Bell Media acquired Astral and appointed new top executives. Bell Media officially acquired Astral Media Inc. for Can$3. 2 billion. The acquisition included two over-the-air TV stations, 77 radio stations, eight pay and specialty TV services, and last but not least, the Astral's out-of-home division.
People
China: Credit Cut off to Rebalance Economy
Friday last, China announced that it would cut off credit to force consolidation in industries. Last Friday, China announced that it would cut off credit to force consolidation in industries.
ECB Executive Warns Risk of Delayed Recovery and Lost Decade
European Central Bank executive Benoit Coeure said that there is a risk that the euro zone might experience delay recovery in a few quarters on Friday.
Dwight Howard's Move To Houston A Boon For Comcast
Comcast Houston forecast soaring ratings from Dwight Howard's move to the Houston Rockets Los Angeles Laker Center's Dwight Howard's decision to move for the Houston Rockets signifies a victory for Comcast Corp against Time Warner Cable Inc.
World Bank: Brazil, Egypt, Turkey Unrest a Wakeup Call
The protests in Brazil, Egypt and Turkey should push governments around the world to provide crucial public services and opportunities to their citizens.
Latest News
China appointed Ding Xuedong as the new head of the country's sovereign wealth fund. Ding Xuedong was appointed as head of China's sovereign wealth fund.
Billionaire Eike Batista halted operations in iron-ore mine Corumba to save his empire’s commodities.
Mark Mobius, CEO of Templeton Emerging Markets Group said that he has considered tapping growth in African emerging markets through private equity investments.
Joe Galasso was named as the new Director of Sales at Alkame(TM) Water. Joe Galasso was named as the new Director of Sales at Alkame(TM) Water, which is a subsidiary of Pinnacle Enterprise Inc.
Karim Kanji announced his resignation from Barclays Head of coal, dry-freight and iron-ore trader at Barclays Plc (BARC) Karim Kanji announced resignation from the bank.
Colin Benner, founding board member of Dalradian, resigned from the company's board on Thursday.
Disagreement as to how much was offered for 632 Lloyds Banking Group PLC ensued between NBNK Investments PLC owner Peter Levene and the Lloyd's CEO Antonio Horta Osorio.
EBX Group's shares were considered worthless as the company officially breaks up today. (Photo : Reuters)This is Eike Batista. The exit of Brazilian billionaire Eike Batistsa from MPX Energia officially started the collapse of his former industrial conglomerate giant EBX Group.
Five directors of Trio Capital Limited accepted enforceable undertakings from APRA. (Photo : Reuters)This is the corporate logo of Trio Capital. In an announcement made by the Australian Prudential Regulation Authority or APRA today, five Trio Capital Limited directors have been relieved of their positions due to their admission of failure.
