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…

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…

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…

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…

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…

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…

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…

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…

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…

Puma, the  German multinational athletic and casual footwear, apparel and accessories designer is the third largest sportswear manufacturer in the world. The strength and desirability of the PUMA brand is…