Verizon telecommunications company, intends to acquire operating business of Internet Corporation Yahoo, may lower the offer’s price, or even abandon the deal, Bloomberg reported citing a source familiar with the situation. According to the publication, the new doubts have been caused by information about hacking 1 billion Yahoo’s users accounts. As explained by the source, part of Verizon...

Transnational media holding, controlled by Murdoch family, offered £ 10.75 per Sky’s share to shareholders. Total price of the transaction may amount to £ 11.7 billion ($ 14.8 billion). Media holding Twenty-First Century Fox Inc. (21st Century Fox) announced an agreement with management of the British Sky television. Under the deal, 21st Century Fox, which already owns 39.1% stake in the Sky,...

General Electric (GE) company plans to gain $ 4 billion through sale of its two industrial units, and is going to achieve a cost reduction of $ 1 billion. The company is taking these steps within a programme of increasing profitability by reducing volume of activity. The two divisions, sale of which was announced during a presentation to financial analysts are Industrial Solutions, which provides...

US investment bank Goldman Sachs Group Inc, is expected to appoint David Solomon and Harvey Schwartz top aides to Chief Executive Lloyd Blankfein. According to The Wall Street Journal’s sources, names of Solomon and Schwartz, appointment of whom may be announce as early as Wednesday, emerged after US President-elect Donald Trump promised to invite President and Managing Director of Goldman Sachs...

Honda Motor invested in Singapore taxi service GrabTaxi Holdings. The latter may these funds to compete with Uber growing in Southeast Asia. Volume of the Japanese automaker’s investment has not been disclosed. The deal with Honda took place less than two weeks after GrabTaxi announced cooperation with the largest Japanese car leasing company Tokyo Century. In September, Grab raised $ 750 million...

Japanese brewer Asahi Holdings is going to buy a number of Eastern European beer brands from Anheuser-Busch InBev (AB InBev) Belgian company. Asahi announced this in today’s release. The acquisition price is ¥ 900 billion (€ 7.3 billion). The Japanese company acquires Czech producer of beer Plzensky Prazdroj, Polish Kompania Piwowarska, as well as Romanian Ursus, Slovak Topvar and Hungarian...

The Financial Times obtained BP’s report on internal audit security, carried out last year. It states that, despite earlier disaster in the Gulf of Mexico and adopted program to improve safety measures, the company is still not paying enough attention to control important technical information. In recent years, such inattention resulted in several incidents that could lead to death of people....

On Sunday, Iran signed an agreement to purchase 80 passenger Boeings worth $ 16.6 billion. The country’s representatives also announced purchase of a dozen Airbus aircraft, thus concluding the biggest deal with Western companies since the 1979 Islamic revolution. Under the deal, IranAir buys Boeings 737 MAX and thirty Boeings 777. Iranian official told Reuters that IranAir is also on the "very...

In anticipation of growth of the world’s urban population, the largest seller of furniture and household goods, Sweden IKEA, will open smaller shops and pickup points located closer to city centers. "Until now, our recipe for success was to build large stores on potato fields. Now, however, we expect that 70% of the world population will live in cities by 2050 - said CEO of IKEA Peter Agnefjäll....