeal?

businessNews reuters.com

Disney buying Fox film, TV units for $52 billion in digital push

(Reuters) - Walt Disney Co has struck a deal to buy film, television and international businesses from Rupert Murdoch's Twenty-First Century Fox Inc for $52.4 billion in stock, giving the world's largest entertainment company an arsenal of shows and movies to combat growing digital rivals Netflix Inc and Amazon.com Inc.

businessNews reuters.com

Disney to buy Fox film, some TV businesses for $52 billion

(Reuters) - Walt Disney Co has struck a deal to buy film, television and international businesses from Rupert Murdoch's Twenty-First Century Fox Inc for $52.4 billion in stock as the world's largest entertainment company seeks even greater scale to combat growing digital rivals Netflix Inc and Amazon.com Inc.

businessNews reuters.com

Stock futures up, eyes on Disney-Fox deal, bank stocks

(Reuters) - Wall Street was set for a slightly higher open on Thursday as traders focused on a $52.4 billion stock deal between Walt Disney and Twenty-First Century Fox and gains in shares of big banks.

businessNews reuters.com

Disney to buy Fox film, TV businesses for $52 billion

(Reuters) - Walt Disney Co on Thursday agreed to buy film, TV and international assets from Rupert Murdoch's Twenty-First Century Fox Inc for $52.4 billion as Disney seeks greater scale to tackle growing competition from Netflix and Amazon.com.

cnn.com

The $52.4 billion deal for much of Rupert Murdoch's company could help Disney fend off digital rivals

technologyNews reuters.com

Deutsche Telekom, EWE to invest 2 billion euros in German fiber buildout

BERLIN (Reuters) - Deutsche Telekom is partnering with EWE AG [LANDWE.UL] to invest 2 billion euros ($2.4 billion) in building out a superfast glass-fiber broadband network in northwestern Germany, the companies said on Wednesday.

PersonalFinance reuters.com

Desjardins, credit union centrals, Cumis to form Aviso Wealth

(Reuters) - Canadian asset manager Desjardins Group is partnering with five credit union centrals and insurer Cumis Group to form a wealth management firm with about C$55 billion ($42.74 billion) in...

companyNews reuters.com

Saudi Aramco lifts spending plans to $414 bln over next decade

DAMMAM, Saudi Arabia, Dec 12 (Reuters) - Saudi Aramco plans to raise its spending to $414 billion over the next 10 years, including on infrastructure and drilling, as the state oil giant moves into new businesses, executives said.

businessNews reuters.com

Exclusive: South Africa's Steinhoff considers sale of PSG, KAP stakes to lift liquidity -sources

JOHANNESBURG/ FRANKFURT (Reuters) - South Africa's Steinhoff is considering selling stakes worth a combined $1.4 billion in local companies PSG Group and KAP Industrial to help plug a liquidity gap at the retailer, two sources familiar with the matter said.

businessNews reuters.com

Zurich Insurance to buy ANZ's life insurance businesses for $2.14 billion

ZURICH (Reuters) - Zurich Insurance has agreed to buy ANZ's OnePath Life insurance businesses for 2.85 billion Australian dollars ($2.14 billion), the latest and largest foray by the Swiss company into the Australian market.

companyNews reuters.com

BRIEF-FS Investments, EIG Global Energy Partners To Form Partnership

* FS INVESTMENTS AND EIG GLOBAL ENERGY PARTNERS TO FORM PARTNERSHIP TO MANAGE $4 BILLION FS ENERGY AND POWER FUND

environmentNews reuters.com

Kinder Morgan Canada wins Trans Mountain pipe expansion appeal

CALGARY, Alberta (Reuters) - Canada's energy regulator ruled on Thursday in favor of Kinder Morgan Canada Ltd's appeal to sidestep some municipal permits for its Trans Mountain pipeline expansion, a major victory for the C$7.4 billion ($5.8 billion) project.

environmentNews reuters.com

Kinder Morgan Canada wins appeal on Trans Mountain expansion

CALGARY, Alberta (Reuters) - Canada's energy regulator ruled on Thursday in favor of Kinder Morgan Canada Ltd in its appeal seeking to sidestep some municipal permits needed for the company's C$7.4 billion ($5.8 billion) Trans Mountain pipeline expansion.

companyNews reuters.com

UPDATE 1-Kinder Morgan Canada wins appeal on Trans Mountain expansion

CALGARY, Alberta, Dec 7 (Reuters) - Canada's energy regulator ruled on Thursday in favor of Kinder Morgan Canada Ltd in its appeal seeking to sidestep some municipal permits needed for the company's C$7.4 billion ($5.8 billion) Trans Mountain pipeline expansion.

companyNews reuters.com

BRIEF-Royal Caribbean Cruises Entered Into Agreement To Amend And Restate Current $1.4 Bln Unsecured Revolving Credit Facility

* ROYAL CARIBBEAN CRUISES LTD - ON DECEMBER 4, ENTERED INTO AN AGREEMENT TO AMEND AND RESTATE CURRENT $1.4 BILLION UNSECURED REVOLVING CREDIT FACILITY Source: (http://bit.ly/2jskPEL) Further company coverage:

businessNews reuters.com

U.S. urges judge to reject AT&T/Time Warner court date proposal

WASHINGTON (Reuters) - The U.S. government on Tuesday urged a federal judge to reject the February court date sought by AT&T and Time Warner in a dispute over the firms' proposed merger, arguing the companies are rushing to meet an April 22 closing deadline for their $85.4 billion deal.

companyNews reuters.com

CORRECTED-Kinder Morgan Canada down 2.4 pct after more potential pipe delay

CALGARY, Alberta, Dec 5 (Reuters) - Kinder Morgan Canada Ltd shares fell as much as 2.4 percent early on Tuesday, the day after the company said its C$7.4 billion ($5.8 billion) Trans Mountain pipeline expansion could miss the revised timetable of a September 2020 start.

businessNews reuters.com

Mastercard to repurchase up to $4 billion of its shares

(Reuters) - Payment processor Mastercard Inc said on Monday it would buy back up to $4 billion of its class A shares.

companyNews reuters.com

UPDATE 1-Vale to use cash flow to pay dividends, reduce debt -CEO

RIO DE JANEIRO, Dec 4 (Reuters) - Brazil's Vale, the world's top iron ore producer, will use cash flow, which could reach $14 billion or $15 billion this year, to cut debt and pay dividends, Chief Executive Officer Fabio Schvartsman said on Monday.

businessNews reuters.com

Ireland expects Apple back tax in escrow account in first quarter, 2018: minister

BRUSSELS (Reuters) - Ireland expects iPhone maker Apple to start paying up to 13 billion euros ($15.4 billion) in back taxes into an escrow account in the first quarter of 2018, the finance minister said on Monday.

businessNews reuters.com

Aviva to generate extra $4 billion of cash, planning payback, some M&A

LONDON (Reuters) - Aviva expects to generate an extra 3 billion pounds ($4 billion) in cash over the next two years and will make acquisitions as well as giving money back to shareholders, it said on Thursday, sending its share price to three-month highs.

businessNews reuters.com

Aviva to generate extra $4 billion, give more back to shareholders

LONDON (Reuters) - Aviva said on Thursday it expects to generate an extra 3 billion pounds ($4.04 billion) in cash over the next two years and will give more of it back to shareholders, sending shares in the British insurer higher.

businessNews reuters.com

Aviva to spend $4 billion in excess cash in next two years

LONDON (Reuters) - British insurer Aviva expects to spend 3 billion pounds in excess cash over the next two years, the bulk of it in 2018, the insurer said on Thursday.

businessNews reuters.com

AT&T CEO says blackout ban shows company willing to settle DOJ fight

(Reuters) - AT&T Inc's proposed seven-year ban on programming blackouts to distributors of some Time Warner Inc content shows that the company is willing to offer concessions to close its $85.4 billion bid for the programmer, AT&T's chief executive officer said on Wednesday.

companyNews reuters.com

UPDATE 1-AT&T CEO says blackout ban shows company willing to settle DOJ fight

Nov 29 (Reuters) - AT&T Inc's proposed seven-year ban on programming blackouts to distributors of some Time Warner Inc content shows that the company is willing to offer concessions to close its $85.4 billion bid for the programmer, AT&T's chief executive officer said on Wednesday.

companyNews reuters.com

UPDATE 1-S.African state airline's losses set to widen, CFO says

CAPE TOWN, Nov 29 (Reuters) - Losses at South African Airways (SAA) are set to widen to 4 billion rand ($292.86 million) in 2017/18 from a previous estimate of 2.8 billion, the state airline's chief financial officer said, piling further pressure on government finances.

companyNews reuters.com

Spain's BBVA sells 80 pct of real estate business for 4 bln euros

MADRID, Nov 29 (Reuters) - Spain's BBVA said on Wednesday it had agreed to sell 80 percent of its real estate business to U.S. fund Cerberus for 4 billion euros ($5 billion), one of the largest such deals as investor enthusiasm for Spanish property returns.

businessNews reuters.com

AT&T and Time Warner say proposed merger is 'pro-consumer'

WASHINGTON (Reuters) - AT&T Inc and Time Warner Inc argued on Tuesday that their proposed $85.4 billion merger was "pro-competitive" and "pro-consumer", as they sought to refute U.S. Justice Department allegations that the deal breaks antitrust law.

businessNews reuters.com

Arby's owner Roark gobbles up Buffalo Wild Wings for $2.4 billion

(Reuters) - Arby's owner Roark Capital Group said on Tuesday it would buy Buffalo Wild Wings Inc for $2.4 billion, adding to its growing portfolio of U.S. restaurants after a bruising proxy fight over the direction of the chicken wing chain.

businessNews reuters.com

Arby's restaurant owner to buy Buffalo Wild Wings for $2.4 billion

(Reuters) - Arby's restaurant owner Roark Capital Group will buy Buffalo Wild Wings Inc for $2.4 billion, months after an activist investor won seats on the chicken wing restaurant's board following a proxy fight demanding management change.

businessNews reuters.com

Arby's owner Roark to buy Buffalo Wild Wings for $2.4 billion

(Reuters) - Arby's restaurant owner Roark Capital Group will buy Buffalo Wild Wings Inc for $2.4 billion, months after an activist investor won seats on the restaurant's board following a bitter proxy fight.

companyNews reuters.com

Springer Nature asks JP Morgan, Morgan Stanley to organise IPO - sources

FRANKFURT, Nov 27 (Reuters) - SpringerNature, the publisher of science magazines Nature and Scientific American, has asked JP Morgan and Morgan Stanley to organise its potential 4 billion euro ($4.8 billion) 2018 stock market listing, people close to the matter said.

businessNews reuters.com

Meredith to buy U.S. publisher Time in Koch-backed deal

(Reuters) - U.S. media company Meredith Corp said on Sunday it will buy Time Inc, the publisher of People, Sports Illustrated and Fortune magazines, in a $1.84 billion all-cash deal backed by conservative billionaire brothers Charles and David Koch.

companyNews reuters.com

UPDATE 1-U.S.-based stock ETFs attract $9.4 bln of inflows in latest week -Lipper

(Adds analyst quote on ETF vs active mutual fund flows, byline) By Jennifer Ablan NEW YORK, Nov 24 (Reuters) - Investors poured $9.4 billion into U.S.-based stock exchange-traded funds (ETFs) in the week ended Wednesday, the group's eighth consecutive week of inflows, against a backdrop of record closing highs on major markets, Lipper data showed on Friday. Retail investors, however, yanked money out of U.S.-based stock mutual funds, pulling $3.5 billion during the same period, cont

companyNews reuters.com

U.S.-based stock ETFs attract $9.4 bln of inflows in latest week -Lipper

NEW YORK, Nov 24 (Reuters) - Investors poured $9.4 billion into U.S.-based stock ETFs in the week ended Wednesday, the group's eighth consecutive week of inflows, against the backdrop of record closing highs on major markets, Lipper data showed on Friday.

businessNews reuters.com

China's Okay Airways orders five Boeing 787-9 Dreamliners for $1.4 billion

BEIJING (Reuters) - Boeing and Okay Airways, China's first privately owned airline, have finalised an order for five 787-9 Dreamliners for $1.4 billion, Boeing said on Thursday.

companyNews reuters.com

China's Okay Airways orders five Boeing 787-9 Dreamliners for $1.4 bln

BEIJING, Nov 23 (Reuters) - Boeing and Okay Airways, China's first privately owned airline, have finalised an order for five 787-9 Dreamliners for $1.4 billion, Boeing said on Thursday.

healthNews reuters.com

Opioid crisis cost U.S. economy $504 billion in 2015: White House

WASHINGTON (Reuters) - Opioid drug abuse, which has ravaged parts of the United States in recent years, cost the economy as much as $504 billion in 2015, White House economists said in a report made public on Sunday.

companyNews reuters.com

UPDATE 2-AT&T lawyer says U.S. effort to stop Time Warner deal 'foolish' -CNBC

Nov 21 (Reuters) - The U.S. Department of Justice's move to block AT&T Inc's $85.4 billion acquisition of Time Warner Inc was "foolish" because the deal posed no threat to consumers, the wireless carrier's trial lawyer Dan Petrocelli told CNBC on Tuesday.

politicsNews reuters.com

Doubts linger after Florida's Scott pitches biggest budget

NEW YORK (Reuters) - After deep cuts in spending for Florida schools and other public programs following the Great Recession, outgoing Republican Governor Rick Scott this month proposed an $87.4 billion budget he says boosts spending on some depleted services to record levels.

companyNews reuters.com

UPDATE 1-AT&T lawyer says U.S. effort to stop Time Warner deal 'foolish' -CNBC

Nov 21 (Reuters) - The U.S. Department of Justice's move to block AT&T Inc's $85.4 billion acquisition of Time Warner Inc was "foolish" because the deal posed no threat to consumers, the wireless carrier's trial lawyer Dan Petrocelli told CNBC on Tuesday.

companyNews reuters.com

AT&T lawyer calls DoJ move to block Time Warner deal "foolish" - CNBC

Nov 21 (Reuters) - The United States Justice Department's argument to block AT&T Inc's $85.4 billion acquisition of Time Warner Inc was "foolish" as the deal posed no threat to consumers, the wireless carrier's lawyer Dan Petrocelli told CNBC on Tuesday.

businessNews reuters.com

Law likely on AT&T's side in Time Warner battle: analysts

(Reuters) - AT&T Inc is likely to emerge victorious from a legal fight with the United States Department of Justice over its $85.4 billion acquisition of Time Warner Inc, analysts said in a series of research notes on Tuesday.

companyNews reuters.com

UPDATE 6-U.S. sues to stop AT&T buying Time Warner, says would hike rates

WASHINGTON, Nov 20 (Reuters) - The U.S. Department of Justice sued AT&T Inc on Monday to block its $85.4 billion acquisition of Time Warner Inc, saying the deal could raise prices for rivals and pay-TV subscribers while hampering the development of online video.

businessNews reuters.com

U.S. sues to stop AT&T buying Time Warner, says would hike rates

WASHINGTON (Reuters) - The U.S. Department of Justice sued AT&T Inc on Monday to block its $85.4 billion acquisition of Time Warner Inc , saying the deal could raise prices for rivals and pay-TV subscribers while hampering the development of online video.

companyNews reuters.com

UPDATE 5-U.S. sues to stop AT&T buying Time Warner, says would hike rates

WASHINGTON, Nov 20 (Reuters) - The U.S. Department of Justice sued AT&T Inc on Monday to block its $85.4 billion acquisition of Time Warner Inc, saying the deal could raise prices for rivals and pay-TV subscribers while hampering the development of online video.

companyNews reuters.com

AT&T ready for trial on Justice Dept lawsuit -lead counsel

NEW YORK, Nov 20 (Reuters) - AT&T Inc is prepared to go to trial as soon as possible, ideally within 60 days, after the U.S. Department of Justice sued the company to block its $85.4 billion acquisition of Time Warner Inc, the lead trial counsel representing the company said on Monday.

businessNews reuters.com

U.S. sues to block AT&T purchase of Time Warner

WASHINGTON (Reuters) - The U.S. Department of Justice sued AT&T Inc on Monday to block its $85.4 billion acquisition of Time Warner Inc , saying the deal could raise prices for rivals and pay-TV subscribers.

businessNews reuters.com

U.S. sues to block AT&T purchase of Time Warner: source

WASHINGTON (Reuters) - The U.S. Department of Justice will sue AT&T Inc later on Monday to block its $85.4 billion acquisition of Time Warner Inc , a source familiar with the matter told Reuters.

businessNews reuters.com

U.S. to sue to stop AT&T from buying Time Warner: source

WASHINGTON (Reuters) - The U.S. Department of Justice will file a lawsuit aimed at blocking AT&T Inc's $85.4 billion acquisition of Time Warner Inc , a source familiar with the matter told Reuters on Monday.

companyNews reuters.com

US to sue to stop AT&T from buying Time Warner - source

WASHINGTON, Nov 20 (Reuters) - The U.S. Department of Justice will file a lawsuit aimed at blocking AT&T Inc's $85.4 billion acquisition of Time Warner Inc, a source familiar with the matter told Reuters on Monday.

companyNews reuters.com

BRIEF-BITAUTO Q3 NON-GAAP DILUTED NET INCOME PER ADS RMB1.56

* Q3 REVENUE RMB 2.34 BILLION VERSUS I/B/E/S VIEW RMB 2.21 BILLION

technologyNews reuters.com

Toshiba gains breathing room with $5.4 billion share issue to overseas investors

TOKYO/HONG KONG (Reuters) - Toshiba Corp's planned $5.4 billion new share issue to overseas investors is set to provide it with most of the funds it needs to avoid a delisting - a quickly arranged deal that underscores both the weakness of its finances and the allure of its chips unit.

technologyNews reuters.com

Toshiba $5 billion stock issue results in huge dilution but delisting risk removed

TOKYO (Reuters) - Toshiba Corp's plan to raise some $5.4 billion through a sale of new shares will help it avoid a delisting, but will also see more 30 overseas investors, including activist funds, own 35 percent of the embattled conglomerate.

businessNews reuters.com

Alibaba goes offline with $2.9 billion stake in China's top grocer

BEIJING (Reuters) - Internet giant Alibaba Group Holding Ltd said on Monday it would invest HK$22.4 billion ($2.87 billion) for a major stake in China's top hypermart operator, Sun Art Retail Group Ltd , part of a wider push into offline retail.

businessNews reuters.com

Alibaba to buy 36.2 percent Sun Art for $2.9 billion

HONG KONG (Reuters) - Internet giant Alibaba Group Holding Ltd said on Monday it would buy an aggregate direct and indirect stake of 36.16 percent in China's top hypermarket operator, Sun Art Retail Group Ltd , for a total HK$22.4 billion ($2.9 billion).

companyNews reuters.com

UPDATE 1-Alibaba to buy 36.2 pct Sun Art for $2.9 bln

HONG KONG, Nov 20 (Reuters) - Internet giant Alibaba Group Holding Ltd said on Monday it would buy an aggregate direct and indirect stake of 36.16 percent in China's top hypermarket operator, Sun Art Retail Group Ltd, for a total HK$22.4 billion ($2.9 billion).

technologyNews reuters.com

Toshiba shares drop after plan to issue $5.4 billion in new shares

TOKYO (Reuters) - Shares of Toshiba Corp fell nearly 5 percent early on Monday, a day after the troubled conglomerate said it would raise 600 billion yen ($5.4 billion) from a sale of new shares in a key step that would allow it to stay publicly traded.

companyNews reuters.com

Alibaba to buy 36.2 pct Sun Art for $2.9 bln

HONG KONG, Nov 20 (Reuters) - Internet giant Alibaba Group Holding Ltd said it would buy an aggregate direct and indirect stake of 36.16 percent stake in China's top hypermarket operator, Sun Art Retail Group Ltd, for a total HK$22.4 billion ($2.9 billion).

environmentNews reuters.com

White House seeks $44 billion hurricane aid, far short of requests

WASHINGTON (Reuters) - The White House on Friday said it had asked Congress for $44 billion in supplemental disaster assistance to help those hurt by recent hurricanes that hit Puerto Rico, Texas, Florida and the U.S. Virgin Islands, far short of the aid some officials have called for.

United States Politics and Government nytimes.com

White House Requests $44 Billion in Additional Disaster Relief

The Trump administration said lawmakers should make spending cuts to offset the disaster spending, a request that a top Democrat immediately denounced.

environmentNews reuters.com

White House seeks $44 billion in hurricane aid from U.S. Congress

WASHINGTON (Reuters) - The White House on Friday said it had asked Congress for $44 billion in supplemental disaster assistance to help those affected by the recent hurricanes that hit Puerto Rico, Texas, Florida and the U.S. Virgin Islands.

businessNews reuters.com

Volkswagen accelerates push into electric cars with $40 billion spending plan

WOLFSBURG/HAMBURG (Reuters) - Volkswagen approved a 34 billion euro ($40 bln) spending plan on Friday that accelerates its efforts to become a global leader in electric cars.

environmentNews reuters.com

White House seeks another $44 billion in hurricane aid

WASHINGTON (Reuters) - The White House said on Friday it had it asked Congress for $44 billion in supplemental disaster assistance to help those affected by recent hurricanes that hit Puerto Rico, Texas, Florida and the Virgin Islands.

companyNews reuters.com

UPDATE 2-U.S. junk bond funds post 4th-biggest week of outflows ever -Lipper

(Adds details on mutual funds and ETFs, table) By Trevor Hunnicutt NEW YORK, Nov 16 (Reuters) - U.S. fund investors walloped high-yield funds with their biggest week of withdrawals since March, Lipper data showed on Thursday. The junk bond mutual funds and exchange-traded funds (ETFs) posted $4.4 billion in net withdrawals during the week ended Nov. 15, the fourth-largest weekly outflow on record dating back to 1992. Several concerns weighed on high-yield markets during the week

companyNews reuters.com

AT&T continues to believe Time Warner deal will close - CFO

NEW YORK, Nov 16 (Reuters) - AT&T Inc still thinks its $85.4 billion deal to buy media and entertainment company Time Warner Inc will close, its chief financial officer said on Thursday.

companyNews reuters.com

UPDATE 1-Australia's Santos target of proposed investor takeover bid-report

SYDNEY, Nov 16 (Reuters) - A consortium of global energy investors has approached Australian oil and gas major Santos Ltd with a proposal for an all-cash takeover worth A$11 billion ($8.34 billion), media reported on Thursday.

businessNews reuters.com

U.S. government approaches 18 states to fight AT&T-Time Warner deal

WASHINGTON (Reuters) - The U.S. Justice Department has approached 18 state attorneys general to try to win their support for an antitrust lawsuit to block pay TV and wireless powerhouse AT&T Inc's $85.4 billion deal to buy media and entertainment company Time Warner Inc, a person briefed on the matter said on Wednesday.

companyNews reuters.com

Australia's Santos target of proposed investor takeover bid-report

SYDNEY, Nov 16 (Reuters) - A consortium of global energy investors has approached Australian oil and gas major Santos Ltd with a proposal for an all-cash takeover worth A$11 billion ($8.34 billion), media reported on Thursday.

companyNews reuters.com

UPDATE 2-U.S. Justice Dept. approaches states to block AT&T-Time Warner deal -source

WASHINGTON, Nov 15 (Reuters) - The U.S. Justice Department has approached state attorneys general to try to win their support for a bid to block telecommunications powerhouse AT&T Inc's $85.4 billion deal to buy media and entertainment company Time Warner Inc, a person briefed on the matter told Reuters on Wednesday.

businessNews reuters.com

Justice Department approaches states to block AT&T-Time Warner deal: source

WASHINGTON (Reuters) - The U.S. Justice Department has approached state attorneys general in a bid to block telecommunications powerhouse AT&T Inc's $85.4 billion deal to buy media and entertainment company Time Warner Inc, a person briefed on the matter told Reuters on Wednesday.

companyNews reuters.com

UPDATE 1-U.S. Justice Dept. approaches states to block AT&T-Time Warner deal -source

WASHINGTON, Nov 15 (Reuters) - The U.S. Justice Department has approached state attorneys general in a bid to block telecommunications powerhouse AT&T Inc's $85.4 billion deal to buy media and entertainment company Time Warner Inc , a person briefed on the matter told Reuters on Wednesday.

domesticNews reuters.com

Court adjourns appeal hearing for U.S. extradition of Russian cyber crime suspect

ATHENS (Reuters) - Greece's Supreme Court adjourned an appeal hearing on Wednesday for the extradition to the United States of a Russian suspected of masterminding a $4 billion bitcoin laundering ring.

companyNews reuters.com

BRIEF-Yirendai Q3 revenue rose 73 pct to RMB 1.514 billion

* Yirendai Ltd - sees full year 2017 ‍total net revenue will be in range of RMB 5,200 million to RMB 5,300 million​

businessNews reuters.com

Sessions refuses to say if White House asked about AT&T-Time Warner merger

WASHINGTON (Reuters) - U.S. Attorney General Jeff Sessions on Tuesday declined to answer when asked if any White House officials contacted the Justice Department to discuss the government's review of AT&T Inc's proposed $85.4 billion acquisition of Time Warner Inc .

businessNews reuters.com

Sessions will not answer if White House asked about AT&T Time Warner merger

WASHINGTON (Reuters) - U.S. Attorney General Jeff Sessions declined on Tuesday to answer if any White House officials contacted the Justice Department to discuss the government's review of AT&T Inc's proposed $85.4 billion acquisition of Time Warner Inc .

companyNews reuters.com

Bradesco expects Brazilian companies to raise up to $4.5 billion by year-end

NEW YORK, Nov 14 (Reuters) - Brazil's Banco Bradesco SA expects Brazilian companies to raise up to 15 billion reais ($4.54 billion) in new share offerings by year-end, executive director Renato Ejnisman said on Tuesday.

topNews reuters.com

Puerto Rico requests $94.4 billion from U.S. Congress for rebuilding

NEW YORK (Reuters) - Puerto Rico Governor Ricardo Rossello on Monday requested $94.4 billion from Congress to rebuild the island's infrastructure, housing, schools and hospitals devastated by Hurricane Maria.

businessNews reuters.com

Volkswagen's truck brand MAN spends $2.8 billion to upgrade plants

MUNICH (Reuters) - Volkswagen's heavy-trucks brand MAN said it will spend more than 2.4 billion euros ($2.8 billion) through 2020 on upgrading plants in Europe, Asia and Africa as part of efforts to overhaul production and boost profit.

companyNews reuters.com

China's JD.com, Alibaba rival, reports $19.1 billion in shopping event sales

BEIJING, Nov 12 (Reuters) - JD.com, China's e-commerce behemoth, said on Sunday that sales for Singles' Day - and its run-up - reached 127.1 billion yuan ($19.14 billion), up 50 percent from a year ago.

technologyNews reuters.com

China shopping festival smashes record with $25 billion haul

SHANGHAI (Reuters) - Alibaba , the Chinese e-commerce giant, said on Saturday its Singles' Day sales extravaganza hit $25.4 billion, smashing its own record from last year and cementing it as the world's biggest shopping event.

businessNews reuters.com

AT&T armed for fight with U.S. on Time Warner deal: CEO

WASHINGTON/NEW YORK (Reuters) - AT&T Inc will not sell cable network CNN to win antitrust approval of its proposed $85.4 billion purchase of media company Time Warner Inc and will fight the government in court if the two sides cannot reach an agreement, the wireless company's chief executive said on Thursday.

businessNews reuters.com

AT&T ready to fight U.S. on Time Warner deal: CEO

WASHINGTON/NEW YORK (Reuters) - AT&T Inc will not sell cable network CNN to win antitrust approval of its proposed $85.4 billion purchase of media company Time Warner Inc and will fight the government in court if a negotiated settlement is not reached, the wireless company's chief executive said on Thursday.

companyNews reuters.com

UPDATE 3-AT&T ready to fight U.S. on Time Warner deal -CEO

WASHINGTON/NEW YORK Nov 9 (Reuters) - AT&T Inc will not sell cable network CNN to win antitrust approval of its proposed $85.4 billion purchase of media company Time Warner Inc and will fight the government in court if a negotiated settlement is not reached, the wireless company's chief executive said on Thursday.

businessNews reuters.com

U.S. worried AT&T buying Time Warner would hike costs for media rivals: source

WASHINGTON (Reuters) - The U.S. Justice Department is concerned that AT&T Inc's proposed $85.4 billion acquisition of Time Warner Inc would raise costs for rival entertainment distributors, a source familiar with the matter told Reuters on Thursday.

companyNews reuters.com

BRIEF-Telus reports Q3 basic earnings per share C$0.62

* Q3 revenue C$3.4 billion versus I/B/E/S view C$3.38 billion

companyNews reuters.com

UPDATE 2-AIRSHOW-Airbus nears deal to sell over 30 A380s -sources

PARIS/DUBAI, Nov 9 (Reuters) - Airbus is close to a deal worth at least $14 billion to sell over 30 of its A380 jetliners to Dubai's Emirates to seek to secure production of its struggling superjumbo until the middle of next decade, two people familiar with the matter said.

Mergers, Acquisitions and Divestitures nytimes.com

U.S. Said to Seek Sale of CNN or DirecTV in AT&T-Time Warner Deal

The demands from the Justice Department set up a potential battle over the fate of the pending $85.4 billion deal.

companyNews reuters.com

U.S. fund investors cool on domestic stocks -ICI

By Trevor Hunnicutt NEW YORK, Nov 8 (Reuters) - U.S. fund investors cooled on domestic stocks during the latest week, pulling the most cash from the market in four weeks, Investment Company Institute (ICI) data showed on Wednesday. Domestic stock fund flows sank to negative $5.5 billion during the week through Nov. 1, according to the trade group, as demand for equity exchange-traded funds (ETFs) petered out after two particularly strong weeks. Investors added $7.4 billion to tax

companyNews reuters.com

Sky says it could shut Sky News if Fox takeover blocked

LONDON, Nov 7 (Reuters) - British broadcaster Sky has said that it could shut down Sky News if its ownership of the channel proves to be an obstruction to the company's 11.7 billion-pound ($15.4 billion) takeover by Rupert Murdoch’s Twenty-First Century Fox.

technologyNews reuters.com

Exclusive: Avast owners hire Rothschild for $4 billion software IPO - sources

MADRID/LONDON (Reuters) - The owners of Avast Software have hired Rothschild to prepare the business for a share sale which could value one of the world's most used providers of computer antivirus software at as much as $4 billion, four sources familiar with the matter told Reuters.

technologyNews reuters.com

Exclusive: Avast owners hire Rothschild for $4 billion software float - sources

MADRID/LONDON (Reuters) - The owners of Avast Software, one of the world's most used pieces of computer antivirus software, have hired Rothschild to prepare the business for an initial public offering (IPO) which could value the firm at as much as $4 billion, four sources familiar with the matter told Reuters.

politicsNews reuters.com

Trump wants $4 billion more for missile defense, citing North Korea

WASHINGTON (Reuters) - President Donald Trump's administration asked Congress on Monday for $4 billion more to support missile defense to counter the threat from North Korea, just ahead of his first visit to South Korea since taking office in January.

technologyNews reuters.com

Chipmaker Marvell Technology in talks to buy Cavium: Wall Street Journal

(Reuters) - Marvell Technology Group Ltd is in advanced talks to buy Cavium Inc - a deal that would create a chipmaker worth about $14 billion, Wall Street Journal reported.

companyNews reuters.com

Chipmaker Marvell Technology in talks to buy Cavium - WSJ

Nov 3 (Reuters) - Marvell Technology Group Ltd is in advanced talks to buy Cavium Inc - a deal that would create a chipmaker worth about $14 billion, Wall Street Journal reported.