American cable operator Comcast Corp. will receive more than 75% of the shares of British Sky, after completing a deal to acquire a 39% stake in the company from 21st Century Fox Rupert Murdoch, Comcast said in a statement. On October 3, Comcast reached an agreement to buy Sky shares from 21st Century Fox, or about 39.12% of the British company, at £ 17.28 per share. The total amount of the...

2018 was not the best for European stock markets. Since January, companies in the Old World raised about $ 37 billion with the help of IPOs, compared with about $ 44 billion in the same period last year, reports Bloomberg. Quarter IV is the last chance for companies to enter the market this year, before all sorts of unpleasant "surprises" would overtake them in 2019. The most successful initial...

October 1 is the International Coffee Day. To survive in the coffee business, companies have to analyze Big Data, implement artificial intelligence and robotics technologies. Active use of new technologies in preparation and sale of coffee and coffee drinks began in the early 2010s. This led to a steady growth in the volume of the coffee market: for example, it increased by 36% in the United...

Tencent Music, the largest music streaming service with about 800 million subscribers, is planning an IPO. The Chinese company has already applied for an IPO in the US, it plans to raise $ 1 billion. Thus, its value can be estimated at about $ 25 billion. On Tuesday, October 2, Chinese music streaming service Tencent Music Entertainment submitted an application to the US Securities and Exchange...

In the third quarter, American Tesla Inc. increased production of electric vehicles by 50% compared to the previous three months - up to 80,142 thousand. This is the highest quarterly figure in the company’s history, according to a press release. The number included 26,903 cars of Model S and Model X, and also 53,239 thousand Model 3 were released. Deliveries in July-September amounted to 83.5...

EasyJet has improved its annual profit forecast due to cancellation of Ryanair flights, its biggest competitor, and high demand for flights. The company now forecasts that earnings for the 2018 financial year, which will end on September 30, will increase by about 40 percent due to such disposable factors as bankruptcy of Monarch and Air Berlin, as well as due to strikes in Ryanair. EasyJet’s...

The electricity deficit that may arise in the country in November will be covered by imports from Germany, the Belgian Ministry of Energy said. In November, only one of the seven reactors of Belgian nuclear power plants will remain in operation. In connection with the maintenance work at the Belgian nuclear power plant, the Minister of Energy Marie-Christine Marghem did not exclude the...

The Labor Party Congress is being held in Liverpool on September 23 - 26. Its main theme is Brexit, and on Tuesday the party members voted for its way of settling the deal with the EU. As a result, it was decided to suggest holding a new referendum on leaving the EU. The Labor Party will lobby the approved option in the course of further discussion about the future of Great Britain in Europe. The...

The manufacturer of fashionable clothes and bags Michael Kors Holding Ltd is close to conclude an agreement to purchase the Italian fashion house Gianni Versace SpA, Bloomberg reports with reference to informed sources. Michael Kors, which valued Versace at about $ 2 billion, could announce the deal this week. Terms of the transaction suggest that the Versace family in any case will continue to...