AT&T-Time Warner may signal start of new media industry consolidation
WASHINGTON/NEW YORK (Reuters) – The tie-up of AT&T Inc and Time Warner Inc , bringing together one of the country’s largest wireless and pay TV providers and cable networks like HBO, CNN and TBS, could kick off a new round of industry consolidation amid massive changes in how people watch TV.
Saudi Arabia looks to Russia to boost non-OPEC cooperation
RIYADH (Reuters) – Saudi Arabia’s Energy Minister Khalid al-Falih said on Sunday he had invited his Russian counterpart Alexander Novak to meet Gulf Arab energy ministers in Riyadh as part of efforts to cooperate with non-OPEC members to stabilize the …
Senate committee on antitrust to ‘carefully examine’ AT&T-Time Warner deal
WASHINGTON (Reuters) – An acquisition of Time Warner Inc by AT&T Inc. could raise significant antitrust issues that the U.S. Senate committee on antitrust would carefully examine, the chairman and ranking member of the committee said Sunday.
GM to add SUV production line at China JV in 2017: Xinhua
BEIJING (Reuters) – General Motors Co plans to launch a new SUV production line at its joint venture factory in the Chinese central city of Wuhan during the first half of 2017, the official Xinhua News Agency reported on Sunday, citing company sources…
Italy’s front line in fight to save banks: a storage room
MILAN (Reuters) – Storage rooms crammed with loan documents have emerged as a hidden front line in Italy’s battle to save its banks from the threat of financial crisis.
AT&T to pay $85 billion for Time Warner, create telecom-media giant
NEW YORK (Reuters) – AT&T Inc said on Saturday it agreed to buy Time Warner Inc for $85.4 billion, the boldest move yet by a telecommunications company to acquire content to stream over its network to attract a growing number of online viewers.
In insurance Big Data could lower rates for optimistic tweeters
ZURICH (Reuters) – When people take to Twitter to comment on the great evening they enjoyed with good food and wonderful friends, reducing their monthly insurance bill is probably the last thing on their mind.
Exclusive: Goldman Sachs’ Latam investment bank chief to leave – source
MEXICO CITY/NEW YORK (Reuters) – Martin Werner, co-head of Goldman Sachs’ investment banking business in Latin America, will depart the Wall Street bank at the end of this year, according to a person familiar with the situation.
Venezuela’s Maduro says oil producers close to output cap deal
BAKU/DUBAI (Reuters) – Venezuelan President Nicolas Maduro was quoted on Saturday as saying that OPEC and non-OPEC nations were “very close” to an agreement on oil production curbs, Azerbaijan’s state news agency Azertag reported.
AT&T reaches deal to buy Time Warner for more than $80 billion: WSJ
(Reuters) – AT&T Inc reached a deal to buy media company Time Warner Inc for more than $80 billion, The Wall Street Journal reported on Saturday.
