LPC-Equinix doubles acquisition loan to €1 billion
LONDON (Reuters) – US data center operator Equinix has doubled the size of a leveraged loan it is raising to back its acquisition of data centers from Verizon Communications , increasing it to €1bn and tightening pricing following overwhelming investor demand, banking sources said on Wednesday.
Alaska Air completes Virgin America acquisition
(Reuters) – Alaska Air Group Inc said on Wednesday it completed its $2.6 billion acquisition of Virgin America Inc , more than eight months after it was first announced, to become the fifth-largest U.S. carrier.
Amazon launches Prime Video globally, leaves out China
(Reuters) – Amazon.com Inc launched its video-streaming service, Prime Video, in nearly every country except China on Wednesday, in its biggest challenge yet to Netflix Inc .
Uber, SpaceX/Tesla, and PepsiCo execs join Trump business council
WASHINGTON (Reuters) – Elon Musk, the chairman and chief executive of SpaceX and Tesla as well as Uber Technologies CEO and co-founder Travis Kalanick and PepsiCo Chairman and CEO Indra Nooyi have joined U.S. President-elect Donald Trump’s advisory cou…
OPEC signals larger 2017 oil surplus, unless cuts implemented
LONDON (Reuters) – OPEC on Wednesday signaled a growing oil supply surplus next year unless members implement their deal to curb output from record levels and outside producers also deliver on cutback pledges made at the weekend.
Exclusive: Maersk, DONG oil and gas merger talks stall over price – sources
COPENHAGEN/LONDON (Reuters) – Talks between shipping group A.P. Moller-Maersk and DONG Energy to merge their oil and gas business have stalled after the two Danish firms could not agree on a price, industry and banking sources said on Wednesday.
Google extends conservative outreach as Trump calls tech meeting
SAN FRANCISCO/WASHINGTON (Reuters) – Alphabet’s Google is racing to hire more conservatives for its lobbying and policy arm, trying to get a foothold in President-elect Donald Trump’s Washington after enjoying a uniquely close relationship with the administration of President Barack Obama.
Oil prices fall on rising U.S. crude stocks, OPEC output concerns
LONDON (Reuters) – Oil prices fell on Wednesday following a reported rise in U.S. crude inventories and an estimate that OPEC may have produced more crude in November than previously thought, potentially undermining a planned output cut.
China leaders convene for key economic meeting: Xinhua
BEIJING (Reuters) – China’s top leaders have started an annual meeting to map out economic and reform plans for 2017, state media reported on Wednesday.
Countdown to first Fed hike in a year under way, but focus shifting to 2017
LONDON (Reuters) – World stocks nudged lower, bond yields fell and a hush settled on the dollar, with investors certain the Federal Reserve will lift interest rates for the first time in a year on Wednesday but less so about what it may do in 2017.
