AMC Networks buys 49.9 percent stake in BBC America

AMC Networks Inc (AMCX.O) said on Thursday it agreed to pay $200 million for a 49.9 percent stake in BBC America and would take operational control of the cable television channel.


Singapore Airlines signals budget determination with Tiger takeover

Singapore Airlines Ltd (SIA) (SIAL.SI) is injecting cash into money-losing Tiger Airways Ltd (TAHL.SI), signalling its resolve to persevere in the low-cost segment even after the budget affiliate bowed out of three regional markets.

Apple ponders sapphire options, leaves door open for GT

Apple Inc (AAPL.O) said on Thursday it is studying options for sapphire supply and might work again with GT Advanced Technologies Inc (GTATQ.PK) if the distressed supplier can reduce production costs for the scratch-resistant material.

Digital River to be acquired by investor group for $840 million

E-commerce services provider Digital River Inc said on Thursday it entered into an agreement to be acquired by an investor group led by Siris Capital Group LLC for about $840 million.


Latest News

If the European Central Bank really wants to kick-start the euro zone economy, it should ensure the bloc's banks are up to the task of lending.
Drugmakers are looking for some kind of indemnity from governments or multilateral agencies against possible losses or claims arising from the widespread emergency use of new Ebola vaccines in Africa.
The Brazilian real on Thursday slumped to a 9-1/2-year low while the Bovespa stock index erased its 2014 gains as investors feared President Dilma Rousseff may defeat market-favorite candidate Aecio Neves in Sunday's presidential election.
The yen languished at two-week lows against the dollar early on Friday, having come under renewed pressure overnight after an encouraging rally on Wall Street dampened demand for the safe haven currency.
Determined not to repeat a holiday season that left millions of packages delivered too late and customers seething, United Parcel Service Inc (UPS.N) and FedEx Corp (FDX.N) are investing heavily in new infrastructure - but the continued dynamic growth of e-commerce will test those efforts.
Lockheed Martin Corp (LMT.N) and U.S. defense officials have reached agreement on the terms of a contract worth about $4 billion for an eighth batch of 43 F-35 fighter jets, sources familiar with the deal said on Thursday.
The U.S. Federal Reserve said on Thursday it would assume wider corporate bond spreads and a higher oil price in the most strenuous scenario it will use in next year's run of its annual check of banks' health.
Microsoft Corp (MSFT.O) reported higher-than-expected quarterly revenue, helped by stronger sales of its phones, Surface tablets and cloud-computing products for companies, while keeping its profit margins largely intact.
Euro zone businesses performed much better than forecasters expected this month and China's vast factory sector grew a shade faster but there were worrying signs that the upturn could be short-lived.
The number of Americans filing new claims for unemployment benefits rose last week, but the underlying trend firmly pointed to strengthening labor market conditions.