Exclusive: T-Mobile, Sprint close to agreeing on deal terms – sources
(Reuters) – T-Mobile US Inc is close to agreeing tentative terms on a deal to merge with Sprint Corp , people familiar with the matter said on Friday, a major breakthrough in efforts to merge the third and fourth largest U.S. wireless carriers.
Time Inc says in talks to sell several assets
(Reuters) – Magazine publisher Time Inc said it was looking to sell several assets, including Time Inc UK, Time Customer Service and a majority stake in the Essence magazine.
Uber stripped of London license
LONDON (Reuters) – London stripped Uber [UBER.UL] on Friday of its license to operate from the end of September in a huge blow to the taxi app that will affect more than 40,000 drivers in one of the world’s biggest cities.
Without U.S., 11 nations in TPP inch closer to a deal
TOKYO (Reuters) – The 11 nations remaining in the Trans-Pacific Partnership after the United States withdrew have inched closer to a comprehensive deal, offering hope that major countries can maintain free trade in the face of U.S. protectionism, a neg…
South Africa’s business lobby group suspends KPMG over Gupta scandal
JOHANNESBURG (Reuters) – A South African business lobby group suspended KPMG [KPMG.UL] from membership on Friday, citing the “gravity” of its conduct over the auditor’s work for business friends of President Jacob Zuma.
GE nears sale of its industrial unit to ABB: Bloomberg
(Reuters) – General Electric Co is nearing a deal to sell its industrial solutions unit to Swiss engineering company ABB Ltd in a deal valued at $2.5 billion to $3 billion, Bloomberg reported, citing people with knowledge of the matter.
North Korea jitters ease as focus moves to Brexit speech
LONDON (Reuters) – Jitters over a fresh exchange of barbs between North Korea and the United States eased in Europe on Friday as strong economic data supported European stocks, and investors’ focus turned to a planned speech by Britain’s prime minister…
Uber stripped of its license to operate in London
LONDON (Reuters) – London’s transport regulator on Friday stripped Uber [UBER.UL] of its license to operate from the end of the month, affecting over 40,000 drivers in a huge blow to the taxi app.
Citigroup targets Belt and Road to boost China revenue
BEIJING (Reuters) – Citigroup Inc expects to boost its revenue growth in China by tapping into opportunities presented by Beijing’s Belt & Road initiative, the bank’s China chief said.
Boeing boosts Southeast Asia order forecast on strong demand
SINGAPORE (Reuters) – Boeing Co said on Friday it had increased its 20-year forecast for Southeast Asian demand by 460 aircraft, the largest jump of any global region, as low-cost carriers make travel more accessible.
