Vodafone to pay $21.8 billion for Liberty assets to strengthen European presence
LONDON (Reuters) – Vodafone has agreed to pay $21.8 billion to buy Liberty Global’s assets in Germany, the Czech Republic, Hungary and Romania to take on rivals with a broader offer of superfast cable TV, broadband and mobile.
Vodafone seals $23 billion deal to buy Liberty Global assets: WSJ
LONDON (Reuters) – Vodafone Group has agreed to a nearly $23 billion deal to buy operations in four European countries from John Malone’s Liberty Global, the Wall Street Journal said on Wednesday, citing Liberty CEO Mike Fries.
French carmaker PSA hopes EU will take common position regarding Iran
PARIS (Reuters) – French carmaker and Peugeot-manufacturer PSA said on Wednesday that it hoped the European Union would adopt a common position on Iran, following U.S President Donald Trump’s decision to pull the U.S. out of a nuclear deal with Iran.
Toyota flags lower annual operating profit on higher yen
TOKYO (Reuters) – Toyota Motor Corp on Wednesday forecast a 4.2 percent slide in operating profit for the current financial year, as it expects a stronger yen to offset slightly higher global vehicle sales and cost reductions.
Japan’s Recruit to buy Glassdoor for $1.2 billion in overseas push
TOKYO (Reuters) – HR services provider Recruit Holdings Co has agreed to buy Glassdoor Inc for $1.2 billion, in a deal that will give the Japanese firm access to the U.S. job-website operator’s vast database of company reviews and salary data.
Hot U.S. jobs market spurs push to reach those left behind
CLEVELAND (Reuters) – In Cleveland, a new road meant to cut commute times between the suburbs and a downtown medical hub has been redesigned as an “Opportunity Corridor” to bring businesses and jobs to poor neighborhoods along its way.
South Korean prosecutors raid LG’s head office in tax probe
SEOUL (Reuters) – South Korean prosecutors have raided LG Group’s head office as part of a probe into alleged tax evasion by family members controlling the conglomerate, the prosecutors’ office said on Wednesday.
Toyota sees lower annual operating profit on higher yen
TOKYO (Reuters) – Toyota Motor Corp on Wednesday forecast a 4.2 percent slide in operating profit for the current financial year, as it expects a stronger yen to offset slightly higher global vehicle sales and cost reductions.
AIG shareholders set to vote on pay package for new CEO
NEW YORK (Reuters) – American International Group Inc faces an uphill climb to convince shareholders to approve a $43.1 million pay package for Chief Executive Officer Brian Duperreault during the company’s annual meeting on Wednesday.
Oil soars, shares rattled as Trump dumps Iran nuclear deal
TOKYO (Reuters) – Crude oil prices jumped back to near 3-1/2-year highs on Wednesday after President Donald Trump pulled the United States out of an international nuclear deal with Iran, sparking worries about fresh tension in the Middle East and globa…
