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Leadership Business Events

  • CEO of the Walt Disney Company, Bob Iger

    A Disney-21st Century Fox deal could be "revolutionary" and some deals that were previously inconceivable may happen, Tuna Amobi said.

  • SAO PAULO/ BRASILIA, Nov 6- The head of Brazil's telecommunications watchdog, Anatel, demanded on Monday that debt-laden carrier Oi SA submit its latest restructuring proposal to the regulator before officially filing it with a bankruptcy court. Anatel head Juarez Quadros told reporters in Brasilia that the regulator, an Oi creditor due to billions of dollars...

  • Fox's shares jumped 9.9 percent to close at $27.45 on Nasdaq, and Disney shares climbed 2.0 percent to $100.64 on the New York Stock Exchange. It would not seek to buy Fox's sports programming assets for fear of running foul of antitrust laws with its own ESPN network, and also would not buy Fox News or Fox's broadcast network or local broadcasting affiliates, the...

  • Rupert Murdoch, center, with sons James Murdoch, (R) and Lachlan Murdoch.

    It's unclear what kind of company Fox becomes if a deal goes through, but it will still be a highly profitable media company for years to come, Wolff said.

  • SAO PAULO/ BRASILIA, Nov 6- The head of Brazil's telecommunications watchdog, Anatel, demanded on Monday that debt-laden carrier Oi SA submit its latest restructuring proposal to the regulator before officially filing it with a bankruptcy court. Anatel head Juarez Quadros told reporters in Brasilia that the regulator, an Oi creditor due to billions of dollars...

  • SAO PAULO/ BRASILIA, Nov 6- The head of Brazil's telecommunications watchdog, Anatel, demanded on Monday that debt-laden carrier Oi SA submit its latest restructuring proposal to the regulator before officially filing it with the bankruptcy court. Speaking to reporters, Anatel head Juarez Quadros said the new plan could create "operational risks" for the...

  • Nov 6- Rupert Murdoch's Twenty-First Century Fox film and television conglomerate has held talks to sell most of the company to media giant Walt Disney Co, CNBC reported on Monday, citing unidentified people familiar with the matter. It would not seek to buy Fox's sports programming assets for fear of running foul of antitrust laws with its own ESPN network, and...

  • Nov 6- Rupert Murdoch- controlled Twenty-First Century Fox has held talks to sell most of the company to Walt Disney Co, CNBC reported on Monday, citing unnamed people familiar with the matter. Disney would not seek to buy Fox's sports programming assets for fear of running foul of antitrust laws with its own ESPN network, and would also not buy Fox News or Fox's...

  • ABB said on Monday that it will restructure operations in North America, halting production at its factory in St. Louis and investing in its sites in South Boston and Crystal Springs, Mississippi, as well as expanding its medium and large transformer factory in Varennes, Canada. Other initiatives include expansion of production in India to better supply the...

  • ABB said on Monday that it will restructure operations in North America, halting production at its factory in St. Louis and investing in its sites in South Boston and Crystal Springs, Mississippi, as well as expanding its medium and large transformer factory in Varennes, Canada. Other initiatives include expansion of production in India to better supply the...

  • The companies' services are critical for Venezuela, which is struggling with a deep economic crisis marked by shortages of food and medicine. New York- based investment firm Torino Capital estimates that, in addition to the bonds, Venezuela owes some $26 billion to creditors and $24 billion in commercial loans. U.S.-based oilfield services provider...

  • SAO PAULO, Nov 4- The board of Brazil`s Oi SA has approved a change to the restructuring proposal of the debt-laden telecom provider to be submitted to creditors on Monday, the company said in a securities filing. Reuters reported this week that the plan put forth by distressed asset funds such as Attestor Capital LLP and Centerbridge Partners LP includes...

  • CARACAS, Nov 3- Venezuela's cash-strapped government invited creditors to a Nov. 13 meeting in Caracas on Friday, after announcing plans to potentially restructure some $60 billion in bonds that sent the OPEC nation's debt prices plunging. President Nicolas Maduro on Thursday vowed to make a $1.2 billion bond payment but said future payments would be...

  • NEW YORK, Nov 3- The U.S. tax restructuring plan unveiled by Republican lawmakers on Thursday proposed changes that would remove tax advantages of some types of municipal bonds at a time of robust market performance and, in the coming week, a hefty issuance calendar. Leading the pack in competitive offerings is Pennsylvania, set to issue $973.99 million in...

  • CARACAS, Nov 3- Venezuela's cash-strapped government invited creditors to a Nov. 13 meeting in Caracas on Friday, after announcing plans to potentially restructure some $60 billion in bonds that sent the OPEC nation's debt prices plunging. Investors were unsure about what he meant, because U.S. sanctions on Venezuela mean refinancing is off the table.

  • CARACAS, Nov 3- Venezuela's cash-strapped government invited creditors to a Nov. 13 meeting in Caracas on Friday, after announcing plans to potentially restructure some $60 billion in bonds that sent the OPEC nation's debt prices plunging. Investors were unsure about what he meant, because U.S. sanctions on Venezuela mean refinancing is off the table.

  • Speaking to analysts after the release of quarterly results, CFO Luiz Saraiva added that Brazil's largest discount retailer is evaluating opening franchise-style operations in Brazil and sees big potential for opening new convenience stores.

  • WASHINGTON, Nov 3- Bankrate Inc will divest its Caring.com unit as a condition of its acquisition by Red Ventures LLC for $1.4 billion to avoid harm to competition in the third-party paid senior living facilities referral services, the Federal Trade Commission said on Friday.

  • CARACAS, Nov 3- President Nicolas Maduro's cash-strapped socialist government invited Venezuelan bondholders to a Nov. 13 meeting in Caracas as a shock decision to restructure the OPEC nation's foreign debt sent prices plunging on Friday. "A sovereign process of debt renegotiation is beginning," said El Aissami, who is heading Venezuela's debt committee...

  • CARACAS, Nov 3- Venezuelan bonds tumbled on Friday after socialist President Nicolas Maduro announced plans to restructure the OPEC nation's external debt during an unprecedented economic crisis further complicated by U.S. sanctions. Venezuela has few avenues to restructure, however, because of President Donald Trump's sanctions. Venezuela's move could...