French oil and gas company Total is buying Maersk Oil & Gas company, which is a subdivision of the Danish Moller-Maersk. The issue price will be $ 7.45 billion. Total will take on Maersk Oil's debt obligations of $ 2.5 billion. The deal is scheduled to be closed in the first quarter of next year. Preliminary approval of the relevant regulatory bodies is required. Purchase of Maersk Oil will...

German airline Air Berlin announced start of the bankruptcy procedure. This is stated in the concern’s message. The company will continue to carry out regular flights, and the German government will provide a loan of € 150 million for the period of restructuring. The company noted that all tickets purchased by passengers on airline flights remain valid. "The reserved tickets remain valid,...

The high demand for video cards has not ensured growth of quotations of Nvidia, the manufacturer of graphics solutions. The market was dissatisfied with growth of the American company’s revenues in data centers and cars. The company's shares fell in price by more than 6% after the report. Nvidia’s revenues in the second quarter of the financial year 2018 increased, as expected, thanks to the...

Financial Times reports that Jean-Claude Juncker is going to demand expansion of powers of the European Commission in the field of mergers and acquisitions. In particular, the regulator wants to tighten control over foreign investors with regard to purchases of European companies. First of all, such a measure is necessary for the EU authorities to protect its high-tech sector from technology...

Facebook’s stock split has been approved quite a long time ago. This happened in the last year. Then, shareholders approved the proposal to split 1 to 2, and then to pay a one-time payment of dividends as non-voting shares of class C. It was assumed this decision would let the company’s founder Mark Zuckerberg and his wife Priscilla Chan to give most of their capital - 99% - to charity, but at...

28 Chinese application developers have filed a complaint to regulators against Apple. In their opinion, Apple exploits its dominant position in the market by removing applications created by local developers without valid reasons. In addition, the complaint points out that App Store does not have an official registration in China. According to The Wall Street Journal, 28 Chinese mobile...

Apple, Amazon and Netflix are negotiating purchase of a film library of one of the leading Bollywood studios, Eros International. According to Reuters, the future deal will include purchase of 3 thousand movies of the film company. Volume of the contract can reach $ 1 billion. One of the leading Indian film studios, Eros International, is negotiating with three American hi-tech companies (Apple,...

On Monday, Tesla Inc. said that it intends to raise about $ 1.5 billion by issuing bonds. The American automaker is seeking to increase production of its latest sedan model - Model 3, Reuters reports. The offer of debt is explained by the fact that Tesla has been receiving thousands of pre-orders for Model 3 in the amount of about 1.8 thousand per day from the moment the model was launched in...

Automobile brands Opel and Vauxhall now belong to the French auto concern PSA Peugeot-Citroen. The transaction is considered closed; the issue price was 2.2 billion euros. Handelsblatt notes that the new owner plans to upgrade Opel’s factories. Now the company is working out a new development plan for the French alliance. The strategy will be aimed at restoring financial stability. It should be...