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Media Publishing

  • --In March 2016, agreed to raise its stake in the Cezch-Slovak J&T Finance Group to 50 percent from 9.9 percent for 980 mln euros. --CEFC increased its 10% stake in airline Travel Service to 49.92% last year to develop aviation links around Europe, including serving Chinese visitors coming to Prague and then on to other European destinations. --Owns the Mandarin...

  • BEIJING/ PRAGUE, Jan 13- Inside four years, CEFC China Energy has emerged from relative obscurity as a niche fuel trader to become a rapidly growing oil and finance conglomerate with assets across the world and an ambition to become one of China's energy giants. It has a rare contract to store part of the nation's strategic oil reserve, gained financing from the...

  • A German edition of Adolf Hitler's 'Mein Kampf' (My Struggle) is pictured at the Berlin Central and Regional Library (Zentrale Landesbibliothek, ZLB) in Berlin on December 7, 2015.

    Publisher spent years adding comments to Hitler's original text in an effort to highlight his propaganda and mistakes.

  • NEW YORK, Dec 28- Presidential politics and celebrity interviews helped The New York Times Co surpass 100 million views for its Facebook Live videos, the company said on Wednesday. The Wall Street Journal also reported that The New York Times was being paid around $3 million for the one-year period. A New York Times spokeswoman declined to comment on any...

  • MEDIA- CHINA SEEKS TO CURB BROKERAGE INVESTMENT IN OVERHEATED. --China has proposed suspending registration of private equity asset management plans for securities and futures brokerages if the money is used to lend to property developers, illegally funding downpayments to buy property, a state-owned newspaper said on Tuesday. The proposal would apply to...

  • Saudi Arabia is the only country where women are forbidden to drive, making it harder for them to get to work. Mohammad Bajbair, a senior health official in the Red Sea commercial hub of Jeddah, told the Saudi Gazette that women could work in opticians' shops as long as they do not mix with men. Out of 144 nations, only Iran, Yemen and Syria place lower than Saudi Arabia in a...

  • PRAGUE, Dec 10- Czech Prime Minister Bohuslav Sobotka said in an inteview published on Saturday his party should seek a "tax revolution" focusing mainly on progressive taxation for both individuals and companies. Any such change is possible only after the next general election, scheduled for October 2017. Sobotka's Social Democrats have come second in most of...

  • Dec 8- Time Inc, the publisher of Time, People and Fortune magazines, has tapped Morgan Stanley and Bank of America Corp to help field takeover or partnership interest, the Wall Street Journal reported. The media company rejected a takeover bid from billionaire investor Edgar Bronfman Jr, the New York Post reported last month. Bronfman, former CEO of Warner Music...

  • Dec 8- Time Inc, the publisher of Time, People and Fortune magazines, has tapped Morgan Stanley and Bank of America Corp to help field takeover or partnership interest, the Wall Street Journal reported. The media company rejected a takeover bid from billionaire investor Edgar Bronfman Jr, the New York Post reported last month. Bronfman, former CEO of Warner Music...

  • Dec 8- Time Inc, the publisher of Time, People and Fortune magazines, has tapped Morgan Stanley and Bank of America Corp to help find potential buyers or partners, the Wall Street Journal reported. The media company rejected a takeover bid from billionaire investor Edgar Bronfman Jr, the New York Post reported last month. Bronfman, former CEO of Warner Music Group,...

  • BRUSSELS, Nov 30- An EU court on Wednesday upheld sanctions imposed on Arkady Rotenberg, a close ally and former judo partner of Russian President Vladimir Putin whose company won a contract to build a bridge linking the Russian mainland with annexed Crimea. Rotenberg had appealed against the asset freeze and travel ban the EU imposed on him as part of a package...

  • TAIPEI, Nov 29- A group led by a former Taiwanese aviation regulatory official is seeking to take over TransAsia Airways Corp which last week said it would wind down operations, local newspaper Apple said in its online edition. Failing to recover from two plane crashes in almost three years, Taiwan's third-largest carrier said it had no choice but to seek to...

  • Nov 28- Time Inc, the publisher of Time, People and Fortune magazines, has rejected a takeover bid from billionaire investor Edgar Bronfman Jr., the New York Post reported on Monday. Bronfman, who is a managing partner of private equity firm Accretive LLC, made the bid along with Russian-born billionaire Leonard Blavatnik, the founder of holding company Access...

  • Nov 28- Time Inc, the publisher of Time, People and Fortune magazines, has rejected a takeover bid from billionaire investor Edgar Bronfman Jr., the New York Post reported on Monday. Bronfman, who is a managing partner of private equity firm Accretive LLC, made the bid along with Russian-born billionaire Leonard Blavatnik, the founder of holding company Access...

  • Nov 28- Time Inc, the publisher of People and Fortune magazines, has rejected a takeover bid from billionaire investor Edgar Bronfman Jr., the New York Post reported on Monday. Bronfman Jr. offered $18 per share, the Post reported, valuing Time Inc at $1.78 billion. New York- based Time Inc could not immediately be reached for comment.

  • Ownership change won’t make a big difference: Moleskine CEO

    Moleskine CEO, Arrigo Berni, says Belgian distribution firm D'Ieteren is investing in Moleskine as it believes in the manufacturer’s growth prospects.

  • "Concerns about a' sell-off of Germany' are completely unfounded," Liu told Germany's Handelsblatt newspaper days after news that U.S. authorities had recommended blocking the sale of German chip equipment maker Aixtron by China's Fujian Grand Chip Investment Fund. Liu said China would continue to encourage its firms to invest in Germany despite the U.S....

  • J.K. Rowling

    At a time of bitter disputes over rising income inequality, no one seems to resent the author’s runaway success, the New York Times reports.

  • BERLIN, Nov 24- The German Finance Ministry's controversial idea to sell a stake of just under 50 percent in a planned organisation to manage the country's motorways to enable more efficient infrastructure development has been shelved, a newspaper reported on Thursday. Sueddeutsche Zeitung said German Finance Minister Wolfgang Schaeuble, Economy...

  • BERLIN, Nov 24- The German Finance Ministry's controversial idea to sell a stake of just under 50 percent in a planned organization to manage the country's motorways to enable more efficient infrastructure development has been shelved, a newspaper reported on Thursday. Sueddeutsche Zeitung said German Finance Minister Wolfgang Schaeuble, Economy...