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Worldline’s $8.7 billion Ingenico deal to create European payments leader
- February, 2020
- marcus
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PARIS (Reuters) – Payments company Worldline agreed on Monday to buy French rival Ingenico INGC.PA in a 7.8 billion euro ($8.7 billion) deal, creating a European leader in a sector trying to…
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Tencent buys stake in Vivendi’s Universal Music
- December, 2019
- marcus
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The Chinese firm will own a stake in the music label that distributes tunes by Lady Gaga and The Beatles. Rising Temp The IFPI federation said in April that global…
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Tencent consortium to buy up to 20% of Universal Music in a deal that values the world’s largest music label at $34 billion
- December, 2019
- marcus
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A consortium led by Tencent agreed to buy up to 20% of Vivendi’s Universal Music in a deal that values the world’s largest music label at $34 billion. The agreement…
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Tencent gets into global groove with stake in Vivendi’s Universal
- December, 2019
- marcus
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RISING TEMPO The IFPI federation said in April that global recorded music revenues had risen 9.7% in 2019 from last year, while Universal was Vivendi’s main third quarter sales growth…
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Altice Europe to buy telecoms fiber company Covage for $1.1 billion
- November, 2019
- marcus
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PARIS (Reuters) – Debt-ridden telecoms and cable company Altice Europe (ATCA.AS) said it would acquire French fiber wholesale operator Covage for about 1 billion euros ($1.1 billion), expanding the range…
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US economy adds 128,000 jobs in October despite lengthy GM strike
- November, 2019
- marcus
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US employers added a solid 128,000 jobs in October, a figure that was held down by a now-settled strike against General Motors that caused several thousand workers to be temporarily…
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Brexit – Sterling Slump or Boris Bump?
- November, 2019
- marcus
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The B word. It has been a thorn in the side of the UK market and the UK (and likely even Global) citizen for nearly three years now. It has…
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Stronger-than-expected US jobs data boost stock markets – business live
- November, 2019
- marcus
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The dollar has shrugged off its earlier weakness and risen on the US jobs data – which means the pound has lost ground against the greenback, and is now flat…
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UPDATE 2-BNP Paribas takes Allfunds platform stake as fund managers cut costs
- October, 2019
- marcus
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PARIS/LONDON, Oct 21 (Reuters) – French bank BNP Paribas has obtained a 22.5% stake in wealth management platform Allfunds in the latest sign of asset managers looking to trim costs…
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EDF warns UK nuclear plant could cost extra 2.9 billion pounds, shares tumble
- September, 2019
- marcus
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PARIS (Reuters) – EDF warned on Wednesday that its Hinkley Point C nuclear plant in Britain could cost up to 2.9 billion pounds more than previously estimated, sending shares in…