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Thursday, November 9, 2017

U.S., AT&T at odds over CNN in Time Warner deal

NEW YORK/WASHINGTON (Reuters) - U.S. antitrust regulators and AT&T Inc sparred on Wednesday over whether the wireless carrier would be required to sell Time Warner Inc's CNN cable network as a condition of approval of its deal to buy the media company.

Qualcomm signs $12 billion in China deals amid Trump visit

BEIJING (Reuters) - Qualcomm Inc has signed $12 billion worth of deals with three Chinese mobile handset makers on the sidelines of a state visit to Beijing by U.S. President Donald Trump.

China's Tencent takes 12 percent stake in Snap as shares plunge

(Reuters) - Snap Inc said on Wednesday that Chinese tech and media investment firm Tencent Holdings Ltd had taken a 12 percent stake in the company, a day after the owner of disappearing-messaging app Snapchat was punished by Wall Street for disappointing quarterly results.

Wisconsin board clears way for $3 billion Foxconn deal

(Reuters) - Wisconsin's economic development agency on Wednesday approved a $3 billion incentives package for Taiwan-based Foxconn to build a massive liquid-crystal display plant in the state, Governor Scott Walker said.

Japan's MUFG seeks $1.8 billion Bank Danamon stake in southeast Asia push: sources

TOKYO/SINGAPORE (Reuters) - Mitsubishi UFJ Financial Group (MUFG) is in talks to buy a 40 percent stake in Bank Danamon Indonesia for around 200 billion yen ($1.75 billion), a person with direct knowledge of the talks told Reuters on Thursday.

Saudi budget airline Flynas picks Morgan Stanley as pushes ahead with IPO: sources

DUBAI (Reuters) - Saudi budget airline Flynas, part owned by Saudi billionaire Prince Alwaleed Bin Talal's firm, is pressing ahead with an initial public offering and has selected Morgan Stanley to work on it, sources familiar with the matter told Reuters on Thursday.

InsingerGilissen to buy Lombard Odier's Dutch private banking ops

AMSTERDAM (Reuters) - Dutch bank InsingerGilissen said on Thursday it would buy Lombard Odier's Dutch private banking operations, with around 1 billion euros ($1.2 billion) of assets under management, for an undisclosed sum.

Thai Gulf Energy Development plans to raise up to $725 million in IPO

BANGKOK (Reuters) - Thai power producer Gulf Energy Development Pcl plans to raise up to 24 billion baht ($725.08 million) in an initial public offering (IPO) to help finance investment and repay debt.

U.S. lawmakers introduce bipartisan bills on foreign investment amid China worries

WASHINGTON (Reuters) - A bipartisan group of lawmakers in the U.S. Senate and House of Representatives introduced bills on Wednesday to toughen U.S. foreign investment rules amid growing concern about Chinese efforts to buy U.S. high-tech companies.

Peugeot speeds Opel technology shift to cut emissions

FRANKFURT/PARIS (Reuters) - Peugeot maker PSA Group vowed to move Opel/Vauxhall models onto its own technology faster than initially planned to improve their emissions performance and secure promised savings from its acquisition of the loss-making German carmaker.